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

Release Date: 09/11/2017 14:00
Code(s): CLN508     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN508”

Stock Code:    CLN508
ISIN Code:     ZAG000148172

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN508 Senior Unsecured Floating Rate
Credit Linked Note due 24 February 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                  ZAR27,854,351,039.62
Full Note details are as follows:
Issue Date:                         10 November 2017
Nominal Issued:                     ZAR97,600,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 3% as per the Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      24 February 2020
First Interest Payment Date:        24 February 2018
Interest Payment Dates:             Each 24 February, 24 May,
                                    24 August    and    24  November
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)            and
                                    Following Business Day
Books Close:                        From    each     14    February,
                                    14 May,    14      August    and
                                    14 November,     commencing   on
                                    14 February 2018
Last day to register:               By: 17h00 on 13 February,
                                    13 May,    13      August    and
                                    13 November,     commencing   on
                                    13 February 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 09 November 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: 09/11/2017 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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