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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN506

Release Date: 30/10/2017 14:00
Code(s): CLN506     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN506

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN506”

Stock Code:    CLN506
ISIN Code:     ZAG000147836

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN506 Senior Unsecured Floating Rate
Credit Linked Note due 30 April 2019 - 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                 ZAR27,526,880,562.13
Full Note details are as follows
Issue Date:                        31 October 2017
Nominal Issued:                    ZAR87,000,000
Coupon Rate:                       three month ZAR-JIBAR-SAFEX
                                   plus 1.5% as per the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Trade Type:                        Price
Maturity Date:                     30 April 2019
First Interest Payment Date:       30 January 2018
Interest Payment Dates:            Each 30 January, 30 April,
                                   30 July and 30 October until
                                   the Maturity Date
Business Day Count/Convention:     Actual/365(Fixed)           and
                                   Following Business Day
Books Close:                       From    each     20    January,
                                   20 April,    20     July    and
                                   20 October    of    each   year
                                   commencing on 20 January 2018
Last day to register:              By:   17h00 on 19 January,
                                   19 April,    19     July    and
                                   19 October    of    each   year
                                   commencing on 19 January 2018
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 30 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: 30/10/2017 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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