№ files_lp_4_process_1_51642
Official market notice providing the details of a newly listed credit-linked floating rate note including its issuance terms, coupon schedule, maturity dates, and registration information.
Year: 2019
Region / City: South Africa
Subject: Financial Instrument Listing
Document Type: Market Notice
Organization / Institution: JSE Limited
Issuer: The Standard Bank of South Africa Limited
Instrument Type: Credit-Linked Floating Rate Note
Bond Code: CLN634
Nominal Issued: R 1,000,000,000.00
Issue Price: 100%
Coupon: 8.7% initially, variable thereafter
Final Maturity Date: 9 February 2027
Books Close Dates: 4 February, 4 May, 4 August, 4 November
Interest Payment Dates: 9 February, 9 May, 9 August, 9 November
Last Day to Register: 3 February, 3 May, 3 August, 3 November by 17:00
Interest Commencement Date: 12 December 2019
First Interest Payment Date: 9 February 2020
Call / Step Up Dates: 9 May 2022, 9 November 2024
ISIN No.: ZAG000165200
Additional Information: Senior, Unsecured, dematerialised in Central Securities Depository, settlement electronically under JSE Rules
Contact: Kaylin Langley, The Standard Bank of South Africa Limited, +27 11 415 4535; Corporate Actions, JSE, +27 11 520 7000
Price: 8 / 10 USD
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