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CLN236 - The Standard Bank of South Africa Limited - Tap Issue announcement

Release Date: 16/02/2012 14:15
Code(s): JSE
Wrap Text

CLN236 - The Standard Bank of South Africa Limited - Tap Issue announcement Stock Code: CLN236 ISIN Code: ZAG000092818 The JSE Limited has granted a tap issue to The Standard Bank of South Africa Limited - CLN236 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 Structured Note Programme. Authorised Programme size ZAR40,000,000,000 Total notes issued ZAR29,654,128,540 Full Note details are as follows: Tap Issue Date: 16 February 2012 Tap Amount: ZAR105,000,000 Total Nominal Issued: ZAR180,000,000 Coupon Rate: 475bps 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 March 2012 Interest Payment Dates: Each 15 March, 15 June, 15 September and 15 December Books Close: From each 5 March, 5 June, 5 September and 5 December Last day to register: By: 17:00 on each 4 March, 4 June, 4 September and 4 December Interest Commencement Date: 9 February 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 16 February 2012 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: 16/02/2012 14:15:01 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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