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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN480

Release Date: 30/06/2017 14:00
Code(s): CLN480     PDF:  
Wrap Text
New Financial Instrument Listing Announcement -  CLN480

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN480”

Stock Code:    CLN480
ISIN Code:     ZAG000144965

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN480 Senior Unsecured Floating Rate
Credit Linked Note due 01 July 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                  ZAR26,211,090,090.46
Full Note details are as follows:
Issue Date:                         03 July 2017
Nominal Issued:                     ZAR12,937,540
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 6.6% as per the Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      01 July 2022
First Interest Payment Date:        01 October 2017
Interest Payment Dates:             Each 01 January, 01 April, 01
                                    July and 01 October until the
                                    Maturity Date
Books Close:                        From each 22 December, 22
                                    March,    21   June   and   21
                                    September    of    each   year
                                    commencing on 21 September
                                    2017
Last day to register:               By: 17h00 on 21 December, 21
                                    March,    20   June   and   20
                                    September    of    each   year
                                    commencing on 20 September
                                    2017
Interest Commencement Date:         29 June 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 30 June 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: 30/06/2017 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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