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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN512

Release Date: 31/01/2018 13:50
Code(s): CLN512     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN512

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN512”

Stock Code:    CLN512
ISIN Code:     ZAG000149477

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN512 Senior Unsecured Floating Rate
Credit Linked Note due 07 June 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                 ZAR29,197,351,039.62
Full Note details are as follows
Issue Date:                        01 February 2018
Nominal Issued:                    ZAR20,000,000
Coupon Rate:                       three month ZAR-JIBAR-SAFEX
                                   plus 4.5% as per the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Trade Type:                        Price
Maturity Date:                     07 June 2022
First Interest Payment Date:       07 March 2018
Interest Payment Dates:            Each     07 March,    07 June,
                                   07 September and 07 December
                                   until the Maturity Date
Business Day Count/Convention:     Actual/365(Fixed)           and
                                   Following Business Day
Books Close:                       From each 25 February (or
                                   during     a     leap     year,
                                   26 February),      28      May,
                                   28 August and 27 November of
                                   each   year    commencing    on
                                   25 February 2018
Last day to register:              By: 17h00 on 24 February (or
                                   during     a     leap     year,
                                   25 February),      27      May,
                                   27 August and 26 November of
                                   each   year    commencing    on
                                   24 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 31 January 2018
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: 31/01/2018 01:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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