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AFRICAN BANK HOLDINGS LIMITED - ABKI ABLI - Notification of a Change in Debt Sponsor

Release Date: 30/08/2024 15:00
Code(s): ABH001 ABJ01 ABKS02 ABJ05 ABJ06 ABJ07 ABJ03 ABJ04     PDF:  
Wrap Text
ABKI ABLI - Notification of a Change in Debt Sponsor

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
LEI: 2549008X8SL1B1J86F98
Company code: ABKI
(the "Bank" or "African Bank")

AFRICAN BANK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration No.: 2014/176855/06)
Company code: ABLI
LEI: 254900UUEMIK0XL5A056
("ABHL" or the "Group")

NOTIFICATION OF A CHANGE IN DEBT SPONSOR

Pursuant to paragraph 2.5 of the JSE Limited Debt Listings Requirements, noteholders are
hereby advised that Rand Merchant Bank, a division of FirstRand Bank Limited ("RMB"), has
resigned as debt sponsor to African Bank and ABHL, effective 31 August 2024, due to RMB
deciding to wind down its regulatory debt sponsor business.

African Bank and ABHL further advises noteholders that The Standard Bank of South Africa
Limited has been appointed as debt sponsor, effective 1 September 2024.


30 August 2024

Debt Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 30-08-2024 03:00:00
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