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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement CLN390

Release Date: 07/10/2014 10:00
Code(s): CLN390     PDF:  
Wrap Text
New Financial Instrument Listing Announcement
CLN390

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN390”

Stock Code: CLN390
ISIN Code: ZAG000120387

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN390 Senior Unsecured Floating Rate
Credit Linked Note due 01 October 2016 - 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                   ZAR 60,000,000,000
Total notes issued                          ZAR 28,687,761,369.50
Full Note details are as follows:

Issue Date:                                 09 October 2014
Nominal Issued:                             ZAR 10,000,000.00
Coupon Rate:                                Three month ZAR-JIBAR-SAFEX
                                            plus 1.55%
Coupon Indicator:                           Floating Rate
Trade Type:                                 Price
Maturity Date:                              01 October 2016
First Interest Payment Date:                01 January 2015
Interest Payment Dates:                     Each 01 January, 01 April, 01
                                            July and 01 October until the
                                            Maturity Date
Books Close:                                Each 20 December, 20 March,
                                            20 June and 20 September.
Last day to register:                       By 17:00 on each 19 December,
                                            19 March, 19 June and 19
                                            September
Interest Commencement Date:                 09 October 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 06 October 2014
Sponsor – The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 07/10/2014 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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