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

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN533

Release Date: 05/07/2018 11:07
Code(s): CLN533
Wrap Text
New Financial Instrument Listing Announcement - CLN533

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN533”

Stock Code:    CLN533
ISIN Code:     ZAG000152463

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN533 Senior Unsecured Floating Rate
Credit Linked Note due 20 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)           ZAR31,034,952,054.82

Full Note details are as follows:

Issue Date:                         06 July 2018
Nominal Issued:                     ZAR10,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 2.55%, capped at 10.32%
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 June 2023
First Interest Payment Date:        20 September 2018
Interest Payment Dates:             Each     20 March,     20 June,
                                    20 September and 20 December
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365      (Fixed)     and
                                    Following Business Day
Books Close:                        From each 10 March, 10 June,
                                    10 September and 10 December
                                    of each year commencing on 10
                                    September   2018,   until   the
                                    applicable Interest Payment
                                    Date.
Last day to register:               By: 17h00 09 March, 09 June,
                                    09 September and 09 December
                                    of each year commencing on 09
                                    September 2018.
Interest Commencement Date:         Issue Date
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 Securities Depository
(“CSD”) and settlement will take place electronically in terms
of JSE Rules.
Dated 05 July 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: 05/07/2018 11:07:00 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