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

STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN461

Release Date: 14/02/2017 13:00
Code(s): CLN461     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN461

The Standard Bank of South Africa Limited
Stock Code:    CLN461
ISIN Code:     ZAG000142209

New Financial Instrument Listing Announcement - “CLN461”

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN461 Senior Unsecured Floating Rate
Credit Linked Note due 15 February 2022 - 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                  ZAR26,343,456,401.99

Full Note details are as follows:
Issue Date:                         15 February 2017
Nominal Issued:                     ZAR330,000,000
Coupon Rate:                        three   month    ZAR-JIBAR-SAFEX
                                    plus Margin of 3.2% as per
                                    the Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      15 February 2022
First Interest Payment Date:        15 May 2017
Interest Payment Dates:             Each 15 February, 15 May, 15
                                    August and 15 November until
                                    the Maturity Date
Books Close:                        From each 05 February, 05
                                    May,    05    August    and   05
                                    November
Last day to register:               By:    17h00     on   each    04
                                    February, 04 May, 04 August
                                    and 04 November
Interest Commencement Date:         15 February 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 14 February 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: 14/02/2017 01:00:00 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