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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - CLN375 BISTDB

Release Date: 17/04/2014 10:47
Code(s): CLN375     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
New Financial Instrument Listing Announcement - “CLN375” BISTDB

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN375”

Stock Code: CLN375
ISIN Code: ZAG000115163

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN375 Senior Unsecured Floating Rate
Credit Linked Note due 30 June 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                  ZAR28,212,456,875.50
Full Note details are as follows:

Issue Date:                         22 April 2014
Nominal Issued:                     ZAR14,000,000
Coupon Rate:                        Three month ZAR-JIBAR-SAFEX
                                    plus 2.87% (capped at 10%
                                    nacq)
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      30 June 2017
First Interest Payment Date:        30 June 2014
Interest Payment Dates:             Each 30 June, 30 September,
                                    30 December and 30 March
Books Close:                        From   each    20   June,  20
                                    September, 20 December and 20
                                    March
Last day to register:               By: 17h00 on each 19 June, 19
                                    September, 19 December and 19
                                    March
Interest Commencement Date:         22 April 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 17 April 2014
Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)      (011) 415 4100
Email: johann.erasmus@standardbank.co.za

Date: 17/04/2014 10:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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