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

Release Date: 03/10/2018 13:31
Code(s): CLN543     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN543”

Stock Code:    CLN543
ISIN Code:     ZAG000154576

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN543 Senior Unsecured Floating Rate
Credit Linked Note due 07 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)          ZAR31,662,518,474.66
Full Note details are as follows
Issue Date:                        04 October 2018
Nominal Issued:                    ZAR11,000,000
Coupon Rate:                       As per formula contained in
                                   the     Applicable        Pricing
                                   Supplement
Coupon Indicator:                  Floating
Interest Determination Dates:      Not Applicable
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     07 June 2023
First Interest Payment Date:       07 December 2018
Interest Payment Dates:            Each 07 June and 07 December
                                   until the Maturity Date
Business Day Count/Convention:     Actual/365     and     Following
                                   Business Day
Books Close:                       From each 08 May and 08
                                   November each year commencing
                                   on 08 November 2018, until
                                   the    applicable       Interest
                                   Payment Date.
Last day to register:              By: 17h00 on 07 May and 07
                                   November    of      each     year
                                   commencing   on    07    November
                                   2018.
Interest Commencement Date:        Issue Date
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

Debt Security subject
to guarantee; security
or credit enhancement:             Not Applicable
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 October 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: 03/10/2018 01:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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