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SBS23 - The Standard Bank of South Africa Limited - New Financial Instrument

Release Date: 23/05/2012 10:15
Code(s): JSE
Wrap Text

SBS23 - The Standard Bank of South Africa Limited - New Financial Instrument Listing Announcement THE STANDARD BANK OF SOUTH AFRICA LIMITED Stock Code: SBS23 ISIN Code: ZAG000095522 Dated: 23 May 2012 Authorised Programme size R60,000,000,000.00 Total notes in issue R49, 996, 757, 607.00 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - SBS23 Senior Unsecured Floating Rate Notes due 24 May 2017 - 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: ZAR1,155,000,000 Coupon Indicator: Floating Rate Floating Interest Rate: 7% (being 140 bps over 3 month JIBAR of 5.600%) Issue Price: 100% Maturity Date: 24 May 2017 First Interest Payment Date: 24 August 2012 Interest Payment Dates: 24 May, 24 August 24 November and 24 February each year to the Maturity Date Books Close: 14 May, 14 August, 14 November and 14 February each year to the Maturity Date
Last day to register: By 17:00h on 13 May, 13 August, 13 November and 13 February Interest Commencement Date: 24 May 2012 Settlement Date: 24 May 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: 23/05/2012 10:15:01 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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