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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN392

Release Date: 23/10/2014 09:00
Code(s): CLN392     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN392

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN392”

Stock Code: CLN392
ISIN Code: ZAG000120833

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN392 Senior Unsecured Floating Rate
Credit Linked Note due 20 March 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                   ZAR 60,000,000,000
Total notes issued                          ZAR 27 684 761 369.50
Full Note details are as follows:

Issue Date:                                 24 October 2014
Nominal Issued:                             ZAR 75,000,000.00
Coupon Rate:                                Three month ZAR-JIBAR-SAFEX
                                            plus 1.60%
Coupon Indicator:                           Floating Rate
Trade Type:                                 Price
Maturity Date:                              20 March 2017
First Interest Payment Date:                20 December 2014
Interest Payment Dates:                     Each 20 March, 20 June, 20
                                            September   and   20  December
                                            until the Maturity Date
Books Close:                                Each 10 March, 10 June, 10
                                            September and 10 December
Last day to register:                       By 17:00 on each 09 December,
                                            09 March, 09 June and 09
                                            September
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: 23/10/2014 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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