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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN457?

Release Date: 16/11/2016 13:15
Code(s): CLN457     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN457”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN457”
Stock Code:    CLN457
ISIN Code:     ZAG000140716

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN457 Senior Unsecured Floating Rate
Credit Linked Note due 17 November 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                  ZAR27,798,589,962.32

Full Note details are as follows:
Issue Date:                         17 November 2016
Nominal Issued:                     ZAR50,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus Margin of 2.25% as per
                                    the Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      17 November 2021
First Interest Payment Date:        17 February 2017
Interest Payment Dates:             Each     17     November,   17
                                    February,    17   May   and 17
                                    August
Books Close:                        From each 07 November, 07
                                    February,    07   May   and 07
                                    August
Last day to register:               By:    17h00    on    each  06
                                    November, 06 February, 06 May
                                    and 06 August
Interest Commencement Date:         17 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 16 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

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