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CLN196 - The Standard Bank of South Africa Limited - New Financial Instrument

Release Date: 06/09/2011 08:40
Code(s): JSE
Wrap Text

CLN196 - The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement - "CLN196" Stock Code: CLN196 ISIN Code: ZAG000089053 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN196 Senior Unsecured Floating Rate Credit Linked Note due 15 June 2016 - 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 ZAR40,000,000,000.00 Total notes issued ZAR27,325,006,847.28 Full Note details are as follows: Issue Date: 6 September 2011 Nominal Issued: ZAR30,000,000.00 Coupon Rate: 400bps over 3 month JIBAR rate as determined on each Interest Determination
Date Coupon Indicator: Floating Trade Type: Price Maturity Date: 15 June 2016 First Interest Payment Date: 15 September 2011 Interest Payment Dates: each 15 September, 15 December, 15 March and 15 June Books Close: From 10 September 2011 and thereafter from each 5 September, 5 December, 5 March and 5 June Last day to register: By 17h00 on 9 September 2011 and thereafter each 4 September, 4 December, 4
March, and 4 June Interest Commencement Date: 6 September 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. Dated 6 September 2011 Sponsor - The Standard Bank of South Africa Limited Further information on the Note issued please contact: Johann Erasmus SBSA (Sponsor) (011) 378 7826 Email: johann.erasmus@standardbank.co.za Date: 06/09/2011 08:40:34 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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