| Wed 27 Nov 2019, 10:45 | | New Financial Instrument Listing Announcement - CLN630 |
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New Financial Instrument Listing Announcement - ?CLN630?:
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "CLN630"
Stock Code: CLN630
ISIN Code: ZAG000164757
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited - CLN630 Senior Unsecured Fixed Rate Credit
Linked Notes due 19 August 2025 - 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
(including current issue) ZAR41,654,725,742.13
Full Note details are as follows:
Issue Date: 28 November 2019
Nominal Issued: ZAR115,200,000
Coupon Rate: 9.50% nacs as per the
Applicable Pricing
Supplement
Coupon Indicator: Fixed
Interest Rate Determination Dates: Each 19 February and
19 August of each year
commencing on the Interest
Commencement Date until the
Maturity Date
Trade Type: Yield
Issue Price: 100.08007%
Maturity Date: 19 August 2025
Interest Commencement Date: Issue Date
First Interest Payment Date: 19 February 2020
Interest Payment Dates: Each 19 February and
19 August of each year until
the Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 14 February and
14 August of each year,
until the applicable
Interest Payment Date
Last day to register: 17h00 on 13 February and
13 August of each year,
until the Maturity Date. If
such day is not a Business
Day, the Business Day before
each books closed period
Placement Agent: The Standard Bank of South
Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement: Not Applicable
Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.
Dated 27 November 2019
Sponsor - The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 27-11-2019 10:45:00
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