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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN503

Release Date: 19/10/2017 14:00
Code(s): CLN503     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN503

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN503”

Stock Code:    CLN503
ISIN Code:     ZAG000147679

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN503 Senior Unsecured Floating Rate
Credit Linked Note due 20 December 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                  ZAR25,636,680,562.13
Full Note details are as follows:
Issue Date:                         20 October 2017
Nominal Issued:                     ZAR8,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 3.37% as per the Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Inward listed:                      Yes
Maturity Date:                      20 December 2022
First Interest Payment Date:        20 December 2017
Interest Payment Dates:             Each   20   March,   20   June,
                                    20 September and 20 December
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)           and
                                    Following Business Day
Books Close:                        From each 10 March, 10 June,
                                    10 September and 10 December
                                    of each year commencing on
                                    10 December 2017
Last day to register:               By:   17h00    on   09   March,
                                    09 June,   09   September   and
                                    09 December    of   each   year
                                    commencing                   on
                                    09 December 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 19 October 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: 19/10/2017 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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