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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN070

Release Date: 25/05/2018 17:32
Code(s): SSN070     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN070

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN070”

Stock Code: SSN070
ISIN Code: ZAG000151614

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN070 Senior Unsecured Floating Rate
Notes due 28 February 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
(including current issue)           ZAR29,508,581,854.82.

Full Note details are as follows:

Issue Date:                         28 May 2018
Nominal Issued:                     ZAR300,000,000.00
Coupon Rate:                        3m Jibar + 155bps, capped at
                                    9.05%
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      28 February 2022
First Interest Payment Date:        28 August 2018
Interest Payment Dates:             Each 28 August, 28 November,
                                    28 February and 28 May until
                                    the Maturity Date.
Books Close:                        From   each   18   August, 18
                                    November, 18 February and 18
                                    May.
Last day to register:               By: 17:00 on each 17 August,
                                    17 November, 17 February and
                                    17 May.
Interest Commencement Date:         28 May 2018
Placement Agent:                    The Standard Bank of South
                                    Africa Limited


Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 25 May 2018
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: 25/05/2018 05:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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