AFRICAN BANK LIMITED - ABK6 ABK8 ABKI04 - Interest Payment Notifications

ABK6 ABK8 ABKI04 - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABK6       ISIN: ZAG000134479
Bond code: ABK8       ISIN: ZAG000134495
Bond code: ABKI04     ISIN: ZAG000134578
(“African Bank”)

INTEREST PAYMENT NOTIFICATIONS

Bondholders are advised of the following interest payment due 3 September 2019:

Bond code:                  ABK8
ISIN:                       ZAG000134495
Coupon:                     9.757%
Interest period:            3 June 2019 to 2 September 2019
Interest amount due:        ZAR 3 757 808.31
Payment date:               3 September 2019
Date Convention:            Modified Following Business Day

Bondholders are advised of the following interest payment due 5 September 2019:

Bond code:                  ABK6
ISIN:                       ZAG000134479
Coupon:                     9.608%
Interest period:            5 June 2019 to 4 September 2019
Interest amount due:        ZAR 5 385 955.24
Payment date:               5 September 2019
Date Convention:            Modified Following Business Day

Bondholders are advised of the following interest payment due 13 September 2019:

Bond code:                  ABKI04
ISIN:                       ZAG000134578
Fixed coupon rate:          5.750%
Rate for the period:        2.875%
Reference CPI:              112.16
Base CPI:                   82.38352
Applicable formula:         (Nominal Amount x CPI Adjustment x Interest Rate) / 2, where:
                            - CPI Adjustment = Reference CPI / Base CPI; and
                            - Ref CPIDate = Ref CPIJ + (t – 1 / D) x (Ref CPIJ+1 – Ref CPIJ),
                            all of the above terms as defined in the applicable pricing
                            supplement
Interest amount due:        ZAR 18 787 835.24
Payment date:               13 September 2019
Date Convention:            Modified Following Business Day
URL:                        https://www.africanbank.co.za/en/home/corporate-info-debt-investor-info, 
                            by selecting 2016 under “Funding overview” to access the relevant
                            pricing supplement



29 August 2019

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 29/08/2019 08:00:00
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