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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN561?

Release Date: 14/02/2019 10:57
Code(s): CLN561     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN561”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN561”

Stock Code:   CLN561
ISIN Code:    ZAG000157199

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN561 Senior Unsecured Floating Rate
Credit Linked Note due 11 February 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)          ZAR32,176,864,552.43

Full Note details are as follows
Issue Date:                       15 February 2019
Nominal Issued:                   ZAR15,000,000
Coupon Rate:                      Three month Jibar + 220bps,
                                  as        per    the    pricing
                                  supplement
Coupon Indicator:                 Floating
Interest Rate Determination Dates Each 11 February, 11 May, 11
                                  August and 11 November of
                                  each year, commencing on the
                                  Issue Date
Trade Type:                       Price
Issue Price:
Maturity Date:                    11 February 2026
First Interest Payment Date:      11 May 2019
Interest Payment Dates:           Each 11 February, 11 May, 11
                                  August and 11 November until
                                  the Maturity Date
Business Day Count/Convention:    Actual/365      (Fixed)     and
                                  Following Business Day
Books Close:                      From each 01 February, 01
                                  May,   01    August    and   01
                                  November    of     each    year
                                  commencing on 01 May 2019,
                                  until the applicable Interest
                                  Payment Date.
Last day to register:             By: 17h00 on 31 January, 30
                                  April, 31 July and 31 October
                                  of each year commencing on 30
                                  April 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 dematerialised in the Central Depository (“CSD”)
and settlement will take place electronically in terms of JSE
Rules.
Dated 14 February 2019
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: 14/02/2019 10:57:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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