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Capitec to issue ZAR 2.5 billion in unsecured subordinated floating-rate notes

PUBT·11/09/2026 16:32:45
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Capitec to issue ZAR 2.5 billion in unsecured subordinated floating-rate notes
  • Capitec will issue ZAR 2.5 billion in unsecured subordinated Floating Rate Flac Notes on November 10, 2026.
  • Priced at 100% under a ZAR 60 billion programme, the notes pay interest quarterly starting February 10, 2027.
  • CLF01 totals ZAR 557 million, matures November 10, 2030, and pays compounded daily ZARONIA plus 92 basis points.
  • CLF02 totals ZAR 1.06 billion, matures November 10, 2032, and pays compounded daily ZARONIA plus 109 basis points.
  • CLF03 totals ZAR 884 million, matures November 10, 2034, and pays compounded daily ZARONIA plus 114 basis points.


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. Capitec Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S606307), on November 09, 2026, and is solely responsible for the information contained therein.