To view the PDF file, sign up for a MySharenet subscription.

ABSA BANK LIMITED - Notice of Credit Event - BIAS

Release Date: 10/02/2025 17:05
Code(s): ASN480 ASN973 ASN936 ASN634 ASN681 ASC149     PDF:  
Wrap Text
Notice of Credit Event - BIAS

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
Bond Issuer Code: BIABS
("Absa" or the "Issuer")

NOTICE OF CREDIT EVENT

Absa Bank Limited (the "Issuer") wishes to advise the JSE Limited of a Credit Event that has occurred in respect of
Intrum AB of the ITRAX series, a Reference Entity included in the Applicable Pricing Supplements related to the notes
listed in the table below. Under the terms of the notes, the amount of the notes equal to the Reference Entity Nominal
Amount will be redeemed and delisted. Therefore, the notes will be partially redeemed and delisted effective 14 February
2025.

Details are set out below.

           Stock Code      ISIN                 Nominal Amount of          Nominal Outstanding
                                                the Affected Portion       After Capital
                                                                           Redemption

           ASC149          ZAG000207564                3,333,333.33           246,666,666.67

           ASN480          ZAG000170333                1,666,666.67           115,000,000.00

           ASN634          ZAG000177320                  400,000.00            29,200,000.00

           ASN681          ZAG000179193                1,333,333.33            97,333,333.34

           ASN936          ZAG000190745                1,333,333.33            97,333,333.34

           ASN973          ZAG000193202                1,333,333.33            97,333,333.34



10 February 2025
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 10-02-2025 05:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.