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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN058?

Release Date: 18/01/2018 12:30
Code(s): SSN058     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN058”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN058”

Stock Code:    SSN058
ISIN Code:     ZAG000149337

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN058 Senior Unsecured Floating Rate
Note due 19 January 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                 ZAR29,217,351,039.62
Full Note details are as follows
Issue Date:                        19 January 2018
Nominal Issued:                    ZAR125,000,000
Coupon Rate:                       three   month ZAR-JIBAR-SAFEX
                                   plus 141bps as per the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Trade Type:                        Price
Maturity Date:                     19 January 2023
First Interest Payment Date:       19 April 2018
Interest Payment Dates:            Each 19 January, 19 April, 19
                                   July and 19 October until the
                                   Maturity Date, with the first
                                   Interest Payment Date being
                                   19 April 2018
Business Day Count/Convention:     Actual/365(Fixed)           and
                                   Following Business Day
Books Close:                       From      each      09 January,
                                   09 April,       09 July     and
                                   09 October     commencing    on
                                   09 April 2018
Last day to register:              By:   17h00    on   08 January,
                                   08 April,       08 July     and
                                   08 October    of    each   year
                                   commencing on 08 April 2018
Interest Commencement Date:        Issue Date
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 18 January 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: 18/01/2018 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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