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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN602?

Release Date: 19/07/2019 09:50
Code(s): CLN602     PDF:  
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New Financial Instrument Listing Announcement - “CLN602”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN602”

Stock Code: CLN602
ISIN Code: ZAG000161134

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN602 Senior Unsecured Floating Rate
Credit Linked Notes due 04 June 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)           ZAR38,920,708,202.43
Full Note details are as follows:

Issue Date:                        22 July 2019
Nominal Issued:                    ZAR45,000,000
Coupon Rate:                       Three-month ZAR-JIBAR-SAFEX
                                   plus    1.80%,      per    the
                                   Applicable             Pricing
                                   Supplement
Coupon Indicator:                  Floating
Interest Rate Determination Dates: Each 04 March, 04 June,
                                   04 September and 04 December
                                   of each year commencing on
                                   the Interest Commencement
                                   Date until the Maturity Date
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     04 June 2023
Interest Commencement Date:        Issue Date
First Interest Payment Date:       04 September 2019
Interest Payment Dates:            Each 04 March, 04 June,
                                   04 September and 04 December
                                   of each year until the
                                   Maturity Date
Business Day Count/Convention:     Actual/365     (Fixed)     and
                                   Following Business Day
Books Close:                       Each 28 February, 30 May,
                                   30 August and 29 November of
                                   each    year,     until    the
                                   applicable Interest Payment
                                   Date
Last day to register:              17h00    on    27    February,
                                   29 May,     29   August    and
                                   28 November of each year, or
                                   if such day is not a Business
                                   Day, the Business Day before
                                   each books closed period
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 19 July 2019
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: 19/07/2019 09:50:00
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