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CLN223 - The Standard Bank of South Africa Limited - New Financial Instrument

Release Date: 25/11/2011 07:49
Code(s): JSE
Wrap Text

CLN223 - The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement The Standard Bank of South Africa Limited Stock Code: CLN223 ISIN Code: ZAG000091026 New Financial Instrument Listing Announcement The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN223 Senior Unsecured Floating Rate Credit Linked Note due 15 June 2014 - 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 Total notes issued ZAR30,057,464,467 Full Note details are as follows: Issue Date: 24 November 2011 Nominal Issued: ZAR32,000,000 Coupon Rate: 1000bps over 3 month JIBAR rate as determined on each Interest Determination Date Coupon Indicator: Floating Trade Type: Price Maturity Date: 15 June 2014 First Interest Payment Date: 15 December 2011 Interest Payment Dates: Each 15 December, 15 March, 15 June and 15 September
Books Close: From each 05 December, 05 March, 05 June and 05 September Last day to register: By: 17:00 on each 04 December, 04 March, 04 June and 04 September
Interest Commencement Date: 24 November 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 24 November 2011 Sponsor - The Standard Bank of South Africa Limited Further information on the Note issued please contact: Johann Erasmus SBSA (Sponsor) Email: johann.erasmus@standardbank.co.za Date: 25/11/2011 07:49:00 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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