To view the PDF file, sign up for a MySharenet subscription.

ABSA BANK LIMITED - ACL213 - Partial Capital Redemption

Release Date: 17/10/2014 15:15
Code(s): ACL213     PDF:  
Wrap Text
ACL213 - Partial Capital Redemption

ABSA BANK LIMITED
(Incorporated in terms of the laws of the Republic of South Africa with Company Registration No:
1986/004794/06)

Bond Code: ACL213
ISIN Code: ZAG000107657

NOTICE OF PARTIAL REDEMPTION

Series 2013-65 Portfolio Credit Linked Notes – ACL213 (the “Notes”)

Reference is made to the Notes described above issued by Absa Bank Limited under its ZAR20,000,000,000
Credit-linked Note Programme. Capitalised terms used and not otherwise defined in this notice shall have the
meanings given them in the Programme Memorandum and the Applicable Pricing Supplement of the Notes.

Absa Bank Limited hereby gives notice that in accordance with the terms and conditions of Notes and as
a consequence of the Credit Event with respect to African Bank Limited, the Issuer intends to partially
redeem the Notes on the following terms. Effective on 17 October 2014 the Aggregate Principal Amount
of the Notes shall be reduced by R50,000,000.00 such that the outstanding Aggregate Principal Amount
of the Notes from (and including) 17 October 2014 shall be R950,000,000.00.

17 October 2014

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 17/10/2014 03:15:00 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.

Share This Story