Wrap Text
New Financial Instrument Listing Announcement - CLN524
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN524”
Stock Code: CLN524
ISIN Code: ZAG000150798
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN524 Senior Unsecured Mixed Rate Credit
Linked Note due 09 March 2023 - 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 ZAR28,430,806,854.82
Full Note details are as follows
Issue Date: 19 April 2018
Nominal Issued: ZAR36,600,000
Coupon Rate: Fixed Rate: from the Issue
Date until, but excluding, 09
September 2022: 9.20% nacs;
and
Floating Rate: from, and
including, 09 September 2022
until, but excluding, the
Maturity Date: three month
ZAR-JIBAR-SAFEX plus 1.39%
Coupon Indicator: From the Issue Date until,
but excluding, 09 September
2022: Fixed; and
From, and including, 09
September 2022 until, but
excluding the Maturity Date:
Floating
Trade Type: Price
Maturity Date: 09 March 2023
First Interest Payment Date: 09 September 2018
Interest Payment Dates: In respect of:
Fixed Rate Notes: Each 09
March and 09 September until,
and including, 09 September
2022
Floating Rate Notes: 09
December 2022 and 09 March
2023
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From:
(i) in respect of the Fixed
Rate Notes, each of the
following dates
occurring during the
period from, and
including, the Issue
Date until, but
excluding, 09 September
2022:
(a) in respect of each
year that is not a
leap year: each 27
February and 30
August; and
(b) in respect of each
year that is a leap
year: each 28
February and 30
August,
with the first such
books closed period
being from 30 August
2018
(ii) in respect of the
Floating Rate Notes: 29
November 2022 and 27
February 2023.
Last day to register: By: 17h00 on:
(i) in respect of the Fixed
Rate Notes, each of the
following dates
occurring during the
period from, and
including, the Issue
Date until, but
excluding, 09 September
2022:
(a) in respect of each
year that is not a
leap year: each 26
February and 29
August; and
(b) in respect of each
year that is a leap
year: each 27
February and 29
August,
with the first such Last
Day to Register being 30
August 2018
(ii) in respect of the
Floating Rate Notes: 28
November 2022 and 26
February 2023
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 April 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: 18/04/2018 12:51:00 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.
Sharenet Sites 
