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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN083

Release Date: 02/11/2018 10:52
Code(s): SSN083     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN083

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN083”

Stock Code: SSN083
ISIN Code: ZAG000155110

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN083 Senior Unsecured Floating Rate
Notes due 05 November 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)           ZAR30,884,418,474.66

Full Note details are as follows:

Issue Date:                         05 November 2018
Nominal Issued:                     ZAR300,000,000.00
Coupon Rate:                        3m Jibar + 190bps, capped at
                                    10.00%
Coupon Indicator:                   Floating
Interest Determination Dates:       Each 05 February, 05 May,
                                    05 August   and   05    November
                                    until the Maturity Date.
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      05 November 2023
First Interest Payment Date:        05 February 2019
Interest Payment Dates:             Each 05 February, 05 May,
                                    05 August   and   05    November
                                    until the Maturity Date.
Business Day Count/Convention:      Actual/365      (Fixed)      and
                                    Following Business Day
Books Close:                        From    each     27     January,
                                    26 April,    27     July     and
                                    27 October
Last day to register:               By: 17:00    on 26      January,
                                    25 April,    26     July     and
                                    26 October
Interest Commencement Date:         05 November 2018
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 dematerialised in the Central Depository (“CSD”)
and settlement will take place electronically in terms of JSE
Rules.
Dated 02 November 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: 02/11/2018 10:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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