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

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN074

Release Date: 14/06/2018 15:14
Code(s): SSN074     PDF:  
Wrap Text
New Financial Instrument Listing Announcement -  SSN074

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN074”

Stock Code: SSN074
ISIN Code: ZAG000152083

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN074 Senior Unsecured Floating Rate
Notes due 15 June 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
(including current issue)           ZAR30,569,581,854.82.

Full Note details are as follows:

Issue Date:                         15 June 2018
Nominal Issued:                     ZAR100,000,000.00
Coupon Rate:                        3m Jibar + 180bps, capped at
                                    10.19%
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      15 June 2023
First Interest Payment Date:        15 September 2018
Interest Payment Dates:             Each 15 March, 15 June, 15
                                    September   and   15    December
                                    until the Maturity Date.
Business Day Count/Convention:      Actual/365      (Fixed)      and
                                    Following Business Day
Books Close:                        From each 05 March, 05 June,
                                    05 September and 05 December.
Last day to register:               By: 17:00 on each 04 March,
                                    04 June, 04 September and 04
                                    December.
Interest Commencement Date:         15 June 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 14 June 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: 14/06/2018 03:14:00 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