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Absa issues two bonds of approximately ZAR2 billion
Absa Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
("Absa")
JSE CODE: ASA
Issuer code: AMAGB
ISIN CODE: ZAE000067237
Absa issues two bonds of approximately ZAR2 billion
Absa has successfully issued approximately ZAR2 billion senior unsecured bonds
with two different maturities under its ZAR15 billion listed Domestic Medium
Term Note Programme. This is Absa"s first listed senior unsecured issue in the
capital market.
Details of the bond issue:
ABS1
Stock Code ABS1
Settlement Date: 3 October 2005
Principal Amount: ZAR1,000,000,000
Maturity Date: 3 July 2008
Coupon: Three-month Jibar plus 0.28 percent
Coupon Dates: 3 January, 3 April, 3 July and 3
October
Books close Date: 25 March, 24 June, 24 September and
25 December
Issue Price: 100.00
Listing: Bond Exchange of South Africa
Issue Spread: 28 bps above three month Jibar
ABS3
Stock Code ABS3
Settlement Date: 3 October 2005
Principal Amount: ZAR1,002,000,000
Maturity Date: 3 April 2011
Coupon: 8.45%
Coupon Dates: 3 April and 3 October
Books close Date: 25 March and 24 September
Issue Price: 100.43392
Listing: Bond Exchange of South Africa
Issue Spread: 45 bps over R153
Absa Corporate and Merchant Bank, a division of Absa Bank Limited, placed the
bonds.
Ends
For more information, please contact: Liezl Squier
Account Executive: Absa Corporate and Merchant Bank
Group Marketing and Communication
Tel: (011) 350-4291
Cell: 082 375 3554
E-mail: liezls@absa.co.za mailto:liezls@absa.co.za
Lead Sponsor
Merrill Lynch South Africa (Pty) Limited
Co-Sponsor
ABSA Corporate and Merchant Bank
Date: 04/10/2005 12:40:03 PM Produced by the JSE SENS Department
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