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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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