JSE Sens

New Financial Instrument Listing Announcement - CLN636

2020/01/14 09:30:21

Stock 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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