To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN394

Release Date: 22/10/2014 14:13
Code(s): CLN394     PDF:  
Wrap Text
New Financial Instrument Listing Announcement
- CLN394

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN394”

Stock Code: CLN394
ISIN Code: ZAG000120866
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN394 Senior Unsecured Floating Rate
Credit Linked Note due 20 September 2022 - 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 27,884,761,369.50
Full Note details are as follows:

Issue Date:                         24 October 2014
Nominal Issued:                     ZAR 150,000,000
Coupon Rate:                        Three month ZAR-JIBAR-SAFEX
                                    plus 2.05%
Coupon Indicator:                   Floating Rate
Trade Type:                         Yield
Maturity Date:                      20 September 2022
First Interest Payment Date:        20 December 2014
Interest Payment Dates:             Each 20 December, 20 March,
                                    20 June and 20 September
                                    until the Maturity Date
Books Close:                        Each 10 December, 10 March,
                                    10 June and 10 September from
                                    10 December 2014
Last day to register:               By 17:00 on each 09 December,
                                    09 March, 09 June and 09
                                    September from 09 December
                                    2014
Interest Commencement Date:         24 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 22 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: 22/10/2014 02:13:00 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.

Share This Story