THE STANDARD BANK OF SOUTH AFRICA LIMITED – New Financial Instrument Listing Announcement – CLN570?

2019/03/14 11:00:00
SENS announcement for JSE listed company: JSE General
                        

CLN570 201903140037A
New Financial Instrument Listing Announcement – ‘CLN570’

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement – ‘CLN570’

Stock Code: CLN570
ISIN Code: ZAG000157819

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN570 Senior Unsecured Floating Rate
Credit Linked Note due 13 May 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) ZAR33,925,590,464.43

Full Note details are as follows
Issue Date: 15 March 2019
Nominal Issued: ZAR250,000,000
Coupon Rate: Three month Jibar + 282bps,
as per the pricing supplement
Coupon Indicator: Floating
Interest Rate Determination Dates Each 13 February, 13 May, 13
August and 13 November of
each year, commencing on the
Issue Date
Trade Type: Price
Issue Price:
Maturity Date: 13 May 2021
First Interest Payment Date: 13 May 2019
Interest Payment Dates: Each 13 February, 13 May, 13
August and 13 November until
the Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: From each 03 February, 03
May, 03 August and 03
November of each year
commencing on 03 May 2019,
until the applicable Interest
Payment Date.
Last day to register: By: 17h00 on 02 February, 02
May, 02 August and 02
November of each year
commencing on 02 May 2019.
Interest Commencement Date: Issue Date
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 dematerialised in the Central Depository (‘CSD’)
and settlement will take place electronically in terms of JSE
Rules.
Dated 14 March 2019
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

Date: 14/03/2019 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
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