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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement -CLN460

Release Date: 23/01/2017 11:05
Code(s): CLN460     PDF:  
Wrap Text
New Financial Instrument Listing Announcement -CLN460

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN460”

Stock Code:    CLN460
ISIN Code:     ZAG000141631

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN460 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                  ZAR25,689,489,962.32

Full Note details are as follows:
Issue Date:                         24 January 2017
Nominal Issued:                     ZAR400,000,000
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:                      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:         24 January 2017
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 23 January 2017
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: 23/01/2017 11:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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