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CLN275 - The Standard Bank of South Africa Limited - Tap Issue Announcement

Release Date: 11/06/2012 16:04
Code(s): JSE
Wrap Text

CLN275 - The Standard Bank of South Africa Limited - Tap Issue Announcement The Standard Bank of South Africa Limited Tap Issue Announcement - "CLN275" Stock Code: CLN275 ISIN Code: ZAG000095654 The JSE Limited has granted a tap issue to The Standard Bank of South Africa Limited - CLN275 Senior Unsecured Floating Rate Credit Linked Note due 22 May 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 ZAR34,790,985,337 Full Note details are as follows: Tap Issue Date: 12 June 2012 Tap Amount: ZAR5,000,000 Total Nominal Issued: ZAR10,000,000 Coupon Rate: 155bps over 3 month JIBAR rate as determined on each Interest Determination Date Coupon Indicator: Floating Trade Type: Yield Maturity Date: 22 May 2017 First Interest Payment Date: 22 August 2012 Interest Payment Dates: Each 22 August, 22 November, 22 February and 22 May
Books Close: From each 12 August, 12 November, 12 February and 12 May Last day to register: By: 17:00 on each 11 August, 11 November, 11 February and 11 May
Interest Commencement Date: 22 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. Dated 11 June 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: 11/06/2012 16:04:02 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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