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ABSA BANK LIMITED
(Registration number 1986/004794/06)
(the “Issuer”)
Bond Code: ASN310
ISIN No: ZAG000156431
Bond Code: ASN369
ISIN No: ZAG000162678
(the “Notes”)
Notice of Credit Event
Notice is hereby given to all holders of the Notes listed above which were issued under the Issuers’ Master Structured
Note Programme (“MSNP”) that the Issuer has determined that an Obligation Default Credit Event has occurred in
respect of Vue Entertainment International Limited. which is one of the Reference Entities included in the Applicable
Pricing Supplements relating to the Notes.
Interest will accordingly cease to accrue in respect of the portion relating to Vue Entertainment International Limited
(the “Affected Portion”) from the 29th of September 2023.
The Calculation Agent will determine and deliver the relevant Deliverable Obligation(s) in respect of the Affected Portion
minus Swap Costs in accordance with the relevant Applicable Pricing Supplement read with the Master Structured Note
Programme and the relevant Applicable Product Supplement.
Under the terms of the Notes, the amount of the Notes equal to the Reference Entity Nominal Amount will be redeemed
and delisted. Therefore, the following redemptions will apply effective the 29th of September 2023.
Capital Redemption Amount Outstanding After
Amount Capital Redemption
ASN310- ZAG000156431 R 706,666.67 R 49,866,666.69
ASN369- ZAG000162678 R 800,000.00 R 55,200,000.00
28 September 2023
Debt Sponsor
Absa Bank Limited, acting through its Corporate and Investment Banking division
