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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - CLN438?

Release Date: 20/01/2016 15:50
Code(s): CLN438     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
New Financial Instrument Listing Announcement - “CLN438”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN438”

Stock Code:    CLN438
ISIN Code:     ZAG000132804

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN438 Senior Unsecured Floating Rate
Credit Linked Note due 22 January 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           ZAR60,000,000,000
Total notes issued                  ZAR31,630,884,452.46

Full Note details are as follows:
Issue Date:                         22 January 2016
Nominal Issued:                     ZAR30,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus Margin of 7.10% as per
                                    the Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      22 January 2017
First Interest Payment Date:        22 April 2016
Interest Payment Dates:             Each 22 January, 22 April, 22
                                    July, 22 October
Books Close:                        From   each   12 January, 12
                                    April, 12 July, 12 October
Last day to register:               By: 17h00 on each 11 January,
                                    11 April, 11 July, 11 October
Interest Commencement Date:         22 January 2016
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 20 January 2016
Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 20/01/2016 03:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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