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: ABK8       ISIN: ZAG000134495
Bond code: ABKI04 ISIN: ZAG000134578
(“African Bank”)

INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 3 September 2020:

Bond code:                  ABJ01
ISIN:                       ZAG000164914
Coupon:                     7.783%
Interest amount due:        ZAR 10 789 583.56

Bond code:                  ABK8
ISIN:                       ZAG000134495
Coupon:                     6.623%
Interest amount due:        ZAR 2 550 780.41

Interest period:            3 June 2020 to 2 September 2020
Payment date:               3 September 2020
Date Convention:            Modified Following Business Day

Noteholders are advised of the following interest payment due 14 September 2020:

Bond code:                  ABKI04
ISIN:                       ZAG000134578
Fixed coupon rate:          5.750%
Rate for the period:        2.875%
Reference CPI:              114.5600
Base CPI:                   82.38352
Interest amount due:        ZAR 19 189 857.39
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
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 September 2020
Date Convention:            Modified Following Business Day


31 August 2020

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

Date: 31-08-2020 08:00:00
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