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SSN001 - The Standard Bank of South Africa Limited - New Financial Instrument

Release Date: 01/03/2012 13:16
Code(s): JSE
Wrap Text

SSN001 - The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - "SSN001" Stock Code: SSN001 ISIN Code: ZAG000093451 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - SSN001 Senior Unsecured Floating Rate Notes due 1 March 2017 - 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 ZAR30,360,129,440 Full Note details are as follows: Issue Date: 1 March 2012 Nominal Issued: ZAR400,000,000 Coupon Rate: 200bps over 3 month JIBAR rate as determined on each Interest Determination Date, subject to a maximum of 10.60% nacq Coupon Indicator: Floating Trade Type: Price Maturity Date: 1 March 2017 First Interest Payment Date: 1 June 2012 Interest Payment Dates: Each 1 March, 1 June, 1 September and 1 December
Books Close: From each of 19 February, 22 May, 22 August and 21 November Last day to register: By: 17:00 on each 18 February, 21 May, 21 August and 20 November
Interest Commencement Date: 1 March 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 1 March 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: 01/03/2012 13:16:01 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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