AFRICAN BANK LIMITED - ABKI - Interest and Capital Payment Notifications

ABKI - Interest and Capital Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABK9       ISIN: ZAG000134503
Bond code: ABK10      ISIN: ZAG000134511
Bond code: ABK11      ISIN: ZAG000134529
Bond code: ABK12      ISIN: ZAG000134537
(“African Bank”)


INTEREST AND CAPITAL PAYMENT NOTIFICATIONS

Bondholders are advised of the following interest payment due 14 May 2019:

Bond code:                  ABK10
ISIN:                       ZAG000134511
Nominal amount:             ZAR 800 000 000.00
Coupon:                     9.90%
Interest period:            14 February 2019 to 13 May 2019
Interest amount due:        ZAR 19 311 780.82
Payment date:               14 May 2019
Date Convention:            Modified Following Business Day


Bondholders are advised of the following interest and capital payments due 20 May 2019:

Bond code:                  ABK9
ISIN:                       ZAG000134503
Nominal amount:             ZAR 640 000 000.00
Coupon:                     9.14%
Interest period:            18 February 2019 to 19 May 2019
Interest amount due:        ZAR 14 583 934.25

Bond code:                  ABK11
ISIN:                       ZAG000134529
Nominal amount:             ZAR 408 000 000.00
Coupon:                     10.00%
Interest period:            20 February 2019 to 19 May 2019
Interest amount due:        ZAR 9 948 493.15
Capital amount due:         ZAR 408 000 000.00

Bond code:                  ABK12
ISIN:                       ZAG000134537
Nominal amount:             ZAR 392 000 000.00
Coupon:                     11.15%
Interest period:            20 February 2019 to 19 May 2019
Interest amount due:        ZAR 10 657 567.12


Payment date:               20 May 2019
Date Convention:            Modified Following Business Day



7 May 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: 09/05/2019 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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