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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement

Release Date: 29/03/2017 16:45
Code(s): SSN046
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN046”

Stock Code: SSN046
ISIN Code: ZAG000143132

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN046 Senior Unsecured Floating Rate
Notes due 30 April 2027 - 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                  ZAR27,037,456,401.99
Full Note details are as follows:

Issue Date:                         30 March 2017
Nominal Issued:                     ZAR395,000,000
Coupon Rate:                        three   month  ZAR-JIBAR-SAFEX
                                    plus 1.95% plus a spread as
                                    determined in accordance with
                                    the     Applicable      Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      30 April 2027
First Interest Payment Date:        30 April 2017
Interest Payment Dates:             Each 31 January, 30 April, 31
                                    July and 31 October until the
                                    Maturity Date.
Books Close:                        From   each 20    January,   20
                                    April, 20 July and 20 October
                                    of each year.
Last day to register:               By: 17h00 on each 19 January,
                                    19 April, 19 July and 19
                                    October of each year.
Interest Commencement Date:         30 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 29 March 2017
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 29/03/2017 04:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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