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CLN182 - The Standard Bank of South Africa Limited - New Financial Instrument

Release Date: 01/06/2011 15:09
Code(s): JSE
Wrap Text

CLN182 - The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement THE STANDARD BANK OF SOUTH AFRICA LIMITED - "CLN182" Dated: 01 June 2011 Stock Code: CLN182 ISIN Code: ZAG00086422 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN182 Senior Unsecured Floating Rate Credit Linked Note due 2 June 2012 - sponsored by The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking Division), under its Credit Linked Note Programme. Authorised Programme size R40,000,000,000.00 Total notes issued R26,929,563,689.99 Full Note details are as follows: Nominal Issued: ZAR500,000,000.00 Coupon Rate: 75bps over 3 month JIBAR rate as determined on each Interest Determination Date Coupon Indicator: Floating Trade Type: Price Maturity Date: 2 June 2012 First Interest Payment Date: 2 September 2011 Interest Payment Dates: 2 September 2011, 2 December 2011, 2 March 2012 and 2 June 2012 Books Close: 23 August 2011, 22 November 2011, 21 February 2012 and 23 May 2012 Last day to register: By 17:00h on 22 August 2011, 21 November 2011, 20 February 2012 and 22 May 2012 Interest Commencement Date: 2 June 2011 Settlement Date: 2 June 2011 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. Further information on the Note issued please contact: Johann Erasmus SBSA (Sponsor) (011) 378 7826 Email: johann.erasmus@standardbank.co.za 01 June 2011 Standard Bank Debt Capital Market Date: 01/06/2011 15:09:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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