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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN498

Release Date: 19/09/2017 13:00
Code(s): CLN498     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN498

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN498”

Stock Code:    CLN498
ISIN Code:     ZAG000146812

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN498 Senior Unsecured Floating Rate
Credit Linked Note due 08 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                  ZAR25,418,333,562.13

Full Note details are as follows:
Issue Date:                         20 September 2017
Nominal Issued:                     ZAR100,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus   2.905%    as   per   the
                                    Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      08 June 2022
First Interest Payment Date:        08 December 2017
Interest Payment Dates:             Each 08 March, 08 June, 08
                                    September   and   08   December
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)           and
                                    Following Business Day
Books Close:                        From each 26 February, 29
                                    May,   29    August    and   28
                                    November    of     each    year
                                    commencing   on   28   November
                                    2017
Last day to register:               By: 17h00 on 25 February, 28
                                    May,   28    August    and   27
                                    November    of     each    year
                                    commencing   on   27   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 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: 19/09/2017 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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