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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN537

Release Date: 14/08/2018 17:06
Code(s): CLN537     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN537

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN537”

Stock Code:    CLN537
ISIN Code:     ZAG000153420

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN537 Senior Unsecured Floating Rate
Credit Linked Note due 25 October 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)           ZAR31,509,202,054.82
Full Note details are as follows
Issue Date:                         16 August 2018
Nominal Issued:                     ZAR313,100,000
Coupon Rate:                       (i) From the Issue Date until,
                                   but   excluding,  25   January
                                   2023:1.95%; and

                                   (ii)From   and    including,    25
                                    January    2023      until    the
                                    Maturity Date: 1.28%
                                    as per the Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      25 October 2023
First Interest Payment Date:        25 October 2018
Interest Payment Dates:             Each 25 January, 25 April,
                                    25 July and 25 October until
                                    the Maturity Date
Business Day Count/Convention:      Actual/365      (Fixed)       and
                                    Following Business Day
Books Close:                        From    each      15     January,
                                    15 April,     15      July    and
                                    15 October    of     each    year
                                    commencing                     on
                                    15 October 2018,      until   the
                                    applicable Interest Payment
                                    Date.
Last day to register:               By: 17h00 on 14 January, 14
                                    April, 14 July and 14 October
                                    of each year commencing on
                                    14 October 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 dematerialised in the Central Depository (“CSD”)
and settlement will take place electronically in terms of JSE
Rules.
Dated 14 August 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: 14/08/2018 05:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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