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ABSA BANK LIMITED - Amended and Restated Applicable Pricing Supplement: ASC220

Release Date: 23/05/2025 08:00
Code(s): ASC220     PDF:  
Wrap Text
Amended and Restated Applicable Pricing Supplement: ASC220

ABSA BANK LIMITED
(Incorporated with limited liability on 26 November 1986 under registration number 1986/004794/06 in the Republic of
South Africa)
Bond Code: ASC220
ISIN No: ZAG000213042


Amended and Reinstated Applicable Pricing Supplement

Noteholders are advised of the amended interest commencement date

The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED "ASC220" note under its Master
Structured Note Programme Memorandum. The Master Structured Note Programme is available on the issuer's website
at https://www.absa.africa/absaafrica/investor-relations/debt-investors/

Authorised Programme size                            R80,000,000,000.00
Total Notes in issue                                 R 63,636,554,863.46 (Including this tranche)


Full Note details are as follows:
Instrument Type                                      Credit Linked Note
Bond Code                                            ASC220
Nominal Issued                                       ZAR412,900,000.00
Issue Price                                          100.0783972%
Trade Type                                           Price
Coupon                                               3 Month JIBAR plus 220 basis points (or 2.20%)
Coupon Rate Indicator                                Floating
Trade Type                                           Price
Maturity Date                                        25 November 2029
Last Date to Register                                by 17:00 on 14 February, 14 May, 14 August and 14 November
Books Closed Period                                  15 February, 15 May, 15 August and 15 November
Interest Payment Dates                               25 February, 25 May, 25 August and 25 November of each
                                                     calendar year during the term of the Notes, commencing on 25 May
                                                     2025
Interest Rate Determination Dates                    25 February, thereafter each of 25 February, 25 May, 25 August
                                                     and 25 November in each calendar year, during the term of the
                                                     Notes, ending on 25 August 2029
Interest Commencement Date                           25 February 2025
Issue Date                                           28 February 2025
Date Convention                                      Following
Additional Information                               Unsubordinated Unsecured



23 May 2025

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 23-05-2025 08:00:00
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