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AFRICAN BANK LIMITED - CANCELLATION OF S333118 New Instrument Listing - ABL17

Release Date: 20/06/2013 13:09
Code(s): ABL17     PDF:  
Wrap Text
CANCELLATION OF S333118 New Instrument Listing - ABL17

African Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1975/002526/06)
Company code: BIABL
ISIN: ZAG000106600
(“African Bank”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted African Bank Limited the listing of
its ABL17 floating rate Notes under its ZAR25 billion Domestic
Medium-Term Note Programme dated 30 May 2013, where a total of
R1 billion was raised.

Instrument type:              Floating Rate Note
Total Notes in issue:         R14.884 billion excluding this
                              issuance of Notes and any
                              maturities taking place on the
                              issue date
Instrument Code:              ABL17
Issue Date:                   21 June 2013
Nominal Issued:               R1 000 000 000
Issue Price:                  100%
Interest Rate:                (3 month Jibar plus 275 bps)
Interest Commencement Date:   21 September 2013
Last Day to Register:         By 17h00 on 10 September, 10 December,
                              10 March and 10 June, of each year
                              until the Maturity Date
Interest Determination Dates: 21 September, 21 December, 21 March
                              and 21 June
Maturity Date:                21 June 2016
Books Close:                  11 September, 11 December, 11 March
                              and 11 June
ISIN No:                      ZAG000106600
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.
Midrand
20 June 2013

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

Sole Arranger and bookrunner
ABSA CORPORATE AND INVESTMENT BANK, A DIVISION OF ABSA BANK LIMITED

Date: 20/06/2013 01:09:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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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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