ASN310/ ASN369 - Correction: Notice of Credit Event
ABSA BANK LIMITED
(Registration number 1986/004794/06)
(“the Issuer”)
Bond Code: ASN310
ISIN No: ZAG000156431
Bond Code: ASN369
ISIN No: ZAG000162678
(“the Notes”)
Correction: Notice of Credit Event
Notice is hereby given to all holders of the Notes which were issued under the Issuers’ Master Structured Note
Programme (“MSNP”) that a Credit Event has occurred in respect of Vue Entertainment International Limited which is
one of the Reference Entities included in the Applicable Pricing Supplement relating to the Notes.
Interest will accordingly cease to accrue in respect of the Reference Entity Nominal Amount of the Notes related to Vue
Entertainment International Limited (the “Affected Portion”) with effect from the prior Interest Payment Date in other
words on 29 September 2023, in accordance with the provisions of the relevant Applicable Pricing Supplement.
The Redemption Amount for the relevant Note will be determined in respect of the Affected Portion in accordance with
the relevant Applicable Pricing Supplement read with the Master Structured Note Programme and the relevant
Applicable Product Supplement.
Under the terms of the Notes, the amount of the Notes equal to the Reference Entity Nominal Amount will be redeemed
and delisted upon determination of the swap costs.
Nominal Amount of Nominal Outstanding After
the Affected Portion Capital Redemption
ASN310- ZAG000156431 R 733,333.33 R 49,866,666.69
ASN369- ZAG000162678 R 800,000.00 R 55,200,000.00
3 October 2023
Debt Sponsor
Absa Bank Limited, acting through its Corporate and Investment Banking division
Date: 03-10-2023 02:30:00
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