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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN539

Release Date: 03/09/2018 11:11
Code(s): CLN539     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN539

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN539”

Stock Code:    CLN539
ISIN Code:     ZAG000153941

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN539 Senior Unsecured Floating Rate
Credit Linked Note due 20 December 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)          ZAR31,576,197,524.66
Full Note details are as follows
Issue Date:                        04 September 2018
Nominal Issued:                    ZAR50,000,000
Coupon Rate:                       three-month    ZAR-JIBAR-SAFEX
                                   plus 5% as per the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Trade Type:                        Yield
Maturity Date:                     20 December 2023
First Interest Payment Date:       20 December 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 December 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 December 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 Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 03 September 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: 03/09/2018 11:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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