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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN296?

Release Date: 12/10/2012 15:00
Code(s): CLN296     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN296”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN296”

Stock Code: CLN296
ISIN Code: ZAG000095084

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN296 Senior Unsecured Floating Rate
Credit Linked Note due 20 December 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                  ZAR31,746,354,864

Full Note details are as follows:

Issue Date:                         15 October 2012
Nominal Issued:                     ZAR30,000,000
Coupon Rate:                        297bps over 3 month JIBAR
                                    rate as determined on each
                                    Interest Determination Date
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 December 2017
First Interest Payment Date:        20 December 2012
Interest Payment Dates:             Each 20 December, 20 March,
                                    20 June and 20 September
Books Close:                        From each 10 December, 10
                                    March,    10   June   and   10
                                    September
Last day to register:               By:    17:00   on    each   09
                                    December, 09 March, 09 June
                                    and 09 September
Interest Commencement Date:         15 October 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 12 October 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: 12/10/2012 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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