| Fri 23 Mar 2012, 16:00 | | CLN254 - The Standard Bank of South Africa Limited - New Financial Instrument |
|
JSE
BISTDB
CLN254 - The Standard Bank of South Africa Limited - New Financial Instrument
Listing Announcement
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "CLN254"
Stock Code: CLN254
ISIN Code: ZAG000094103
The JSE Limited has granted a listing to The Standard Bank of South Africa
Limited - CLN254 Senior Unsecured Floating Rate Credit Linked Note due
26 March 2015 - 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 ZAR40,000,000,000
Total notes issued ZAR31,262,448,341
Full Note details are as follows:
Issue Date: 26 March 2012
Nominal Issued: ZAR100,000,000
Coupon Rate: 132bps over 3 month JIBAR rate as
determined on each Interest Determination
Date
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 26 March 2015
First Interest Payment Date: 26 June 2012
Interest Payment Dates: Each 26 March, 26 June, 26 September and
26 December
Books Close: From each of 16 March, 16 June,
16 September and 16 December
Last day to register: By: 17:00 on each 15 March, 15 June,
15 September and 15 December
Interest Commencement Date: 26 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.
Dated 23 March 2012
Sponsor - The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor) (011) 378 7826
Email: johann.erasmus@standardbank.co.za
Date: 23/03/2012 16:00:04 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.