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STANDARD BANK OF SA LTD - Tap Issue Announcement - CLN462?

Release Date: 24/02/2017 15:50
Code(s): CLN462     PDF:  
Wrap Text
Tap Issue Announcement - “CLN462”

The Standard Bank of South Africa Limited
Tap Issue Announcement - “CLN462”

Stock Code:    CLN462
ISIN Code:     ZAG000142233

The JSE Limited has granted a tap issue to The Standard Bank of
South Africa Limited – CLN462 Senior Unsecured Fixed Rate Credit
Linked Note due 16 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                  ZAR26,653,456,401.99

Full Note details are as follows:
Tap Issue Date:                     27 February 2017
Tap Amount:                         ZAR10,000,000
Total Nominal Issued:               ZAR35,000,000
Coupon Rate:                        11.05%    nacs   as  per   the
                                    Pricing Supplement
Coupon Indicator:                   Fixed
Trade Type:                         Price
Maturity Date:                      16 February 2022
First Interest Payment Date:        16 August 2017
Interest Payment Dates:             Each   16   February  and   16
                                    August   until   the  Maturity
                                    Date
Books Close:                        From each 06 February and 06
                                    August
Last day to register:               By: 17h00 on each 05 February
                                    and 05 August
Interest Commencement Date:         16 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 24 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: 24/02/2017 03:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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