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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN511

Release Date: 12/12/2017 14:00
Code(s): CLN511     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN511

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN511”

Stock Code:    CLN511
ISIN Code:     ZAG000148917

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN511 Senior Unsecured Floating Rate
Credit Linked Note due 14 November 2022 - 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                  ZAR27,628,951,039.62
Full Note details are as follows:
Issue Date:                         13 December 2017
Nominal Issued:                     ZAR80,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    minus   0.55%     as    per   the
                                    Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Inward listed:                      Yes
Maturity Date:                      14 November 2022
First Interest Payment Date:        14 February 2018
Interest Payment Dates:             Each 14 February, 14 May,
                                    14 August    and    14   November
                                    until the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)             and
                                    Following Business Day
Books Close:                        From    each     04     February,
                                    04 May,       04 August       and
                                    04 November     of    each   year
                                    commencing
                                    on 04 February 2018
Last day to register:               By: 17h00 on 03 February,
                                    03 May,       03 August       and
                                    03 November     of    each   year
                                    commencing                     on
                                    03 February 2018
Interest Commencement Date:         07 December 2017
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 12 December 2017
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: 12/12/2017 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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