To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - CLN370 - BISTDB

Release Date: 04/03/2014 17:43
Code(s): CLN370     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
New Financial Instrument Listing Announcement - “CLN370” - BISTDB

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN370”

Stock Code: CLN370
ISIN Code: ZAG000113721

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN370 Senior Unsecured Floating Rate
Credit Linked Note due 26 July 2022 - 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                  ZAR27,676,208,828.44
Full Note details are as follows:

Issue Date:                         05 March 2014
Nominal Issued:                     ZAR100,000,000
Coupon Rate:                        245bps over 3 month JIBAR
                                    rate as determined on each
                                    Interest Determination Date
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      26 July 2022
First Interest Payment Date:        26 April 2014
Interest Payment Dates:             Each 26 January, 26 April, 26
                                    July and 26 October
Books Close:                        From   each   16 January, 16
                                    April, 16 July and 16 October
Last day to register:               By: 17:00 on each 15 January,
                                    15 April, 15 July and 15
                                    October
Interest Commencement Date:         05 March 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 04 March 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: 04/03/2014 05:43:00 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.

Share This Story