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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN051

Release Date: 22/09/2017 13:00
Code(s): SSN051     PDF:  
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New Financial Instrument Listing Announcement - SSN051

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN051”

Stock Code: SSN051
ISIN Code: ZAG000146952

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN051 Senior Unsecured Mixed Rate Notes
due 26 September 2020 - 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                  ZAR25,448,680,562.13
Full Note details are as follows:

Issue Date:                         26 September 2017
Nominal Issued:                     ZAR150,000,000
Coupon Rate:                        Fixed Rate Notes - From the
                                    Issue    Date     until,   but
                                    excluding, 26 September 2018:
                                    7.897%; and
                                    Floating Rate Notes - From,
                                    and including, 26 September
                                    2018 until the Maturity Date:
                                    three month ZAR-JIBAR-SAFEX
                                    plus 1.03%
Coupon Indicator:                   From the Issue Date until,
                                    but excluding, 26 September
                                    2018: Fixed; and
                                    From,   and     including,  26
                                    September    2018   until  the
                                    Maturity Date: Floating
Trade Type:                         Price
Maturity Date:                      26 September 2020
Interest Payment Dates:             In respect of:
                                    Fixed     Rate     Notes:   26
                                    September 2018; and
                                    Floating Rate Notes: each 26
                                    March, 26 June, 26 September
                                    and 26 December until the
                                    Maturity Date
Business Day Convention:            Following Business Day
Books Close:                        From:
                                    (i)     in respect of the Fixed
                                            Rate Notes: 16 September
                                            2018,      until      the
                                            applicable       Interest
                                            Payment Date; and
                                   (ii) in     respect     of    the
                                         Floating Rate Notes, as
                                         from, and including, 16
                                         December 2018: each 16
                                         March,    16    June,    16
                                         September       and      16
                                         December,     until     the
                                         applicable         Interest
                                         Payment Date
Last day to register:              By: 17h00 on:
                                   (i)  in respect of the Fixed
                                        Rate Notes: 15 September
                                        2018; and
                                   (ii) in    respect     of    the
                                        Floating    Rate     Notes:
                                        each 15 March, 15 June,
                                        15   September     and   15
                                        December of each year
                                        commencing       on      15
                                        December 2018
Interest Commencement Date:        The 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 22 September 2017
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 22/09/2017 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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