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AFRICAN BANK LIMITED - New Instrument Listing - ABLI06

Release Date: 18/07/2013 09:35
Code(s): ABLI06     PDF:  
Wrap Text
New Instrument Listing - ABLI06

African Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1975/002526/06)
Company code: BIABL
ISIN: ZAG00107228
(“African Bank”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted African Bank the listing of its ABLI06
Senior Unsecured Indexed Notes under its ZAR25 billion Domestic
Medium Term Note Programme dated 30 May 2013.


Instrument Type               Senior Unsecured Indexed Notes
Total Notes in Issue:         R15,885 million prior to this
                              issuance of Notes and any issuance or
                              redemption taking place on the issue
                              date

Instrument Code:             ABLI06
Issue Date:                  19 July 2013
Nominal Issued:              R600,000,000
Issue Price:                 100%
Interest Rate:               5.750% p.a (payable semi-annually)
Interest Commencement Date:  19 July 2013
Last Day to Register:        By 17h00 on 8 January and 8 July of
                             each year until the Maturity Date
Books Close:                 9 January to 18 January and 9 July to 18
                             July (both dates inclusive) of each year
                             until the Maturity Date
Interest Determination Date: 19 January and 19 July of each year
                             until the Maturity Date
Maturity Date:               19 July 2020
Final Redemption Amount:     100% of the nominal amount adjusted by the
                             CPI adjustment for the Maturity Date,
                             provided that if the amount so adjusted is
                             less than the nominal amount, then the
                             Final Redemption Amount will be the nominal
                             amount
ISIN No:                     ZAG000107228
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.

18 July 2013
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 18/07/2013 09:35:00 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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