To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN518

Release Date: 28/02/2018 14:10
Code(s): CLN518     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN518

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN518”

Stock Code:    CLN518
ISIN Code:     ZAG000149881

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN518 Senior Unsecured Floating Rate
Credit Linked Note due 25 November 2024 - 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                  ZAR29,193,457,373.90
Full Note details are as follows:
Issue Date:                         01 March 2018
Nominal Issued:                     ZAR120,000,000
Coupon Rate:                        In respect of each Interest
                                    Period from, and including:
                                    (i)   the Issue Date until,
                                          but              excluding,
                                          25 November 2022: three
                                          month       ZAR-JIBAR-SAFEX
                                          plus 2.55%; and
                                    (ii) 25 November 2022 until,
                                          but      excluding,     the
                                          Scheduled Maturity Date:
                                          three month ZAR-JIBAR-
                                          SAFEX plus 2.00%.
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      25 November 2024
First Interest Payment Date:        25 May 2018
Interest Payment Dates:             Each 25 February, 25 May,
                                    25 August     and   25   November
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)             and
                                    Following Business Day
Books Close:                        From     each     15    February,
                                    15 May,        15 August      and
                                    15 November      of   each   year
                                    commencing on 15 May 2018
Last day to register:               By: 17h00 on 14 February,
                                    14 May,        14 August      and
                                    14 November      of   each   year
                                    commencing on 14 May 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 28 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

Date: 28/02/2018 02:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story