AFRICAN BANK LIMITED - New Instrument Listing - ABL16

New Instrument Listing - ABL16

African Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1975/002526/06)
Company code: BIABL
(“African Bank”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted African Bank the listing of its
ABL16 Senior Unsecured Floating Rate Notes under its
ZAR25 billion Domestic Medium Term Note Programme dated 1 June
2012, where a total of R800 million was raised.

Instrument Type                : Senior Unsecured Floating Rate
                                 Note
Total Notes in issue           : R13,096 million, excluding this
                                 issuance of Notes

Bond Code                      :   ABL16
Issue Date                     :   25 March 2013
Nominal Issued                 :   R800,000,000
Issue Price                    :   100%
Interest Rate                  :   7.115%% (3 month Jibar as at 19
                                   March 2013 of 5.125% plus
                                   199bps)
Interest Commencement Date     :   25 March 2013
Last day to register           :   By 17h00 on 14 June, 14
                                   September, 14 December and 14
                                   March each year until maturity
Books Close                    :   15 June, 15 September, 15
                                   December and 15 March each year
                                   until maturity
Interest Determination Date    :   First interest determination
                                   will be on 19 March 2013
                                   thereafter it will be 25 June,
                                   25 September, 25 December and
                                   25 March each year until the
                                   Maturity Date
Interest Payment Dates         :   25 June, 25 September, 25
                                   December and 25 March each year
                                   until the Maturity date
Maturity Date                  :   25 March 2016
ISIN No                        :   ZAG000104183
Business Day Convention        :   Modified Following Business Day
22 March 2012

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 22/03/2013 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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