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THE STANDARD BANK OF SOUTH AFRICA LIMITED - Tap Issue Announcement

Release Date: 19/11/2019 10:30
Code(s): SSN079     PDF:  
Wrap Text
Tap Issue Announcement

The Standard Bank of South Africa Limited
Tap Issue Announcement - “SSN079”

Stock Code: SSN079
ISIN Code: ZAG000153016

The JSE Limited has granted to The Standard Bank of South
Africa Limited a tap issuance of SSN079 Senior Unsecured
Floating Notes due 31 July 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
(including current issue)           ZAR40,870,954,742.13.

Full Note details are as follows:

Tap Issue Date:                     20 November 2019
Tap Amount:                         ZAR43,671,000
Aggregate Nominal Issued
(under Series No. 495):             ZAR99,773,912
Coupon Rate:                        3m   Jibar   +   90bps,   paid
                                    quarterly
Coupon Indicator:                   Floating basis
Trade Type:                         Yield
Maturity Date:                      31 July 2021
First Interest Payment Date:        31 January 2020
Interest Payment Dates:             Each 31 January, 30 April, 31
                                    July and 31 October until the
                                    Maturity Date
Business Day Convention:            Following Business Day
Books Close:                        From each     20  January, 19
                                    April, 20 July and 20 October
                                    of each year commencing on 20
                                    January 2020
Last day to register:               By: 17h00 on 19 January, 18
                                    April, 19 July and 19 October
                                    of each year commencing on 19
                                    January 2020
Interest Commencement Date:         31 October 2019
Placement Agent:                    The Standard Bank of South
                                    Africa Limited

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 November 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: 19/11/2019 10:30:00
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