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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN355 - BISTDB

Release Date: 11/12/2013 11:19
Code(s): CLN355     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN355” - BISTDB

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN355”

Stock Code: CLN355
ISIN Code: ZAG000111469

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN355 Senior Unsecured Floating Rate
Credit Linked Note due 24 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           ZAR60,000,000,000
Total notes issued                  ZAR27,530,041,083.55
Full Note details are as follows:

Issue Date:                         12 December 2013
Nominal Issued:                     ZAR30,000,000
Coupon Rate:                        16.682%    minus    three   month
                                    ZAR-JIBAR-SAFEX
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      24 May 2017
First Interest Payment Date:        24 February 2014
Interest Payment Dates:             Each 24 February, 24 May, 24
                                    August and 24 November
Books Close:                        From each 14 February, 14
                                    May,    14    August    and    14
                                    November
Last day to register:               By:    17h00     on    each    13
                                    February, 13 May, 13 August
                                    and 13 November
Interest Commencement Date:         12 December 2013
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 December 2013
Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)      (011) 378 7826
Email: johann.erasmus@standardbank.co.za

Date: 11/12/2013 11:19:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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