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Absa Bank issues USD 2.35 million in credit-linked notes

PUBT·11/02/2026 09:35:07
Absa Bank issues USD 2.35 million in credit-linked notes
  • Absa Bank to issue USD 2.35 million of iTraxx Xover Credit-Linked Notes due December 20, 2029.
  • Issuance is scheduled for October 30, 2026, at 100% of the aggregate nominal amount.
  • The floating-rate notes pay SOFR plus 375 basis points, with interest payable quarterly.
  • The unsubordinated, unsecured notes are linked to iTraxx Europe Crossover Series 46 Version 1; credit events trigger partial redemption.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ABSA Bank Limited published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.