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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - SSN037

Release Date: 27/05/2016 12:16
Code(s): SSN037     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN037

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN037”

Stock Code: SSN037
ISIN Code: ZAG000137068

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN037 Senior Unsecured Floating Rate
Notes due 01 June 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                  ZAR29,544,569,754.46
Full Note details are as follows:

Issue Date:                         01 June 2016
Nominal Issued:                     ZAR30,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 2.53% (capped at 10.5%)
                                    nacq
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      01 June 2021
First Interest Payment Date:        01 September 2016
Interest Payment Dates:             Each 01 March, 01 June, 01
                                    September   and   01   December
                                    until the Maturity Date.
Books Close:                        From each 19 February (it
                                    being understood that such
                                    date   shall   change   to   20
                                    February in a leap year), 22
                                    May,    22   August   and    21
                                    November.
Last day to register:               By: 17:00 on each 18 February
                                    (it   being   understood   that
                                    such date shall change to 19
                                    February in a leap year), 21
                                    May,    21   August   and    20
                                    November.
Interest Commencement Date:         01 June 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 27 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: 27/05/2016 12:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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