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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement -CLN546

Release Date: 04/12/2018 11:15
Code(s): CLN546     PDF:  
Wrap Text
New Financial Instrument Listing Announcement -CLN546

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN546”

Stock Code:    CLN546
ISIN Code:     ZAG000155896

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN546 Senior Unsecured Fixed Rate Credit
Linked Note due 21 August 2026 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)           ZAR31,612,057,674.66
Full Note details are as follows
Issue Date:                        05 December 2018
Nominal Issued:                    ZAR50,000,000
Coupon Rate:                       10.02%   nacs     as    per   the
                                   Pricing Supplement
Coupon Indicator:                  Fixed
Interest Rate Determination Dates: Each       21 February        and
                                   21 August    of     each    year,
                                   commencing on the Issue Date
                                   until the Maturity Date
Trade Type:                        Yield
Issue Price:                       100%
Maturity Date:                     21 August 2026
First Interest Payment Date:       21 February 2019
Interest Payment Dates:            Each       21 February        and
                                   21 August until the Maturity
                                   Date
Business Day Count/Convention:     Actual/365       (Fixed)      and
                                   Following Business Day
Books Close:                       From each 11 February and
                                   11 August     of     each    year
                                   commencing                     on
                                   11 February 2019, until the
                                   applicable Interest Payment
                                   Date.
Last day to register:              By: 17h00 on 10 February and
                                   10   August    of     each   year
                                   commencing                     on
                                   10 February 2019.
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 04 December 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: 04/12/2018 11:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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