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
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