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STANDARD BANK GROUP LIMITED - SBT101-New Financial Instrument Listing

Release Date: 28/03/2017 13:59
Code(s): SBT101     PDF:  
Wrap Text
SBT101-New Financial Instrument Listing

Standard Bank Group Limited


Stock Code: SBT101
ISIN Code: ZAG000143017


The JSE Limited has granted a listing to Standard Bank Group Limited –
SBT101 Additional Tier 1 Notes under its Domestic Medium Term Note
Programme - sponsored by The Standard Bank of South Africa Limited
(acting through its Corporate and Investment Banking Division



Bond Code                     SBT101

Nominal Issued                R1, 744,000,000.00

Issue Price                   100%

Coupon                        12.975% (3 Month JIBAR as at 27 March 2017 of
                              7.325% plus 565 bps)

Coupon Rate Indicator         Floating

Trade Type                    Price

Legal Maturity Date           Perpetual (expected maturity for system
                              purposes 31 March 2099)

Books Closed Date(s)          21 March, 20 June, 20 September, 21 December

Interest Payment Date(s)      31 March, 30 June, 30 September, 31 December

Last Day to Register          By 17:00 on 20 March, 19 June, 19 September,
                              20 December

Issue Date                    30 March 2017

Business Day Convention       Modified Following

Interest Commencement Date    30 March 2017

First Interest Payment Date   30 June 2017

Optional Redemption Date      31 March 2022

ISIN No.                      ZAG000143017
Dated 28 March 2017

For further information contact:
Standard Bank
Alexi Contogiannis
Email: alexi.contogiannis@standardbank.co.za
Debt Sponsor: Standard Bank

Date: 28/03/2017 01:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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