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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN464?

Release Date: 10/03/2017 14:37
Code(s): CLN464     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN464”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN464”

Stock Code:    CLN464
ISIN Code:     ZAG000142670

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN464 Senior Unsecured Fixed Rate Credit
Linked Note due 13 March 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                  ZAR26,468,456,401.99

Full Note details are as follows:
Issue Date:                         13 March 2017
Nominal Issued:                     ZAR250,000,000
Coupon Rate:                        10.046%    nacs  as per  the
                                    Pricing Supplement
Coupon Indicator:                   Fixed
Trade Type:                         Yield
Maturity Date:                      13 March 2022
First Interest Payment Date:        13 September 2017
Interest Payment Dates:             Each    13    March and   13
                                    September until the Maturity
                                    Date
Books Close:                        From each 03 March and 03
                                    September
Last day to register:               By: 17h00 on each 02 March
                                    and 02 September
Interest Commencement Date:         13 March 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 10 March 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: 10/03/2017 02:37:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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