AFRICAN BANK LIMITED - ABKI - Interest and Capital Payment Notifications

ABKI - Interest and Capital Payment Notifications

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2014/176899/06)
Company code: ABKI
Bond code: ABKI01     ISIN: ZAG000134545
Bond code: ABK1       ISIN: ZAG000134420
Bond code: ABK3       ISIN: ZAG000134446
Bond code: ABK9       ISIN: ZAG000134503
Bond code: ABK10      ISIN: ZAG000134511
Bond code: ABK11      ISIN: ZAG000134529
Bond code: ABK12      ISIN: ZAG000134537
(“African Bank”)

INTEREST AND CAPITAL PAYMENT NOTIFICATIONS


Bondholders are advised of the following interest and capital payments due 7 November
2018:

Bond code:                  ABKI01
ISIN:                       ZAG000134545
Fixed coupon rate:          5.100%
Rate for the period:        2.550%
Reference CPI:              69.01203
Closing index CPI:          108.45484
Base CPI:                   86.05800
Applicable formula:         Nominal Amount x CPI Adjustment x (Interest Rate / 2), where:
                            - CPI Adjustment = Reference CPI / Base CPI; and
                            - Ref CPIDate = Ref CPIJ + [t – 1 / D] X (Ref CPIJ+1 – Ref CPIJ),
                            all of the above terms as defined in the applicable pricing
                            supplement
Interest period:            7 May 2018 to 6 November 2018
Interest amount due:        ZAR 24 044 490.20
Capital amount due:         ZAR 942 921 184.41
URL:                        https://www.africanbank.co.za/en/home/corporate-info-
                            debt-investor-info, by selecting 2016 under “Funding
                            overview” to access the relevant pricing supplement

Bond code:                  ABK1
ISIN:                       ZAG000134420
Coupon:                     11.5%
Interest period:            7 May 2018 to 6 November 2018
Interest amount due:        ZAR 20 700 000.00
Capital amount due:         ZAR 360 000 000.00

Bond code:                  ABK3
ISIN:                       ZAG000134446
Coupon:                     10.125%
Interest period:            7 August 2018 to 6 November 2018
Interest amount due:        ZAR 10 208 219.18
Capital amount due:         ZAR 400 000 000.00

Payment date:               7 November 2018
Date Convention:            Modified Following Business Day


Bondholders are advised of the following interest payment due 14 November 2018:

Bond code:                 ABK10
ISIN:                      ZAG000134511
Coupon:                    9.767%
Interest period:           14 August 2018 to 13 November 2018
Interest amount due:       ZAR 19 694 553.42
Payment date:              14 November 2018
Date Convention:           Modified Following Business Day


Bondholders are advised of the following interest payment due 19 November 2018:

Bond code:                 ABK9
ISIN:                      ZAG000134503
Coupon:                    9.007%
Interest period:           20 August 2018 to 18 November 2018
Interest amount due:       ZAR 14 371 717.26
Payment date:              19 November 2018
Date Convention:           Modified Following Business Day


Bondholders are advised of the following interest payments due 20 November 2018:

Bond code:                 ABK11
ISIN:                      ZAG000134529
Coupon:                    9.867%
Interest amount due:       ZAR 10 147 060.60

Bond code:                 ABK12
ISIN:                      ZAG000134537
Coupon:                    11.017%
Interest amount due:       ZAR 10 885 399.67

Interest period:           20 August 2018 to 19 November 2018
Payment date:              20 November 2018
Date Convention:           Modified Following Business Day




26 October 2018

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 26/10/2018 04:19:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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