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BIABS - Notice of Credit Event and Partial Redemption
ABSA BANK LIMITED
(Registration number 1986/004794/06)
("the Issuer")
Bond Code: ASN634
ISIN No: ZAG000177320
Bond Code: ASN681
ISIN No: ZAG000179193
Bond Code: ASN936
ISIN No: ZAG000190745
Bond Code: ASN973
ISIN No: ZAG000193202
Bond Code: ASC149
ISIN No: ZAG000207564
("the Notes")
Notice of Credit Event and Partial Redemption
Notice is hereby given to all holders of the Notes which were issued under the Issuers' Master Structured Note
Programme ("MSNP") that a Credit Event has occurred in respect of Altice France S.A. which is one of the Reference
Entities included in the Applicable Pricing Supplement relating to the Notes.
Interest will accordingly cease to accrue in respect of the Reference Entity Nominal Amount of the Notes related to Altice
France S.A. (the "Affected Portion") with effect from the prior Interest Payment Date in accordance with the provisions of
the relevant Applicable Pricing Supplements.
Noteholders are hereby advised that the write-down in accordance with the terms
The Cash Amount for the relevant Note will be determined in respect of the Affected Portion minus Swap Costs in
accordance with the relevant Applicable Pricing Supplements read with the MSNP and the relevant Applicable Product
Supplements.
Under the terms of the Notes, the amount of the Notes equal to the Reference Entity Nominal Amount will be redeemed
and delisted upon determination of the swap costs.
Record Date: 09 September 2025
Payment Date: 12 September 2025
Effective Date: 12 September 2025
Settlement to occur outside of the CSD.
Notes Cash Amount of the Nominal Amount of Nominal Outstanding
Affected Portion: the Affected Portion After Capital Redemption
ASN634-ZAG000177320 348,240.20 R400,000.00 R28,800,000.00
ASN681-ZAG000179193 1,162,214.70 R1,333,333.33 R96,000,000.00
ASN936-ZAG000190745 1,129,663.89 R1,333,333.33 R96,000,000.00
ASN973-ZAG000193202 1,164,144.40 R1,333,333.33 R96,000,000.00
ASC149-ZAG000207564 2,832,547.84 R3,333,333.33 R243,333,333.33
10 September 2025
Debt Sponsor
Absa Bank Limited, acting through its Corporate and Investment Banking division
Date: 10-09-2025 04:55:00
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