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THE STANDARD BANK OF SA LTD - Tap Issue Announcement - CLN366- BISTDB

Release Date: 25/02/2014 12:13
Code(s): CLN366     PDF:  
Wrap Text
Tap Issue Announcement - “CLN366”- BISTDB

The Standard Bank of South Africa Limited
Tap Issue Announcement - “CLN366”

Stock Code: CLN366
ISIN Code: ZAG000112376


The JSE Limited has granted a tap to The Standard Bank of South
Africa Limited – CLN366 Senior Unsecured Floating Rate Credit
Linked Note due 06 August 2023 - 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                  ZAR27,576,208,828.44

Full Note details are as follows:

Tap Settlement Date:                26 February 2014
Tap Amount:                         ZAR50,000,000
Total Nominal Issued:               ZAR175,000,000
Coupon Rate:                        400bps over 3 month JIBAR
                                    rate as determined on each
                                    Interest Determination Date
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      6 August 2023
First Interest Payment Date:        6 May 2014
Interest Payment Dates:             6 May, 6 August, 6 November,
                                    6 February
Books Close:                        27 January, 26 April, 27
                                    July, 27 October
Last day to register:               By: 17:00 on 26 January, 25
                                    April, 26 July, 26 October
Interest Commencement Date:         11 February 2014
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 25 February 2014
Sponsor – The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)      (011) 415 4100
Email: johann.erasmus@standardbank.co.za

Date: 25/02/2014 12:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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