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SBK16 - The Standard Bank of South Africa Limited - New Financial Instrument

Release Date: 14/03/2012 11:45
Code(s): JSE
Wrap Text

SBK16 - The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement THE STANDARD BANK OF SOUTH AFRICA LIMITED - "SBK16" Authorised Programme size R60,000,000,000.00 Total notes in issue R45,845,757,607 Dated: 14 March 2012 Stock Code: SBK16 ISIN Code: ZAG000093741 New Financial Instrument Listing Announcement The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - SBK16 Subordinated Unsecured Secondary Capital Notes due 15 March 2023 - 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: ZAR2,000,000,000 Coupon Indicator: Floating Rate and Indexed Linked Floating Rate: 7.7% (being 210 bps over 3 month JIBAR of 5.600%) 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: 15 March 2018 or any Interest Payment Date thereafter Maturity Date: 15 March 2023 First Interest Payment Date: 15 June 2012 Interest Payment Dates: 15 March, 15 June, 15 September and 15 December from the Issue Date to the Optional Redemption Date.15 March and 15 September from (but excluding) the Optional Redemption Date to the Maturity Date
Books Close: 5 March, 5 June, 5 September and 5 December from the Issue Date to the Optional Redemption Date 5 March and 5 September from the Optional Redemption Date to the Maturity
Date Last day to register: By 17:00h on 4 March, 4 June, 4 September and 4 December from the Issue Date to the Optional Redemption Date
By 17:00h on 4 March and 4 September from the Optional Redemption Date to the Maturity Date Interest Commencement Date: 15 March 2012 Settlement Date: 15 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. Further information on the Note issued please contact: Sponsor - SBSA Andrew Costa Tel:(011) 378 7008 Email:andrew.costa@standardbank.co.za Date: 14/03/2012 11:45:01 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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