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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement -CLN485

Release Date: 05/07/2017 15:00
Code(s): CLN485     PDF:  
Wrap Text
New Financial Instrument Listing Announcement -CLN485

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN485”

Stock Code:    CLN485
ISIN Code:     ZAG000145186

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN485 Senior Unsecured Fixed 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                  ZAR25,900,390,090.46
Full Note details are as follows:
Issue Date:                         06 July 2017
Nominal Issued:                     ZAR130,000,000
Coupon Rate:                        9.66% nacs as per the Pricing
                                    Supplement
Coupon Indicator:                   Fixed
Trade Type:                         Yield
Maturity Date:                      02 December 2021
First Interest Payment Date:        02 December 2017
Interest Payment Dates:             Each 02 June and 02 December
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)           and
                                    Following Business Day
Books Close:                        From each 23 May and 22
                                    November    of     each    year
                                    commencing   on   22   November
                                    2017
Last day to register:               By: 17h00 on 22 May and 21
                                    November    of     each    year
                                    commencing   on   21   November
                                    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 05 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

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