To view the PDF file, sign up for a MySharenet subscription.

DEVELOPMENT BANK OF SOUTHERN AFRICA - DIDBS - Change of Debt Sponsor

Release Date: 30/01/2025 12:40
Wrap Text
DIDBS - Change of Debt Sponsor

Development Bank of Southern Africa Limited
(Reconstituted and incorporated in terms of section 2 of the Development Bank of Southern Africa Act, 1997)
Registration number: 1600157FN
JSE company code: DIDBS
LEI code: 25490071AZ4HOFUNIH94
(the "DBSA" or the "Bank")

CHANGE OF DEBT SPONSOR

Noteholders are advised that the 4-year appointment of Rand Merchant Bank, a division of FirstRand Bank Limited
("RMB") as DBSA's independent debt sponsor will be coming to an end on 31 January 2025 by mutual consent.

Furthermore, DBSA wishes to advise noteholders that, following a procurement process initiated by DBSA due to
RMB's appointment coming to an end, the Bank has appointed Standard Bank Corporate Investment Banking, a
division of Standard Bank Limited, to serve as the Bank's independent debt sponsor for a period of 3 years with
effect from 31 January 2025.

30 January 2025

Debt sponsor
FirstRand Bank Limited




                                                                                                                  1

Date: 30-01-2025 12:40:00
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.