| Fri 6 Sep 2024, 13:52 | | New Financial Instrument Listing: ASC164 and ASC165 |
|
New Financial Instrument Listing: ASC164 and ASC165
ABSA BANK LIMITED
(Incorporated with limited liability on 26 November 1986 under registration number 1986/004794/06 in the Republic of
South Africa)
Bond Code: ASC164
ISIN No: ZAG000208570
Bond Code: ASC165
ISIN No: ZAG000208588
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted financial instrument listings to the ABSA BANK LIMITED "ASC164 and ASC165" notes
under its Master Structured Note Programme Memorandum. The Master Structured Note Programme is available on the
issuer's website at https://www.absa.africa/absaafrica/investor-relations/debt-investors/
Authorised Programme size R80,000,000,000.00
Total Notes in issue R60,326,813,487.76 (Including these tranches)
Full Note details are as follows:
Instrument Type Credit Linked Note
Bond Code ASC164
Nominal Issued ZAR129,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 173 basis points (or 1.73%)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 28 February 2031
Last Day to Register by 17:00 on 17 February, 20 May, 20 August and 19 November of
each calendar year and during a leap year the last date to register
will be 18 February rather than 17 February
Books Closed Period 18 February, 21 May, 21 August and 20 November
Interest Payment Dates 28 February, 31 May, 31 August and 30 November of each
calendar year during the term of the Notes, commencing on 30
November 2024 and ending on 28 February 2031 and during a leap
year, the Interest Payment Date will be 29 February
Interest Rate Determination Dates 05 September 2024, thereafter each of 28 February, 31 May, 31
August and 30 November in each calendar year, during the term of
the Notes, ending on 30 November 2030
Interest Commencement Date Issue Date
Issue Date 09 September 2024
Date Convention Following
ISIN No. ZAG000208570
Additional Information Unsubordinated Unsecured
Full Note details are as follows:
Instrument Type Mixed Rate Note
Bond Code ASC165
Nominal Issued ZAR40,000,000.00
Issue Price 100%
Coupon 3 Month JIBAR plus 150 basis points (or 1.5%) from and including
Interest Commencement Date up to 30 September 2028,
thereafter 10.90% per annum payable quarterly on the Fixed
Interest Payment Dates until 31 March 2030, 11.85% per annum
payable quarterly on the Fixed Interest Payment Dates until 31
March 2032
Coupon Rate Indicator Floating
Trade Type Price
Maturity Date 31 March 2032
Last Day to Register by 17:00 on 20th March, 19th June, 19th September and 20th
December of each calendar year until 30 September 2028, each
fixed interest payment date of 20th March, 19th June, 19th
September and 20th December
Books Closed Period 21st March, 20th June, 20th September and 21st December,
thereafter, each of 21st March,20th June, 20th September and 21st
December
Interest Payment Dates 31 March, 30 June, 30 September and 31 December with the first
Floating Interest Payment Date being 30 September 2024 and
ending on 30 September 2028, and thereafter h 31 March, 30
June, 30 September, and 31 December commencing on 31
December 2028 and ending on the Maturity Date.
Interest Rate Determination Dates 06 September 2024, thereafter each of 31 March, 30 June, 30
September and 31 December in each calendar year, during the
term of the Notes, ending on 30 June 2028
Interest Commencement Date Issue Date
Issue Date 09 September 2024
Date Convention Following
ISIN No. ZAG000208588
Additional Information Unsubordinated Unsecured
06 September 2024
Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 06-09-2024 01:52:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
