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

Release Date: 04/07/2017 16:00
Code(s): CLN484     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN484”

Stock Code:    CLN484
ISIN Code:     ZAG000145152

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN484 Senior Unsecured Floating Rate
Credit Linked Note due 02 December 2021 - 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                  ZAR25,770,390,090.46
Full Note details are as follows:
Issue Date:                         06 July 2017
Nominal Issued:                     ZAR200,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 2.2% as per the Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      02 December 2021
First Interest Payment Date:        02 September 2017
Interest Payment Dates:             Each 02 March, 02 June, 02
                                    September   and   02   December
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)           and
                                    Following Business Day
Books Close:                        From each 20 February, 23
                                    May,   23    August    and   22
                                    November    of     each    year
                                    commencing on 23 August 2017
Last day to register:               By: 17h00 on 19 February, 22
                                    May,   22    August    and   21
                                    November    of     each    year
                                    commencing on 22 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 04 July 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: 04/07/2017 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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