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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN470

Release Date: 03/05/2017 12:00
Code(s): CLN470     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN470

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN470”

Stock Code:    CLN470
ISIN Code:     ZAG000143652

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN470 Senior Unsecured Floating Rate
Credit Linked Note due 07 May 2018 - 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                  ZAR27,069,741,550.46

Full Note details are as follows:
Issue Date:                         05 May 2017
Nominal Issued:                     ZAR9,000,000
Coupon Rate:                        three   month  ZAR-JIBAR-SAFEX
                                    plus 1.3% as per the Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      07 May 2018
First Interest Payment Date:        07 August 2017
Interest Payment Dates:             Each 07 February, 07 May, 07
                                    August and 07 November until
                                    the Maturity Date
Books Close:                        From   each 28    January,  27
                                    April, 28 July and 28 October
Last day to register:               By: 17h00 on 27 January, 26
                                    April, 27 July and 27 October
Interest Commencement Date:         Issue Date
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 02 May 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: 03/05/2017 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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