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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN514

Release Date: 22/02/2018 12:30
Code(s): CLN514     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN514

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN514”

Stock Code:    CLN514
ISIN Code:     ZAG000149840

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN514 Senior Unsecured Floating Rate
Credit Linked Note due 23 February 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                  ZAR28,788,457,373.90
Full Note details are as follows:
Issue Date:                         23 February 2018
Nominal Issued:                     ZAR50,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 3% as per the Pricing
                                    Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Inward listed:                      Yes
Maturity Date:                      23 February 2019
First Interest Payment Date:        23 May 2018
Interest Payment Dates:             Each 23 February, 23 May,
                                    23 August    and   23   November
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)            and
                                    Following Business Day
Books Close:                        From    each     13    February,
                                    13 May,     13     August    and
                                    13 November    of    each   year
                                    commencing on 13 May 2018
Last day to register:               By: 17h00 on 12 February,
                                    12 May,     12     August    and
                                    12 November    of    each   year
                                    commencing on 12 May 2018
Interest Commencement Date:         Issue Date
Placement Agent:                    The Standard Bank of South
                                    Africa Limited


Dated 22 February 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

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