THE STANDARD BANK OF SOUTH AFRICA LIMITED – New Financial Instrument Listing Announcement – CLN580?

2019/05/16 10:56:00
SENS announcement for JSE listed company: JSE General
                        

CLN580 201905160030A
New Financial Instrument Listing Announcement – ‘CLN580’

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement – ‘CLN580’

Stock Code: CLN580
ISIN Code: ZAG000159492

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN580 Senior Unsecured Credit Linked
Notes due 10 October 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) ZAR35,055,916,202.43

Full Note details are as follows:

Issue Date: 17 May 2019
Nominal Issued: ZAR20,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus the Margin, per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 10 January, 10 April,
10 July and 10 October of
each year commencing on the
Interest Commencement Date
until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 10 October 2024
Interest Commencement Date: Issue Date
First Interest Payment Date: 10 July 2019
Interest Payment Dates: Each 10 January, 10 April,
10 July and 10 October of
each year until the Maturity
Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 31 December, 31 March,
30 June and 30 September of
each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 30 December,
30 March, 29 June and
29 September 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 16 May 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: 16/05/2019 10:56:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
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