AFRICAN BANK LIMITED - ABKI - Interest Payment Notifications

ABKI - Interest Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABJ01      ISIN: ZAG000164914
Bond code: ABJ02      ISIN: ZAG000175241
Bond code: ABJ03      ISIN: ZAG000179607
Bond code: ABKI04 ISIN: ZAG000134578

(“African Bank”)


INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payment due 3 March 2022:

Bond code:                  ABJ01
ISIN:                       ZAG000164914
Coupon:                     7.667%
Interest amount due:        ZAR 10 397 712.33
Interest period:            3 December 2021 to 2 March 2022
Payment date:               3 March 2022
Date Convention:            Modified Following Business Day

Noteholders are advised of the following interest payments due 14 March 2022:

Bond code:                  ABJ03
ISIN:                       ZAG000179607
Coupon:                     6.583%
Interest amount due:        ZAR 5 811 075.62
Interest period:            14 December 2021 to 13 March 2022

Bond code:                  ABKI04
ISIN:                       ZAG000134578
Nominal amount:             ZAR 480 000 000
Interest rate:              5.750%
Rate for the period:        2.875%
Base CPI (rebased):         82.38352
Reference CPI:              123.79355
Applicable formula:         (Nominal Amount x CPI Adjustment x Interest Coupon 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 20 736 562.24
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:               14 March 2022
Date Convention:            Modified Following Business Day

Noteholders are advised of the following interest payment due 31 March 2022:

Bond code:                  ABJ02
ISIN:                       ZAG000175241
Coupon:                     6.823%
Interest amount due:        ZAR 8 445565.48
Interest period:            31 December 2021 to 30 March 2022
Payment date:               31 March 2022
Date Convention:            Modified Following Business Day




25 February 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 25-02-2022 04:06:00
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