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BIABL - African Bank Limited - Listing of New Financial Instruments

Release Date: 27/06/2012 15:08
Code(s): JSE ABL ABLP
Wrap Text

BIABL - African Bank Limited - Listing of New Financial Instruments AFRICAN BANK INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registered bank controlling company) (Registration number 1946/021193/06) Ordinary share code: ABL ISIN: ZAE000030060 Preference share code: ABLP ISIN: ZAE000065215 ("ABIL") and African Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1975/002526/06) Company code: BIABL ("African Bank") LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted African Bank the listing of its ABLS5 and ABLSI1 Subordinated Unsecured Floating Rate Notes and Inflation Linked Notes, in terms of its ZAR25 billion Domestic Medium Term Note Programme dated 1 June 2012, where a total of R458 million was raised. Total Notes in Issue: 11,128 million excluding this issuance of Notes Instrument Type: Subordinated Floating Rate Notes Instrument Code: ABLS5 Nominal Issued: R325,000,000.00 Issue Price: 100% Interest Rate: 10.595% (3 month Jibar as at 26 June 2012 of 5.605% + 499bps) Coupon Rate Indicator: Floating rate Issue Date: 29 June 2012 Interest Commencement Date: 29 June 2012 Maturity Date: 29 June 2024 Call Option Date 29 June 2019 Last day to Register: By 17h00 on 18 September, 18 December, 18 March and 18 June of each year until the Maturity Date Books Close: 19 September, 19 December, 19 March and 19 June in each year until the Maturity Date Interest Payment Dates: 29 June, 29 September, 29 December and 29 March of each year occurring after
29 June 2012 Interest Determination Date: The first Interest Determination Date shall be 26 June 2012 and thereafter 29 September, 29 December and 29 March and
29 June of each year until the Maturity Date ISIN: ZAG000096744 Business Day Convention: Modified Following Business Day Instrument Type: Subordinated Inflation Linked Notes Instrument Code: ABLSI1 Nominal Issued: R133,000,000.00 Issue Price: 100% Interest Rate: 4.5% Coupon Rate Indicator: Indexed Rate Issue Date: 29 June 2012 Interest Commencement Date: 29 June 2012 Maturity Date: 29 June 2024 Call Option Date 29 June 2019 Last day to Register: By 17h00 on 18 December and 18 June of each year until the Maturity Date
Books Close: 19 December and 19 June in each year until the Maturity Date Interest Payment Dates: 29 June and 29 December of each year occurring after 29 June 2012
ISIN: ZAG000096819 Business Day Convention: Modified Following Business Day The Notes will be immobilised in the Central Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. 27 June 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 27/06/2012 15:08:05 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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