| Wed 14 Mar 2012, 11:45 | | SBK16 - The Standard Bank of South Africa Limited - New Financial Instrument |
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SBK16 - The Standard Bank of South Africa Limited - New Financial Instrument
Listing Announcement
THE STANDARD BANK OF SOUTH AFRICA LIMITED - "SBK16"
Authorised Programme size R60,000,000,000.00
Total notes in issue R45,845,757,607
Dated: 14 March 2012
Stock Code: SBK16
ISIN Code: ZAG000093741
New Financial Instrument Listing Announcement
The JSE Limited has granted a listing to The Standard Bank of South Africa
Limited - SBK16 Subordinated Unsecured Secondary Capital Notes due 15 March 2023
- sponsored by The Standard Bank of South Africa Limited (acting through its
Corporate and Investment Banking Division), under its Domestic Medium Term Note
Programme.
Full Note details are as follows:
Aggregate Nominal Amount: ZAR2,000,000,000
Coupon Indicator: Floating Rate and Indexed Linked
Floating Rate: 7.7% (being 210 bps over 3 month JIBAR of
5.600%) from the Issue Date to, but excluding
the Optional Redemption Date
Index Linked rate: CPI Linked from the Optional Redemption Date
to the Maturity Date
Issue Price: 100%
Optional Redemption Date: 15 March 2018 or any Interest Payment Date
thereafter
Maturity Date: 15 March 2023
First Interest Payment Date: 15 June 2012
Interest Payment Dates: 15 March, 15 June, 15 September and 15
December from the Issue Date to the Optional
Redemption Date.15 March and 15 September
from (but excluding) the Optional Redemption
Date to the Maturity Date
Books Close: 5 March, 5 June, 5 September and 5 December
from the Issue Date to the Optional
Redemption Date 5 March and 5 September from
the Optional Redemption Date to the Maturity
Date
Last day to register: By 17:00h on 4 March, 4 June, 4 September and
4 December from the Issue Date to the
Optional Redemption Date
By 17:00h on 4 March and 4 September from
the Optional Redemption Date to the Maturity
Date
Interest Commencement Date: 15 March 2012
Settlement Date: 15 March 2012
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.
Further information on the Note issued please contact:
Sponsor - SBSA
Andrew Costa
Tel:(011) 378 7008 Email:andrew.costa@standardbank.co.za
Date: 14/03/2012 11:45:01 Produced by the JSE SENS Department.
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