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AFRICAN BANK LIMITED - New Instrument Listing - ABLI05

Release Date: 15/02/2013 15:55
Code(s): ABLI05     PDF:  
Wrap Text
New Instrument Listing - ABLI05

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 ABLI05
Senior Unsecured Indexed Notes under its ZAR25 billion Domestic
Medium Term Note Programme dated 1 June 2012, where a total of
R800 million was raised.


Instrument Type              Senior Unsecured Indexed Notes
Total Notes in Issue:        R12.868 billion excluding this
                             issuance of Notes and any maturities
                             taking place on the issue date
Instrument Code:             ABLI05
Issue Date:                  18 February 2013
Nominal Issued:              R800,000,000
Issue Price:                 100%
Interest Rate:               3.2% p.a (payable semi-annually)
Interest Commencement Date: 18 February 2013
Last Day to Register:        By 17h00 on 7 August and 7 February of
                             Each year until the Maturity Date
Books Close:                 8 August and 8 February of each year until
                             the Maturity Date
Interest Determination Date: 18 August and 18 February of each year
                             occuring after 18 February 2013 up to
                             and including the Maturity Date
Maturity Date:               18 February 2018
ISIN No:                     ZAG000102872
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.

15 February 2013

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 15/02/2013 03:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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