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

Release Date: 12/06/2014 08:30
Code(s): SBS23 SBS27 SBS29 SBS30 SBS31     PDF:  
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The Standard Bank of South Africa Limited
New Financial Instrument Listing

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement

Dated: 12 June 2014

Stock Code: SBS23 – ZAG000095522 (Tap Issue), SBS27 –
ZAG000112772 (Tap Issue), SBS29 – ZAG000116617, SBS30 –
ZAG000116625, SBS31 – ZAG000116633


The JSE Limited has granted a financial instrument listing to
The Standard Bank of South Africa Limited – “SBS23, SBS27,
SBS29, SBS30, SBS31” Senior Unsecured Notes under its Domestic
Medium Term Note Programme - sponsored by The Standard Bank of
South Africa Limited (acting through its Corporate and
Investment Banking Division).

Full Note details are as follows:

Authorised Programme size           R90,000,000,000.00
Total notes in issue                R62,089,701,555

Bond Code:                          SBS23
Tap Amount Issued:                  ZAR820,000,000.00
Nominal Issue following Tap:        ZAR2,075,000,000.00
Coupon Indicator:                   Floating Rate
Trade Type                          Price
Floating Interest Rate              7.20% (3 Month JIBAR as at 24
                                    May 2014 of 5.8% plus 140bps)
Tap Spread:                         85.5bps
Issue Price:                        101.763330%
Maturity Date:                      24 May 2017
First Interest Payment Date:        24 August 2014
Interest Payment Dates:             24 August, 24 November, 24
                                    February and 24 May of each
                                    year until the Maturity Date
Books Close:                        14 August, 14 November, 14
                                    February and 14 May each year
                                    to the Maturity Date
Last day to register:               By 17h00 on 13 August, 13
                                    November, 13 February and 13
                                    May of each year
Interest Commencement Date:         24 May 2012
Settlement Date:                    12 June 2014
Placement Agent:                    The Standard Bank of South
                                    Africa Limited
Bond Code:                     SBS27
Tap Amount Issued:             ZAR260,000,000.00
Nominal Issue following tap:   ZAR2,007,000,000.00
Coupon Indicator:              Fixed Rate
Trade Type                     Yield
Coupon Rate:                   10.13%
Issue Price:                   106.720250% (tap yield 9.55%)
Maturity Date:                 20 February 2024
First Interest Payment Date:   20 August 2014
Interest Payment Dates:        20 August and 20 February of
                               each year until the Maturity
                               Date
Books Close:                   10 August and 10 February
                               each year to the Maturity
                               Date
Last day to register:          By 17h00 on 9 August and 9
                               February of each year
Interest Commencement Date:    20 February 2014
Settlement Date:               12 June 2014
Placement Agent:               The Standard Bank of South
                               Africa Limited

Bond Code:                     SBS29
Aggregate Nominal Amount:      ZAR500,000,000.00
Coupon Indicator:              Fixed Rate
Trade Type                     Yield
Coupon Rate:                   8.69%
Issue Price:                   100%
Maturity Date:                 12 June 2019
First Interest Payment Date:   12 December 2014
Interest Payment Dates:        12 June and 12 December of
                               each year until the Maturity
                               Date
Books Close:                   2 June and 2 December each
                               year to the Maturity Date
Last day to register:          By 17h00 on 1 June and 1
                               December of each year
Interest Commencement Date:    12 June 2014
Settlement Date:               12 June 2014
Placement Agent:               The Standard Bank of South
                               Africa Limited

Bond Code:                     SBS30
Aggregate Nominal Amount:      ZAR1,159,000,000.00
Coupon Indicator:              Floating Rate
Trade Type                     Price
Floating Interest Rate:            6.85% (3 Month JIBAR as at 9
                                   June 2014 of 5.8% plus
                                   105bps)
Issue Price:                       100%
Maturity Date:                     12 June 2019
First Interest Payment Date:       12 September 2014
Interest Payment Dates:            12 September, 12 December, 12
                                   March and 12 June of each
                                   year until the Maturity Date
Books Close:                       2 September, 2 December, 2
                                   March and 2 June each year to
                                   the Maturity Date
Last day to register:              By 17h00 on 1 September, 1
                                   December, 1 March and 1 June
                                   of each year
Interest Commencement Date:        12 June 2014
Settlement Date:                   12 June 2014
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

Bond Code:                         SBS31
Aggregate Nominal Amount:          ZAR440,000,000.00
Coupon Indicator:                  Fixed Rate
Trade Type                         Yield
Coupon Rate:                       9.785%
Issue Price:                       100%
Maturity Date:                     12 June 2027
First Interest Payment Date:       12 December 2014
Interest Payment Dates:            12 June and 12 December of
                                   each year until the Maturity
                                   Date
Books Close:                       2 June and 2 December each
                                   year to the Maturity Date
Last day to register:              By 17h00 on 1 June and 1
                                   December of each year
Interest Commencement Date:        12 June 2014
Settlement Date:                   12 June 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.

Further information on the Note issued please contact:
Alexi Contogiannis       SBSA (Sponsor)           (011) 721 8003

Date: 12/06/2014 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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