| Wed 27 Jun 2012, 15:08 | | BIABL - African Bank Limited - Listing of New Financial Instruments |
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JSE ABL ABLP
BIABL
BIABL - African Bank Limited - Listing of New Financial Instruments
AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
Ordinary share code: ABL ISIN: ZAE000030060
Preference share code: ABLP ISIN: ZAE000065215
("ABIL")
and
African Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1975/002526/06)
Company code: BIABL
("African Bank")
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted African Bank the listing of its ABLS5 and ABLSI1
Subordinated Unsecured Floating Rate Notes and Inflation Linked Notes, in terms
of its ZAR25 billion Domestic Medium Term Note Programme dated 1 June 2012,
where a total of R458 million was raised.
Total Notes in Issue: 11,128 million excluding this
issuance of Notes
Instrument Type: Subordinated Floating Rate Notes
Instrument Code: ABLS5
Nominal Issued: R325,000,000.00
Issue Price: 100%
Interest Rate: 10.595% (3 month Jibar as at 26 June
2012 of 5.605% + 499bps)
Coupon Rate Indicator: Floating rate
Issue Date: 29 June 2012
Interest Commencement Date: 29 June 2012
Maturity Date: 29 June 2024
Call Option Date 29 June 2019
Last day to Register: By 17h00 on 18 September, 18 December,
18 March and 18 June of each year until
the Maturity Date
Books Close: 19 September, 19 December, 19 March and
19 June in each year until the Maturity
Date
Interest Payment Dates: 29 June, 29 September, 29 December and
29 March of each year occurring after
29 June 2012
Interest Determination Date: The first Interest Determination Date
shall be 26 June 2012 and thereafter 29
September, 29 December and 29 March and
29 June of each year until the Maturity
Date
ISIN: ZAG000096744
Business Day Convention: Modified Following Business Day
Instrument Type: Subordinated Inflation Linked Notes
Instrument Code: ABLSI1
Nominal Issued: R133,000,000.00
Issue Price: 100%
Interest Rate: 4.5%
Coupon Rate Indicator: Indexed Rate
Issue Date: 29 June 2012
Interest Commencement Date: 29 June 2012
Maturity Date: 29 June 2024
Call Option Date 29 June 2019
Last day to Register: By 17h00 on 18 December and 18 June
of each year until the Maturity Date
Books Close: 19 December and 19 June in each year
until the Maturity Date
Interest Payment Dates: 29 June and 29 December of each year
occurring after 29 June 2012
ISIN: ZAG000096819
Business Day Convention: Modified Following Business Day
The Notes will be immobilised in the Central Depository ("CSD") and settlement
will take place electronically in terms of JSE Rules.
27 June 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 27/06/2012 15:08:05 Produced by the JSE SENS Department.
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