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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited Tap Issue Announcement - CLN416?

Release Date: 11/02/2016 11:30
Code(s): CLN416     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
Tap Issue Announcement - “CLN416”

The Standard Bank of South Africa Limited
Tap Issue Announcement - “CLN416”

Stock Code: CLN416
ISIN Code: ZAG 000129495

The JSE Limited has granted a tap issue to The Standard Bank of
South Africa Limited – CLN416 Senior Unsecured Floating Rate
Notes due 18 July 2020 - 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                  ZAR27,047,634,958.63

Full Note details are as follows:

Tap Issue Date:                     11 February 2016
Tap Amount:                         ZAR10,000,000
Total Nominal Issued:               ZAR20,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 4.20% as per the Pricing
                                    Supplement, determined on the
                                    Interest Determination Dates
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      18 July 2020
First Interest Payment Date:        18 October 2015
Interest Payment Dates:             Each 18 January, 18 April, 18
                                    July, 18 October
Books Close:                        From each of 08 January, 08
                                    April, 08 July, 08 October
Last day to register:               By: 17:00 on each 07 January,
                                    07 April, 07 July, 07 October
Interest Commencement Date:         02 September 2015
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 11 February 2016
Sponsor – The Standard Bank of South Africa Limited
For further information on the tap in respect of           this   Note
please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 11/02/2016 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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