| Tue 9 Oct 2012, 10:15 | | AFRICAN BANK LIMITED - Listing of New Financial Instruments |
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ABL14 ABL15 201210090013A
Listing of New Financial Instruments
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 ABL14 and ABL15 Unsecured Floating Rate Notes under its ZAR25 billion Domestic Medium Term Note Programme dated 1 June 2012, where a total of R900 million was raised.
Instrument Type Senior Floating Rate Notes
Total Notes in Issue: R11.968 billion excluding this
issuance of Notes
Instrument Code: ABL14
Issue Date: 9 October 2012
Nominal Issued: R709,000,000
Issue Price: 100%
Interest Rate: 7.075% (3month Jibar as at 4 October 2012
of 5.075% plus 200bps)
Interest Commencement Date: 9 October 2012
Last Day to Register: By 17h00 on 29 December, 29 March, 28 June
and 28 September of each year until the
Maturity Date
Books Close: 30 December, 30 March, 29 June and 29
September of each year until the Maturity
Date
Interest Determination Date: 9 January, 9 April, 9 July and 9 October of
each year until the Maturity Date. The
first Interest Rate Determination Date
shall be 4 October 2012
Maturity Date: 9 October 2015
ISIN No: ZAG000100371
Business Day Convention: Modified Following Business Day
Instrument Code: ABL15
Issue Date: 9 October 2012
Nominal Issued: R191,000,000
Issue Price: 100%
Interest Rate: 7.715% (3month Jibar as at 4 October 2012
of 5.075% plus 264bps)
Interest Commencement Date: 9 October 2012
Last Day to Register: By 17h00 on 29 December, 29 March, 28 June
and 28 September of each year until the
Maturity Date
Books Close: 30 December, 30 March, 29 June and 29
September of each year until the Maturity
Date
Interest Determination Date: 9 January, 9 April, 9 July and 9 October of
each year until the Maturity Date. The
first Interest Rate Determination Date
shall be 4 October 2012
Maturity Date: 9 October 2017
ISIN No: ZAG000100389
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.
9 October 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 09/10/2012 10:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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