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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN496

Release Date: 01/09/2017 12:05
Code(s): CLN496     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN496

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN496”

Stock Code:    CLN496
ISIN Code:     ZAG000146515

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN496 Senior Unsecured Fixed Rate Credit
Linked Note due 04 September 2024 - 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                  ZAR26,285,590,562.13
Full Note details are as follows:
Issue Date:                         04 September 2017
Nominal Issued:                     ZAR200,000,000
Coupon Rate:                        10.07% nacs
Coupon Indicator:                   Fixed
Trade Type:                         [check JSE’s Market Notice]
Maturity Date:                      04 September 2024
First Interest Payment Date:        04 March 2018
Interest Payment Dates:             Each    04    March    and    04
                                    September until the Maturity
                                    Date
Business Day Count/Convention:      Actual/365(Fixed)            and
                                    Following Business Day
Books Close:                        From   22   February    and   25
                                    August     of     each      year
                                    commencing   on   22    February
                                    2018
Last day to register:               By: 17h00 on 21 February and
                                    24   August    of   each    year
                                    commencing   on   21    February
                                    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 01 September 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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