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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN079

Release Date: 26/07/2018 16:00
Code(s): SSN079     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN079

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN079”

Stock Code: SSN079
ISIN Code: ZAG000153016

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN079 Senior Unsecured Floating Rate
Notes due 31 July 2021 - 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)           ZAR31,159,952,054.82.

Full Note details are as follows:

Issue Date:                         27 July 2018
Nominal Issued:                     ZAR14,250,000.00
Coupon Rate:                        3m Jibar + 90bps
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      31 July 2021
First Interest Payment Date:        31 October 2018
Interest Payment Dates:             Each 31 January, 30 April,
                                    31 July and 31 October until
                                    the Maturity Date.
Books Close:                        From    each     20    January,
                                    19 April,    20     July    and
                                    20 October   of     each   year
                                    commencing                   on
                                    20 October 2018,    until   the
                                    applicable Interest Payment
                                    Date.
Business Day Count/Convention:      Actual/365     (Fixed)      and
                                    Following Business Day
Last day to register:               By: 17:00 on each 19 January,
                                    18 April,      19 July      and
                                    19 October   of     each   year
                                    commencing                   on
                                    19 October 2018.
Interest Commencement Date:         27 July 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   dematerialised  in  the   Central  Securities
Depository (“CSD”) and settlement will take place electronically
in terms of JSE Rules.
Dated 26 July 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: 26/07/2018 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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