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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement

Release Date: 01/03/2018 16:45
Code(s): CLN519     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN519”

Stock Code:    CLN519
ISIN Code:     ZAG000149956

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN519 Senior Unsecured Fixed Rate Credit
Linked Note due 30 June 2022 - sponsored by The Standard Bank of
South   Africa  Limited  (acting   through   its   Corporate  and
Investment   Banking  Division),  under    its   Structured  Note
Programme.

Authorised Programme size           ZAR60,000,000,000
Total notes issued                  ZAR29,163,457,373.90.
Full Note details are as follows:
Issue Date:                         02 March 2018
Nominal Issued:                     ZAR62,500,000
Coupon Rate:                        9.60% nacs
Coupon Indicator:                   Fixed
Trade Type:                         Yield
Maturity Date:                      30 June 2022
First Interest Payment Date:        30 June 2018
Interest Payment Dates:             Each 30 June and 30 September
                                    until the Maturity Date, with
                                    the first Interest Payment
                                    Date being 30 June 2018
Business Day Count/Convention:      Actual/365(Fixed)          and
                                    Following Business Day
Books Close:                        From   each    20   June   and
                                    20 September   of  each   year
                                    commencing    on 20 June 2018,
                                    until the applicable Interest
                                    Payment Date
Last day to register:               By: 17h00 on 19 June and
                                    19 September   of  each   year
                                    commencing on 19 June 2018
Interest Commencement Date:         Issue Date
Placement Agent:                    The Standard Bank of South
                                    Africa Limited

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 01 March 2018
Sponsor – The Standard Bank of South Africa Limited

For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

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