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BARLOWORLD LIMITED - BAW10 - Interest Rate Reset

Release Date: 05/01/2016 10:01
Code(s): BAW10     PDF:  
Wrap Text
BAW10 - Interest Rate Reset

BARLOWORLD LIMITED

Bond Code: BAW10
ISIN Code: ZAG000086471

INTEREST RATE RESET

Notice is hereby given that the 3 month JIBAR rate as at 4 January 2016 is 6.625% p.a.
(“JIBAR”).

Accordingly, the next interest payment, payable on 1 April 2016 (*Modified Following), for the
period 4 January 2016 to 31 March 2016, will be calculated based on the rate of 8.175% p.a.
(155bps over JIBAR).

* When the Interest Payment Date falls on a non business day, such Interest Payment Date
shall be postponed to the next business day. However, if the first business day after the
weekend or public holiday falls in a new calendar month the last business day before the
weekend or public holiday will be used instead.

Next reset date: 1 April 2016.

5 January 2016

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

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