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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - SSN047?

Release Date: 04/04/2017 17:15
Code(s): SSN047     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN047”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN047”

Stock Code: SSN047
ISIN Code: ZAG000143314

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN047 Senior Unsecured Floating Rate
Notes due 05 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                  ZAR27,137,456,401.99

Full Note details are as follows:

Issue Date:                         05 April 2017
Nominal Issued:                     ZAR100,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 190bps
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      05 April 2027
First Interest Payment Date:        05 July 2017
Interest Payment Dates:             Each 05 January, 05 April, 05
                                    July, 05 October until the
                                    Maturity Date.
Books Close:                        From each 26 March, 25 June,
                                    25 September and 26 December
                                    of each year.
Last day to register:               By 17:00 on 25 March, 24 June
                                    24 September, 25 December of
                                    each year commencing on 24
                                    June 2017.
Interest Commencement Date:         05 April 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 04 April 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: 04/04/2017 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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