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BIABL - African Bank Limited - Listing of New Financial Instrument

Release Date: 14/02/2012 10:37
Code(s): JSE
Wrap Text

BIABL - African Bank Limited - Listing of New Financial Instrument 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 ABLC06 Floating Rate Notes, in terms of its ZAR15 billion Domestic Medium Term Note Programme dated 19 May 2011. INSTRUMENT TYPE: Floating Rate Notes Total Notes in Issue: 12,299,000,000.00 including this issuance of Notes and after the maturity of the ABLC04 Notes on 15 February 2012 Instrument Code: ABLC06 Nominal Issued: R360,000,000.00 Issue Price: 100% Interest Rate: 5.980% (3 month Jibar as at 10 February 2012 of 5.600% + 38bps) Coupon Rate Indicator: Floating rate Issue Date: 15 February 2012 Interest Commencement Date: 15 February 2012 Maturity Date: 15 August 2012 Last day to Register: By 17h00 on 4 May 2012 and 4 August 2012 Books Close: 5 May 2012 and 5 August 2012 Interest Payment Dates: 15 May 2012 and 15 August 2012 Interest Reset Dates: 10 February 2012 and 15 May 2012 ISIN: ZAG000092933 Business Day Convention: Following business day The Notes will be immobilised in the Central Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. 14 February 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 14/02/2012 10:37:07 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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