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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement

Release Date: 17/03/2017 15:20
Code(s): CLN466     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN466”

Stock Code:    CLN466
ISIN Code:     ZAG000143009

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN466 Senior Unsecured Floating Rate
Credit Linked Note due 21 February 2024 - 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                  ZAR26,968,456,401.99

Full Note details are as follows:
Issue Date:                         24 March 2017
Nominal Issued:                     ZAR200,000,000
Coupon Rate:                        three   month   ZAR-JIBAR-SAFEX
                                    plus 2.45% as per the Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      21 February 2024
First Interest Payment Date:        21 May 2017
Interest Payment Dates:             Each 21 February, 21 May, 21
                                    August, and 21 November until
                                    the Maturity Date
Books Close:                        From each 11 February, 11
                                    May,   11    August,   and   11
                                    November
Last day to register:               By:    17h00    on   each    10
                                    February, 10 May, 10 August,
                                    and 10 November
Interest Commencement Date:         21 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 17 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: 17/03/2017 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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