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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN488

Release Date: 26/07/2017 13:00
Code(s): CLN488     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN488

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN488”

Stock Code:    CLN488
ISIN Code:     ZAG000145657

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN488 Senior Unsecured Fixed Rate Credit
Linked Note due 28 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                  ZAR26,520,594,090.46
Full Note details are as follows:
Issue Date:                         28 July 2017
Nominal Issued:                     ZAR99,000,000
Coupon Rate:                        9.15% nacs as per the Pricing
                                    Supplement
Coupon Indicator:                   Fixed
Trade Type:                         Yield
Maturity Date:                      28 July 2022
First Interest Payment Date:        28 January 2018
Interest Payment Dates:             Each 28 January and 28 July
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)          and
                                    Following Business Day
Books Close:                        From each 18 January and 18
                                    July of each year commencing
                                    on 18 January 2018
Last day to register:               By: 17h00 on 17 January and
                                    17    July   of    each   year
                                    commencing on 17 January 2018
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 26 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: 26/07/2017 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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