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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN494

Release Date: 18/08/2017 13:00
Code(s): CLN494     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN494

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN494”

Stock Code:    CLN494
ISIN Code:     ZAG000146242

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN494 Senior Unsecured Fixed Rate Credit
Linked Note due 07 June 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                  ZAR26,019,690,562.13

Full Note details are as follows:
Issue Date:                         22 August 2017
Nominal Issued:                     ZAR5,000,000
Coupon Rate:                        11.90% nacs
Coupon Indicator:                   Fixed
Trade Type:                         Price
Maturity Date:                      07 June 2022
First Interest Payment Date:        07 December 2017
Interest Payment Dates:             Each 07 June and 07 December
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)           and
                                    Following Business Day
Books Close:                        From each 28 May and 27
                                    November    of     each    year
                                    commencing   on   27   November
                                    2017
Last day to register:               By: 17h00 on 27 May and 26
                                    November    of     each    year
                                    commencing   on   26   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 18 August 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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