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ABSA BANK LIMITED - New Financial Instrument Listing - ABFN43, ABFN44 and ABFN45

Release Date: 10/10/2019 17:35
Code(s): ABFN43 ABFN45 ABFN44     PDF:  
 
Wrap Text
New Financial Instrument Listing - ABFN43, ABFN44 and ABFN45

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)

Bond Code: ABFN43
ISIN No: ZAG000163312

Bond Code: ABFN44
ISIN No: ZAG000163320

Bond Code: ABFN45
ISIN No: ZAG000163338


NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted a financial instrument listing to ABSA BANK LIMITED’S ABFN43, ABFN44 and
ABFN45 NOTES under its Domestic Medium Term Note Programme Memorandum, dated 21 October 2014

Authorised Programme size                              ZAR60,000,000,000.00
Total notes in issue                                   ZAR55,620,641,050.00 (Excluding these tranches)


Full Note details are as follows:

Instrument Type                         Floating Rate Note
Bond Code                               ABFN43
Nominal Issued                          R400,000,000.00
Issue Price                             100%
Coupon                                  7.895% (3 Month JIBAR as at 09 October 2019 of 6.775% plus 112bps)
Coupon Rate Indicator                   Floating
Trade Type                              Price
Final Maturity Date                     14 October 2022
Books Close                             5 January, 5 April, 5 July, 5 October
Interest Payment Date(s)                14 January, 14 April, 14 July, 14 October
Interest Determination Date(s)          14 January, 14 April, 14 July, 14 October of each year, with the first
                                        interest determination date being 09 October 2019
Last Day to Register                    By 17:00 on 4 January, 4 April, 4 July, 4 October
Issue Date                              14 October 2019
Date Convention                         Modified Following
Interest Commencement Date              14 October 2019
First Interest Payment Date             14 January 2020
ISIN No.                                ZAG000163312
Additional Information                  Unsubordinated Unsecured Notes


Full Note details are as follows:

Instrument Type                         Floating Rate Note
Bond Code                               ABFN44
Nominal Issued                          R1,000,000,000.00
Issue Price                             100%
Coupon                                  8.035% (3 Month JIBAR as at 09 October 2019 of 6.775% plus 126bps)
Coupon Rate Indicator                   Floating
Trade Type                              Price
Final Maturity Date                     14 October 2024
Books Close                             5 January, 5 April, 5 July, 5 October
Interest Payment Date(s)                14 January, 14 April, 14 July, 14 October
Interest Determination Date(s)          14 January, 14 April, 14 July, 14 October of each year, with the first
                                        interest determination date being 09 October 2019
Last Day to Register                    By 17:00 on 4 January, 4 April, 4 July, 4 October
Issue Date                              14 October 2019
Date Convention                         Modified Following
Interest Commencement Date              14 October 2019
First Interest Payment Date             14 January 2020
ISIN No.                                ZAG000163320
Additional Information                  Unsubordinated Unsecured Notes


Full Note details are as follows:

Instrument Type                         Floating Rate Note
Bond Code                               ABFN45
Nominal Issued                          R700,000,000.00
Issue Price                             100%
Coupon                                  8.135% (3 Month JIBAR as at 09 October 2019 of 6.775% plus 136bps)
Coupon Rate Indicator                   Floating
Trade Type                              Price
Final Maturity Date                     14 October 2026
Books Close                             5 January, 5 April, 5 July, 5 October
Interest Payment Date(s)                14 January, 14 April, 14 July, 14 October
Interest Determination Date(s)          14 January, 14 April, 14 July, 14 October of each year, with the first
                                        interest determination date being 09 October 2019
Last Day to Register                    By 17:00 on 4 January, 4 April, 4 July, 4 October
Issue Date                              14 October 2019
Date Convention                         Modified Following
Interest Commencement Date              14 October 2019
First Interest Payment Date             14 January 2020
ISIN No.                                ZAG000163338
Additional Information                  Unsubordinated Unsecured Notes



10 October 2019

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

Date: 10/10/2019 05:35:00
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