To view the PDF file, sign up for a MySharenet subscription.

STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement

Release Date: 02/11/2016 15:20
Code(s): CLN456     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN456”

Stock Code:    CLN456
ISIN Code:     ZAG000140260

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN456 Senior Unsecured Floating Rate
Credit Linked Note due 10 December 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                  ZAR27,198,589,962.32

Full Note details are as follows:
Issue Date:                         03 November 2016
Nominal Issued:                     ZAR50,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus Margin of 4.22% as per
                                    the Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 December 2021
First Interest Payment Date:        20 December 2016
Interest Payment Dates:             Each 20 December, 20 March,
                                    20 June and 20 September
Books Close:                        From each 10 December, 10
                                    March,    10   June   and 10
                                    September
Last day to register:               By:    17h00   on    each 09
                                    December, 09 March, 09 June
                                    and 09 September
Interest Commencement Date:         03 November 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 02 November 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: 02/11/2016 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story