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AFRICAN BANK LIMITED - ABKI03 - Interest and Capital Payment Notification

Release Date: 27/09/2021 15:52
Code(s): ABKI03     PDF:  
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ABKI03 - Interest and Capital Payment Notification

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABKI03 ISIN: ZAG000134560
(“African Bank”)

INTEREST AND CAPITAL PAYMENT NOTIFICATION

Noteholders are advised of the following interest and capital payment due 13 October 2021:

Bond code:                  ABKI03
ISIN:                       ZAG000134560
Fixed coupon rate:          3.200%
Rate for the period:        1.600%
Reference CPI:              121.00323
Base CPI:                   79.92800
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 38 384 892.68
Capital amount due:         ZAR 2 399 055 792.67
Payment date:               13 October 2021
Date Convention:            Modified Following Business Day
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




27 September 2021

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

Date: 27-09-2021 03:52:00
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