African Bank Launches First Tranche Of Bond Progra
AFRICAN BANK INVESTMENTS LIMITED
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ISIN : ZAE000030060
African Bank launches first tranche of Bond Programme
Further to the press release on 27 August 2001, in which African Bank
announced the launch of a R3.5 billion Domestic Medium Term Note (DMTN),
African Bank wishes to announce that it has launched the first tranche of
this bond programme. The initial issue is estimated to be between R750
million and R1billion and is expected to have a maturity of just over 3
years. Details of the pricing, terms and the amount raised will be announced
as soon as the transaction has been finalised. Deutsche Bank and BOE Bank
have been appointed as joint lead managers.
Issued by: African Bank Media Relations
Wim Erasmus: Group Treasurer
African Bank
Tel: (011) 256 9758
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