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STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN472

Release Date: 15/05/2017 13:00
Code(s): CLN472     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN472

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN472”

Stock Code:    CLN472
ISIN Code:     ZAG000144031

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN472 Senior Unsecured Floating Rate
Credit Linked Note due 19 November 2022 - 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                  ZAR26,890,521,550.46

Full Note details are as follows:
Issue Date:                         17 May 2017
Nominal Issued:                     ZAR200,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 3.08% as per the Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      19 November 2022
First Interest Payment Date:        19 August 2017
Interest Payment Dates:             Each 19 February, 19 May, 19
                                    August and 19 November until
                                    the Maturity Date
Books Close:                        From each 09 February, 09
                                    May,   09   August    and    09
                                    November    of    each    year
                                    commencing on 09 August 2017
Last day to register:               By: 17h00 on 08 February, 08
                                    May,   08   August    and   08
                                    November    of    each    year
                                    commencing on 08 August 2017
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 15 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: 15/05/2017 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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