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SBK15 - The Standard Bank of South Africa Limited - New Financial Instrument

Release Date: 20/01/2012 14:40
Code(s): JSE
Wrap Text

SBK15 - The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement THE STANDARD BANK OF SOUTH AFRICA LIMITED - "SBK15" Authorised Programme size R60,000,000,000.00 Total notes in issue R41,945,757,607 Dated: 20 January 2012 Stock Code: SBK15 ISIN Code: ZAG000092339 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - SBK15 Subordinated Unsecured Secondary Capital Notes due 23 January 2022 - sponsored by The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking Division), under its Domestic Medium Term Note Programme. Full Note details are as follows: Aggregate Nominal Amount : ZAR1,220,000,000 Coupon Indicator : Floating Rate and Indexed Linked Floating Rate: 7.601% (being 200 bps over 3 month JIBAR of 5.601%) from the Issue Date to, but
excluding the Optional Redemption Date Index Linked rate: CPI Linked from the Optional Redemption Date to the Maturity Date Issue Price : 100% Optional Redemption Date: 23 January 2017 or any Interest Payment Date thereafter Maturity Date: 23 January 2022 First Interest Payment Date: 23 April 2012 Interest Payment Dates: 23 January, 23 April, 23 July and 23 October from the Issue Date to the Optional Redemption Date
23 January and 23 July from (but excluding) the Optional Redemption Date to the Maturity Date Books Close: 13 January, 13 April, 13 July and 13 October from the Issue Date to the Optional Redemption Date. 13 January and 13 July from the Optional Redemption Date to the Maturity
Date Last day to register: By 17:00h on 12 January, 12 April, 12 July and 12 October from the Issue Date to the Optional Redemption Date.
12 January and 12 July from the Optional Redemption Date to the Maturity Date Interest Commencement Date: 23 January 2012 Settlement Date: 23 January 2012 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: 20 January 2012 Further information on the Note issued please contact: Sponsor - SBSA Andrew Costa Tel:(011) 378 7008 Email:andrew.costa@standardbank.co.za Date: 20/01/2012 14:40:01 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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