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

Release Date: 15/08/2018 15:00
Code(s): CLN538     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN538”

Stock Code:    CLN538
ISIN Code:     ZAG000153453

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN538 Senior Unsecured Floating Rate
Credit Linked Note due 16 August 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)          ZAR31,822,302,054.82
Full Note details are as follows
Issue Date:                        16 August 2018
Nominal Issued:                    ZAR50,000,000
Coupon Rate:                       three month ZAR-JIBAR-SAFEX
                                   plus 2.50% as per the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Trade Type:                        Price
Maturity Date:                     16 August 2023
First Interest Payment Date:       16 November 2018
Interest Payment Dates:            Each 16 February, 16 May,
                                   16 August   and   16    November
                                   until the Maturity Date
Business Day Count/Convention:     Actual/365      (Fixed)      and
                                   Following Business Day
Books Close:                       From each 06 February, 06
                                   May,    06 August     and     06
                                   November    of     each     year
                                   commencing         on         06
                                   November 2018,     until     the
                                   applicable Interest Payment
                                   Date.
Last day to register:              By: 17h00 on 05 February, 05
                                   May,    05 August     and     05
                                   November    of     each     year
                                   commencing                    on
                                   05 November 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 15 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: 15/08/2018 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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