| Tue 6 Oct 2020, 10:32 | | New Financial Instrument Listing Announcement - CLN718 |
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New Financial Instrument Listing Announcement - CLN718
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN718”
Stock Code: CLN718
ISIN Code: ZAG000171547
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN718 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2021 - 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) ZAR48,062,213,707.93
Full Note details are as follows:
Issue Date: 07 October 2020
Nominal Issued: ZAR20,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 1.00%, as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 20 December 2020, 20
March 2021 and 20 June 2021
with the first Interest Rate
Determination Date being the
Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 June 2021
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 December 2020
Interest Payment Dates: Each 20 December 2020, 20
March 2021 and 20 June 2021
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 15 December 2020, 15
March 2021 and 15 June 2021
Last day to register: 17h00 on 14 December 2020,
14 March 2020 and 14 June
2021. 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 -06 October 2020
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: 06-10-2020 10:32:00
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