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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN458?

Release Date: 28/11/2016 14:20
Code(s): CLN458     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN458”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN458”

Stock Code:    CLN458
ISIN Code:     ZAG000141078

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN458 Senior Unsecured Floating Rate
Credit Linked Note due 29 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                  ZAR26,446,589,962.32

Full Note details are as follows:
Issue Date:                         29 November 2016
Nominal Issued:                     ZAR250,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus Margin of 2.35% as per
                                    the Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      29 November 2021
First Interest Payment Date:        28 February 2017
Interest Payment Dates:             Each 28 February, 29 May, 29
                                    August and 29 November
Books Close:                        From each 18 February, 19
                                    May,    19   August   and 19
                                    November
Last day to register:               By:    17h00   on    each 17
                                    February, 18 May, 18 August
                                    and 18 November

Interest Commencement Date:         29 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 28 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: 28/11/2016 02:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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