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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited Stock Code: CLN377 New Financial Instrument Listing Announcement

Release Date: 23/04/2014 15:10
Code(s): CLN377     PDF:  
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The Standard Bank of South Africa Limited
Stock Code: CLN377
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN377”

Stock Code: CLN377
ISIN Code: ZAG000115460

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN377 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                  ZAR28,342,456,875.50
Full Note details are as follows:

Issue Date:                         25 April 2014
Nominal Issued:                     ZAR50,000,000
Coupon Rate:                        16.5% minus three month ZAR-
                                    JIBAR-SAFEX
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:         25 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 23 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

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