To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN547

Release Date: 04/12/2018 11:25
Code(s): CLN547     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN547

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN547”

Stock Code:    CLN547
ISIN Code:     ZAG000155904

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN547 Senior Unsecured Fixed Rate Credit
Linked Note due 29 March 2025 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)           ZAR31,662,057,674.66.
Full Note details are as follows
Issue Date:                        05 December 2018
Nominal Issued:                    ZAR18,611,000
Coupon Rate:                       10.07%   nacs     as    per  the
                                   Pricing Supplement
Coupon Indicator:                  Fixed
Interest Rate Determination Dates: Each     29        March     and
                                   29 September of each year,
                                   commencing on the Issue Date
                                   until the Maturity Date
Trade Type:                        Yield
Issue Price:                       100%
Maturity Date:                     29 March 2025
First Interest Payment Date:       29 March 2019
Interest Payment Dates:            Each     29        March     and
                                   29 September       until     the
                                   Maturity Date
Business Day Count/Convention:     Actual/365      (Fixed)      and
                                   Following Business Day
Books Close:                       From   each    19    March   and
                                   19 September    of    each  year
                                   commencing on 19 March 2019,
                                   until the applicable Interest
                                   Payment Date.
Last day to register:              By: 17h00 on 18 March and
                                   18 September    of    each  year
                                   commencing on 18 March 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 11:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story