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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN057

Release Date: 18/12/2017 16:00
Code(s): SSN057     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN057

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN057”

Stock Code: SSN057
ISIN Code: ZAG000149097

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN057 Senior Unsecured Fixed Rate
Indexed Notes due 19 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                  ZAR27,581,351,039.62
Full Note details are as follows:

Issue Date:                         19 December 2017
Nominal Issued:                     ZAR50,000,000
Coupon Rate:                        Fixed   Rate   Notes:   5% per
                                    annum; and
                                    Indexed     Notes:     Interest
                                    Amount     determined      with
                                    reference    to    a    formula
                                    stipulated in the Applicable
                                    Pricing Supplement
Coupon Indicator:                   Fixed
Trade Type:                         Price
Maturity Date:                      19 December 2022
Interest Payment Dates:             In respect of:
                                    Fixed Rate Notes: 19 December
                                    2018, 19 December 2019, 21
                                    December 2020, 20 December
                                    2021 and the Maturity Date;
                                    and
                                    Indexed Notes: Maturity Date
Business Day Convention:            Following Business Day
Books Close:                        From 09 December 2018, 09
                                    December 2019, 11 December
                                    2020, 10 December 2021 and 09
                                    December 2022
Last day to register:               By: 17h00 on 08 December 2018,
                                    08 December 2019, 10 December
                                    2020, 09 December 2021 and 08
                                    December 2022
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 18 December 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: 18/12/2017 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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