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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN497

Release Date: 01/09/2017 12:22
Code(s): CLN497     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN497

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN497”

Stock Code:    CLN497
ISIN Code:     ZAG000146523

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN497 Senior Unsecured Floating 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:                     ZAR70,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus   2.5175%   as   per   the
                                    Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         [check JSE’s Market Notice]
Maturity Date:                      04 September 2024
First Interest Payment Date:        04 December 2017
Interest Payment Dates:             Each 04 March, 04 June, 04
                                    September   and   04   December
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)           and
                                    Following Business Day
Books Close:                        From each 22 February, 25
                                    May,   25    August    and   24
                                    November    of     each    year
                                    commencing   on   24   November
                                    2017
Last day to register:               By: 17h00 on 21 February, 24
                                    May,   24    August    and   23
                                    November    of     each    year
                                    commencing   on   23   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 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

Date: 01/09/2017 12:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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