| Mon 11 Dec 2017, 14:00 | | THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN510 |
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CLN510 201712110050A
New Financial Instrument Listing Announcement - CLN510
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN510”
Stock Code: CLN510
ISIN Code: ZAG000148891
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN510 Senior Unsecured Floating Rate
Credit Linked Note due 11 October 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 ZAR27,588,951,039.62
Full Note details are as follows
Issue Date: 12 December 2017
Nominal Issued: ZAR40,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i) the Issue Date until,
but excluding,
11 October 2020: three
month ZAR-JIBAR-SAFEX
plus 2.2%; and
(ii) 11 October 2020 until,
but excluding, the
Scheduled Maturity Date:
three month ZAR-JIBAR-
SAFEX plus 2.575%,
as per the Pricing Supplement
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 11 October 2022
First Interest Payment Date: 11 January 2018
Interest Payment Dates: Each 11 January, 11 April,
11 July and 11 October until
the Maturity Date
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From each 1 January, 1 April,
1 July and 1 October of each
year commencing on
1 January 2018
Last day to register: By: 17h00 on 31 December,
31 March, 30 June and
30 September of each year
commencing on
31 December 2017
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 11 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
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