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AFRICAN BANK LIMITED - New Instrument Listing - ABLC09 and ABLC10

Release Date: 16/08/2013 10:35
Code(s): ABLC09 ABLC10     PDF:  
Wrap Text
New Instrument Listing - ABLC09 and ABLC10

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 ABLC09
and ABLC10 Senior Unsecured Notes under its ZAR25 billion Domestic
Medium Term Note Programme dated 30 May 2013, where a total of
R500 million was raised.

The total amount of Notes in issue under such Programme on
19 August 2013, excluding this issuance of Notes, will be R16.235
billion.

Instrument Type               :   Senior Unsecured Floating Rate Notes
Instrument Code               :   ABLC09
Issue Date                    :   19 August 2013
Nominal Issued                :   R400,000,000
Issue Price                   :   100%
Interest Rate                 :   5.833% (3 month Jibar as at 15 August
                                  2013 of 5.133% plus 70 basis points)
Interest Commencement Date    :   19 August 2013
Last Day to Register          :   By 17h00 on 8 November 2013 and
                                  8 February 2014
Books Close                   :   9 November 2013 and 9 February 2014
Interest Determination Date   :   15 August 2013 and 19 November 2013
Maturity Date                 :   19 February 2014
ISIN No                       :   ZAG000108135
Business Day Convention       :   Following Business Day

Instrument Type               :   Senior Unsecured Fixed Rate Notes
Instrument Code               :   ABLC10
Issue Date                    :   19 August 2013
Nominal Issued                :   R100,000,000
Issue Price                   :   100%
Interest Rate                 :   5.867%
Interest Commencement Date    :   19 August 2013
Last Day to Register          :   By 17h00 on 8 February 2014
Books Close                   :   9 February 2014
Interest Determination Date   :   15 August 2013
Maturity Date                 :   19 February 2014
ISIN No                       :   ZAG000108127
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.

16 August 2013

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

Date: 16/08/2013 10:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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