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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN450

Release Date: 22/06/2016 10:30
Code(s): CLN450     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN450

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN450”

Stock Code:    CLN450
ISIN Code:     ZAG000137613

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN450 Senior Unsecured Floating Rate
Credit Linked Note due 20 June 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                  ZAR31,001,569,754.46

Full Note details are as follows:
Issue Date:                         23 June 2016
Nominal Issued:                     ZAR250,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    as per the Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 June 2017
First Interest Payment Date:        20 September 2016
Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September and 20 December
Books Close:                        From each 10 March, 10 June,
                                    10 September and 10 December
Last day to register:               By: 17h00 on each 09 March,
                                    09 June, 09 September and 09
                                    December
Interest Commencement Date:         23 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 22 June 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: 22/06/2016 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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