Wrap Text
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').
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.