JSE Sens
New Financial Instrument Listing Announcement - CLN636
2020/01/14 09:30:21Stock report
New Financial Instrument Listing Announcement - ?CLN636?:
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - 'CLN636'
Stock Code: CLN636
ISIN Code: ZAG000165606
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited - CLN636 Senior Unsecured Floating Rate
Credit Linked Notes due 21 November 2024 - 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) ZAR43,466,918,961.65
Full Note details are as follows:
Issue Date: 15 January 2020
Nominal Issued: ZAR50,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 1.7%; as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 21 February, 21 May,
21 August and 21 November of
each year commencing on the
Interest Commencement Date
until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 21 November 2024
Interest Commencement Date: Issue Date
First Interest Payment Date: 21 February 2020
Interest Payment Dates: Each 21 February, 21 May,
21 August and 21 November of
each year until the Maturity
Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 16 February, 16 May,
16 August and 16 November of
each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 15 February,
15 May, 15 August and
15 November of each year, or
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 14 January 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: 14-01-2020 09:30:00
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