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

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN573?

Release Date: 20/03/2019 11:25
Code(s): CLN573     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN573”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN573”

Stock Code:    CLN573
ISIN Code:     ZAG000158007

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN573 Senior Unsecured Floating Rate
Credit Linked Note due 13 May 2021 - 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                  ZAR34,535,590,464.43
(including current issue)

Full Note details are as follows:
Issue Date:                         22 March 2019
Nominal Issued:                     ZAR938,000,000
Coupon Rate:                        In respect of each Interest
                                    Period up to, and including,
                                    the Interest Period ending
                                    on,       but        excluding,
                                    13 May 2020:     Three     Month
                                    JIBAR plus 2.40%
                                    In respect of each Interest
                                    Period from, and including,
                                    the       Interest        Period
                                    commencing on 13 May 2020:
                                    Three Month JIBAR plus 2.82%
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      13 May 2021
First Interest Payment Date:        13 May 2019
Interest Payment Dates:             Each 13 February, 13 May,
                                    13 August and 13 November of
                                    each year until the Maturity
                                    Date
Business Day Count/Convention:      Actual/365(Fixed)            and
                                    Following Business Day
Books Close:                        From    each    03     February,
                                    03 May,     03    August     and
                                    03 November, of each year,
                                    until the applicable Interest
                                    Payment Date
Last day to register:               By: 17h00 on 02 February,
                                    02 May,     02    August     and
                                    02 November of each year
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 22 March 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: 20/03/2019 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