AFRICAN BANK LIMITED - ABKI - Interest Payment Notifications

ABKI - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABK6       ISIN: ZAG000134479
Bond code: ABK8       ISIN: ZAG000134495
Bond code: ABKI02 ISIN: ZAG000134552
(“African Bank”)

INTEREST PAYMENT NOTIFICATIONS

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

Bond code:                  ABK8
ISIN:                       ZAG000134495
Coupon:                     9.448%
Interest period:            3 September 2019 to 2 December 2019
Interest amount due:        ZAR 3 599 247.96
Payment date:               3 December 2019
Date Convention:            Modified Following Business Day

Bondholders are advised of the following interest payments due 5 December 2019:

Bond code:                  ABK6
ISIN:                       ZAG000134479
Coupon:                     9.308%
Interest period:            5 September 2019 to 4 December 2019
Interest amount due:        ZAR 5 161 069.24

Bond code:                  ABKI02
ISIN:                       ZAG000134552
Fixed coupon rate:          4.000%
Rate for the period:        2.000%
Reference CPI:              113.15806
Base CPI:                   74.32049
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 15 883 437.82
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

Payment date:               5 December 2019
Date Convention:            Modified Following Business Day




28 November 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: 28-11-2019 09:45:00
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