Wrap Text
Listing of New Financial Instruments
K2014176899 (SOUTH AFRICA) LIMITED – To change its name to AFRICAN
BANK LIMITED on 4 April 2016
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
ISIN ABK1: ZAG000134420
ISIN ABK2: ZAG000134438
ISIN ABK3: ZAG000134446
ISIN ABK4: ZAG000134453
ISIN ABK5: ZAG000134461
ISIN ABK6: ZAG000134479
ISIN ABK7: ZAG000134487
ISIN ABK8: ZAG000134495
ISIN ABK9: ZAG000134503
ISIN ABK10: ZAG000134511
ISIN ABK11: ZAG000134529
ISIN ABK12: ZAG000134537
ISIN ABKI01: ZAG000134545
ISIN ABKI02: ZAG000134552
ISIN ABKI03: ZAG000134560
ISIN ABKI04: ZAG000134578
ISIN ABKS1: ZAG000134412
(“Good Bank”)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted Good Bank the listing of the following 17
Series of Notes (the “Notes”), in terms of its ZAR25,000,000,000
Domestic Medium Term Note Programme (the “DMTN”) dated 22 March 2016,
effective 4 April 2016.
The Notes will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of
JSE Rules.
FIXED RATE NOTES
1. ZAR360 000 000 11.50% Senior Unsecured Fixed Rate Notes.
INSTRUMENT TYPE: Fixed Rate Note
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK1
Nominal Issued: ZAR360 000 000
Issue Price: 100%
Interest Rate: 11.50%
Coupon Rate Indicator: Fixed
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 7 May 2016
Maturity Date: 7 November 2018
Last day to register: By 17h00 on 26 April and 27 October
of each year until maturity
Books Close: The Register will be closed from 27
April to 6 May and from 28 October to
6 November (all dates inclusive) in
each year until the Maturity Date.
Interest Payment Date(s): 7 May and 7 November in each year
until maturity
ISIN: ZAG000134420
Business Day Convention: Modified Following Business Day
2. ZAR420 000 000 9.50% Senior Unsecured Fixed Rate Notes.
INSTRUMENT TYPE: Fixed Rate Note
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK2
Nominal Issued: ZAR420 000 000
Issue Price: 100%
Interest Rate: 9.50%
Coupon Rate Indicator: Fixed
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 24 May 2016
Maturity Date: 24 May 2018
Last day to register: By 17h00 on 13 May and 13 November of
each year until maturity
Books Close: The Register will be closed from 14
May to 23 May and from 14 November to
23 November (all dates inclusive) in
each year until the Maturity Date.
Interest Payment Date(s): 24 May and 24 November in each year
until maturity
ISIN: ZAG000134438
Business Day Convention: Modified Following Business Day
FLOATING RATE NOTES
1. ZAR400 000 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK3
Nominal Issued: ZAR400 000 000
Issue Price: 100%
Interest Rate: 10.383% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 315 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 7 May 2016
Maturity Date: 7 November 2018
Last day to register: By 17h00 on 26 April, 27 July,
27 October and 27 January of each
year until Maturity
Books Close: 27 April to 6 May from 28 July to 6
August from 28 October to 6 November
and from 28 January to 6 February
(all dates inclusive) in each year
until the Maturity Date
Interest Payment Date(s): 7 May, 7 August, 7 November and 7
February in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134446
Business Day Convention: Modified Following Business Day
2. ZAR304 000 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK4
Nominal Issued: ZAR304 000 000
Issue Price: 100%
Interest Rate: 9.733% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 250 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 24 May 2016
Maturity Date: 24 May 2018
Last day to register: By 17h00 on 13 May, 13 August, 13
November and 13 February of each year
until Maturity
Books Close: 14 May to 23 May, from 14 August to
23 August, from 14 November to 23
November and from 14 February to 23
February (all dates inclusive) in
each year until the Maturity Date
Interest Payment Date(s): 24 May, 24 August, 24 November and 24
February in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134453
Business Day Convention: Modified Following Business Day
3. ZAR800 000 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK5
Nominal Issued: ZAR800 000 000
Issue Price: 100%
Interest Rate: 9.633% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 240 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 30 April 2016
Maturity Date: 31 October 2018
Last day to register: By 17h00 on 19 April, 20 July, 20
October and 20 January of each year
until Maturity
Books Close: 20 April to 29 April, from 21 July to
30 July, from 21 October to 30
October and from 21 January to 30
January (all dates inclusive) in each
year until the Maturity Date
Interest Payment Date(s): 30 April, 31 July, 31 October and 31
January in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134461
Business Day Convention: Modified Following Business Day
4. ZAR222 400 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK6
Nominal Issued: ZAR222 400 000
Issue Price: 100%
Interest Rate: 9.733% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 250 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 5 June 2016
Maturity Date: 5 June 2020
Last day to register: By 17h00 on 25 May, 25 August, 24
November and 22 February of each year
until Maturity
Books Close: 26 May to 4 June, from 26 August to 4
September, from 25 November to 4
December and from 23 February to 4
March (all dates inclusive) in each
year until the Maturity Date
Interest Payment Date(s): 5 June, 5 September, 5 December and 5
March in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134479
Business Day Convention: Modified Following Business Day
5. ZAR567 200 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK7
Nominal Issued: ZAR567 200 000
Issue Price: 100%
Interest Rate: 9.233% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 200 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 3 June 2016
Maturity Date: 3 June 2019
Last day to register: By 17h00 on 23 May, 23 August, 22
November and 20 February each year
until Maturity
Books Close: 24 May to 2 June, from 24 August to 2
September, from 23 November to 2
December and from 21 February to 2
March (all dates inclusive) in each
year until the Maturity Date
Interest Payment Date(s): 3 June, 3 September, 3 December and 3
March in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134487
Business Day Convention: Modified Following Business Day
6. ZAR152 800 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK8
Nominal Issued: ZAR152 800 000
Issue Price: 100%
Interest Rate: 9.873% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 264 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 3 June 2016
Maturity Date: 3 June 2021
Last day to register: By 17h00 on 23 May, 23 August, 22
November and 20 February of each year
until Maturity
Books Close: 24 May to 2 June, from 24 August to 2
September, from 23 November to 2
December and from 21 February to 2
March (all dates inclusive) in each
year until the Maturity Date
Interest Payment Date(s): 3 June, 3 September, 3 December and 3
March in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134495
Business Day Convention: Modified Following Business Day
7. ZAR640 000 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK9
Nominal Issued: ZAR640 000 000
Issue Price: 100%
Interest Rate: 9.223% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 199 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 18 May 2016
Maturity Date: 18 November 2019
Last day to register: By 17h00 on 7 May, 7 August, 7
November and 7 February of each year
until Maturity
Books Close: 8 May to 17 May, from 8 August to 17
August, from 8 November to 17
November and from 8 February to 17
February (all dates inclusive) in
each year until the Maturity Date
Interest Payment Date(s): 18 May, 18 August, 18 November and 18
February in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134503
Business Day Convention: Modified Following Business Day
8. ZAR800 000 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK10
Nominal Issued: ZAR800 000 000
Issue Price: 100%
Interest Rate: 9.983% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 275 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 14 May 2016
Maturity Date: 14 February 2020
Last day to register: By 17h00 on 3 May, 3 August, 3
November and 3 February of each year
until Maturity
Books Close: 4 May to 13 May, from 4 August to 13
August, from 4 November to 13
November and from 4 February to 13
February (all dates inclusive) in
each year until the Maturity Date
Interest Payment Date(s): 14 May, 14 August, 14 November and 14
February in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134511
Business Day Convention: Modified Following Business Day
9. ZAR408 000 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK11
Nominal Issued: ZAR408 000 000
Issue Price: 100%
Interest Rate: 10.083% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 285 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 20 May 2016
Maturity Date: 20 May 2019
Last day to register: By 17h00 on 9 May, 9 August, 9
November and 9 February each year
until Maturity
Books Close: 10 May to 19 May, from 10 August to
19 August, from 10 November to 19
November and from 10 February to 19
February (all dates inclusive) in
each year until the Maturity Date
Interest Payment Date(s): 20 May, 20 August, 20 November and 20
February in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134529
Business Day Convention: Modified Following Business Day
10. ZAR392 000 000 Senior Unsecured Floating Rate Notes.
INSTRUMENT TYPE: Floating Rate Notes
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABK12
Nominal Issued: ZAR392 000 000
Issue Price: 100%
Interest Rate: 11.233% (3 Month JIBAR as at 30 March
2016 of 7.233% plus 400 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 20 May 2016
Maturity Date: 20 May 2022
Last day to register: By 17h00 on 9 May, 9 August, 9
November and 9 February each year
until Maturity
Books Close: 10 May to 19 May, from 10 August to
19 August, from 10 November to 19
November and from 10 February to 19
February (all dates inclusive) in
each year until the Maturity Date
Interest Payment Date(s): 20 May, 20 August, 20 November and 20
February in each year after the Issue
Date up to and including the Maturity
Date
ISIN: ZAG000134537
Business Day Convention: Modified Following Business Day
INFLATION LINKED NOTES
1. ZAR600 000 000 Senior Unsecured Indexed Notes
INSTRUMENT TYPE: Inflation Linked Note
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABKI01
Nominal Issued: ZAR600 000 000
Price: 135.82700% of Nominal Issued
amount
Coupon: 5.10% p.a., payable semi-annually
Coupon Rate Indicator: Inflation-Linked
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 7 May 2016
Maturity Date: 7 November 2018
Last day to Register: By 17:00 on 26 April and 27 October of
each year until the maturity
date
Books Close: 27 April to 6 May and from 28
October to 6 November (all dates
inclusive) in each year until
the Maturity Date
Interest Payment Date: 7 May and 7 November in each year
after the Issue Date up to and
including the Maturity Date
Base CPI: 86.05800
ISIN: ZAG000134545
Business Day Convention: Modified Following Business Day
2. ZAR521 600 000 Senior Unsecured Indexed Notes
INSTRUMENT TYPE: Inflation Linked Note
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABKI02
Nominal Issued: ZAR521 600 000
Price: 126.12534% of Nominal Issued
amount
Coupon: 4.00% p.a., payable semi-annually
Coupon Rate Indicator: Inflation-Linked
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 5 June 2016
Maturity Date: 5 June 2020
Last day to Register: By 17:00 on 25 May and 24
November of each year until the
maturity date
Books Close: 26 May to 4 June and from 25
November to 4 December (all
dates inclusive) in each year
until the Maturity Date
Interest Payment Date: 5 June and 5 December in each year
after the Issue Date up to and
including the Maturity Date
Base CPI: 92.67765
ISIN: ZAG000134552
Business Day Convention: Modified Following Business Day
3. ZAR1 600 000 000 Senior Unsecured Indexed Notes
INSTRUMENT TYPE: Inflation Linked Note
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABKI03
Nominal Issued: ZAR1 600 000 000
Price: 117.27678% of Nominal Issued
amount
Coupon: 3.20% p.a., payable semi-annually
Coupon Rate Indicator: Inflation-Linked
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 13 April 2016
Maturity Date: 13 October 2021
Last day to Register: By 17:00 on 7 April and 7 October
of each year until the maturity
date
Books Close: 8 April to 12 April and from 8
October to 12 October (all dates
inclusive) in each year until the
Maturity Date
Interest Payment Date: 13 April and 13 October in each
year after the Issue Date up to
and including the Maturity Date
Base CPI: 99.67020
ISIN: ZAG000134560
Business Day Convention: Modified Following Business Day
4. ZAR480 000 000 Senior Unsecured Indexed Notes
INSTRUMENT TYPE: Inflation Linked Note
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABKI04
Nominal Issued: ZAR480 000 000
Price: 113.78121% of Nominal Issued
amount
Coupon: 5.75% p.a., payable semi-annually
Coupon Rate Indicator: Inflation-Linked
Issue Date: 4 April 2016
Interest Commencement Date: 4 April 2016
First Interest Payment Date: 13 September 2016
Maturity Date: 13 March 2024
Last day to Register: By 17:00 on 2 September and 2
March of each year until the
maturity date
Books Close: 3 September to 12 September and
from 3 March to 12 March (all
dates inclusive) in each year
until the Maturity Date
Interest Payment Date: 13 September and 13 March in each
year after the Issue Date up to
and including the Maturity Date
Base CPI: 102.73225
ISIN: ZAG000134578
Business Day Convention: Modified Following Business Day
SUBORDINATED UNSECURED FLOATING RATE TIER 2 NOTE
1. ZAR1 485 000 000 Subordinated Unsecured Floating Rate Tier 2
Note (subject to Conversion upon the occurrence of a Trigger
Event)
INSTRUMENT TYPE: Floating Rate Note
Total Notes in Issue: ZAR10.153 billion taking into
consideration all Notes issued by
the Issuer on 4 April 2016
Instrument Code: ABKS1
Nominal Issued: ZAR1 485 000 000
Issue Price: 100%
Interest Rate: For Period from and including
1 December 2015 to but excluding
4 April 2016 an effective rate of
13.8955% (being 3 Month JIBAR as at
1 December 2015 of 6.517% plus 725 bps
but as compounded on 1 March 2016) and
for the Interest Period from and
including 4 April 2016 14.483% (3
Month JIBAR as at 30 March 2016 of
7.233% plus 725 basis points)
Coupon Rate Indicator: Floating
Issue Date: 4 April 2016
Interest Commencement Date: 1 December 2015
First Interest Payment Date: 4 April 2016
Maturity Date: 4 April 2026
Option Redemption Date: 5 April 2021, and every Business Day
thereafter, subject to the Terms and
Conditions and the applicable Capital
Regulations
Last day to register: By 17h00 on 23 June, 23 September, 24
December and 24 March, of each year
until the Maturity Date provided that
should an early redemption occur,
then that date is 11 days prior to
such redemption date
Books Close: 24 June to 3 July, 24 September to 3
October, 25 December to 3 January and
25 March to 3 April (all dates
inclusive) in each year until the
Maturity Date provided that should an
early redemption occur, the Register
shall be closed on the date that is
10 days prior to such redemption date
Interest Payment Date(s): 4 April 2016 and each of 4 July, 4
October, 4 January and 4 April of
each year occurring after the Issue
Date up to and including the Maturity
Date or any earlier redemption date,
with the first Floating Interest
Payment Date being 4 April 2016
ISIN: ZAG000134412
Business Day Convention: Modified Following Business Day
Date 31 March 2016
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 31/03/2016 12:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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