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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement

Release Date: 20/05/2016 16:30
Code(s): CLN445     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN445”

Stock Code:    CLN445
ISIN Code:     ZAG000136847

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN445 Senior Unsecured Fixed Rate Credit
Linked Note due 24 May 2021 - 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                  ZAR29,514,569,754.46

Full Note details are as follows:
Issue Date:                         24 May 2016
Nominal Issued:                     ZAR100,000,000
Coupon Rate:                        11.345%    nacs    as  per the
                                    Pricing Supplement
Coupon Indicator:                   Fixed
Trade Type:                         Price
Maturity Date:                      24 May 2021
First Interest Payment Date:        24 August 2016
Interest Payment Dates:             Each 24 February, 24 May, 24
                                    August and 24 November
Books Close:                        From each 14 February, 14
                                    May,    14    August   and  14
                                    November
Last day to register:               By:    17h00     on   each  13
                                    February, 13 May, 13 August
                                    and 13 November
Interest Commencement Date:         24 May 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 May 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: 20/05/2016 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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