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Standard Bank Investment Corporation Limited - Press Release

Release Date: 26/10/2001 10:59
Code(s): SBK
Wrap Text
STANDARD BANK INVESTMENT CORPORATION LIMITED
(incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
Share code SBC
ISIN: ZAE000014858

The Standard Bank of South Africa Limited Tier II Bond Issue
A subordinated callable tier II bond issue of approximately R1.5 billion, maturing 31 October 2013 (callable by the issuer on 31 October 2008) has been launched for The Standard Bank of South Africa Limited (rated AA Fitch national long-term senior). Joint bookrunners are Deutsche Bank and Standard Corporate and Merchant Bank. The pricing is likely to take place later today. Settlement is 31 October 2001. Listing on BESA (Bond Exchange of South Africa). Denominations of R1 million. Standard tax. South African law. Johannesburg 26 October 2001

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