Obligation Africa Finance Corporation 3.875% ( XS1598047550 ) en USD

Africa Finance Corporation

107 % ⇌

Nigeria

XS1598047550 ( en USD )

3.875% par an ( paiement semestriel )

13/04/2024

Prospectus brochure de l'obligation Africa Finance Corporation XS1598047550 en USD 3.875%, échéance 13/04/2024

200 000 USD

500 000 000 USD

13/10/2023 ( Dans 14 jours )

L'Obligation émise par Africa Finance Corporation ( Nigeria ) , en USD, avec le code ISIN XS1598047550, paye un coupon de 3.875% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 13/04/2024

13 881 702 pages visitées dont 21 229 aujourd'hui
2 105 768 visiteurs dont 2 187 aujourd'hui

Final Terms dated 11 April 2017
AFRICA FINANCE CORPORATION
Issue of U.S.$500,000,000 3.875 per cent. Notes due 2024
under the
U.S.$3,000,000,000 Global Medium Term Note Programme
PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth
in the Base Prospectus dated 29 March 2017 (the "Base Prospectus") which constitutes a base
prospectus for the purposes of the Prospectus Directive (for the purposes of these Final Terms,
Directive 2003/71/EC (as amended, including by Directive 2010/73/EU) and including any relevant
implementing measure in the relevant member state) (the "Prospectus Directive"). This document
constitutes the Final Terms of the Notes described herein for the purposes of Article 5(4) of the
Prospectus Directive and must be read in conjunction with the Base Prospectus. Full information on
the Issuer and the offer of the Notes is only available on the basis of the combination of these Final
Terms and the Base Prospectus. The Base Prospectus and the Final Terms have been published on the
website of the Irish Stock Exchange (www.ise.ie) and the website of the Central Bank of Ireland
(www.centralbank.ie).
1.
Issuer:
Africa Finance Corporation

2.
(a)
Series Number:
9

(b)
Tranche Number:
1

3.
Specified Currency or Currencies:
U.S. dollars ("U.S.$")

4.
Aggregate Nominal Amount:

(a)
Series:
U.S.$500,000,000

(b)
Tranche:
U.S.$500,000,000

5.
Issue Price:
99.243 per cent. of the Aggregate Nominal
Amount
6.
(a)
Specified Denominations:
U.S.$200,000 and integral multiples of
U.S.$1,000 in excess thereof

(b)
Calculation Amount:
U.S.$1,000

7.
(a)
Issue Date:
13 April 2017

(b)
Interest Commencement Date
Issue Date

8.
Maturity Date:
13 April 2024

9.
Interest Basis:
3.875 per cent. Fixed Rate

(further particulars specified below see
"Provisions relating to Interest (if any) payable")

10.
Redemption Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100.0 per cent. of their nominal
amount.
11.
Put/Call Options:
Not Applicable

12.
(a)
Status of the Notes:
Senior, unsecured

(b)
Date Board approval(s) for 24 February 2017

issuance of Notes obtained:

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

13.
Fixed Rate Note Provisions:
Applicable

(a)
Rate(s) of Interest:
3.875 per cent. per annum payable semi-annually
in arrear

(b)
Interest Payment Date(s):
13 April, and 13 October in each year,
commencing on 13 October 2017, up to and
including the Maturity Date

(c)
Day Count Fraction:
30/360

(d)
Determination Date(s):
Not Applicable

14.
Floating Rate Note Provisions:
Not Applicable

15.
Zero Coupon Note Provisions:
Not Applicable

PROVISIONS RELATING TO REDEMPTION

16.
Investor Put:
Not Applicable

17.
Final Redemption Amount:
U.S.$1,000 per Calculation Amount

18.
Early Redemption Amount payable on As set out in Condition 7(e) (Redemption and
redemption for taxation reasons or on Purchase Early Redemption Amounts)
event of default:

GENERAL PROVISIONS APPLICABLE TO THE NOTES

19.
Form of Notes:
Registered Notes:

Regulation S Global Note registered in the name
of a nominee for a common depositary for
Euroclear and Clearstream, Luxembourg which
is exchangeable for Definitive Registered Notes
only upon an Exchange Event

Rule 144A Global Note registered in the name of

a nominee for DTC which is exchangeable for
Definitive Registered Notes only upon an
Exchange Event
20.
Additional Financial Centre(s):
Not Applicable

21.
Talons for future Coupons to be No

attached to Definitive Notes:
22.
RMB Currency Events:
Not Applicable

PURPOSE OF FINAL TERMS
These Final Terms comprise the final terms required for issue and admission to trading on the Irish
Stock Exchange's regulated market and listing on the Official List of the Irish Stock Exchange of the
Notes described herein pursuant to the U.S.$3,000,000,000 Global Medium Term Note Programme of
Africa Finance Corporation.

PART B OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING

(i)
Listing:
Irish Stock Exchange

(ii)
Admission to trading:
Application has been made by the Issuer for the

Notes to be admitted to trading on the Irish
Stock Exchange's regulated market with effect
from 13 April 2017.
(iii)
Estimate of total expenses related 600

to admission to trading:
2.
RATINGS

Ratings:
The Notes to be issued are expected to be rated:

Moody's Investor Services: A3

Moody's Investor Services is established in the

EEA and is registered under Regulation (EU) No
1060/2009, as amended.
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save for any fees payable to the Managers as discussed in the "Subscription and Sale" section

of the Base Prospectus, so far as the Issuer is aware, no person involved in the issue of the
Notes has an interest material to the offer.
4.
YIELD
4.000 per cent.

Indication of yield:
The yield is calculated at the Issue Date on the

basis of the Issue Price. It is not an indication of
future yield.
5.
OPERATIONAL INFORMATION

(i)
Regulation S ISIN Code:
XS1598047550

(ii)
Regulation S Common Code:
159804755

(iii)
Rule 144A ISIN Code:
US00830YAB74

(iv)
Rule 144A Common Code:
159805352

(v)
Rule 144A CUSIP:
00830YAB7

(vi)
Any clearing system(s) other than Not Applicable

Euroclear Bank SA/NV and
Clearstream Banking, société
anonyme/The Depository Trust
Company and the relevant
identification number(s):
(vii)
Delivery:
Delivery against payment

(viii)
Names and addresses of
Not applicable

additional Paying Agent(s) (if

any):
(ix)
Name and address of Registrar:
Citibank, N.A., London Branch

Citigroup Centre
25 Canada Square
Canary Wharf
London
E14 5LB
United Kingdom
6.
DISTRIBUTION

(i)
Method of distribution:
Syndicated

(ii)
If syndicated, names of Managers: Citigroup Global Markets Limited

J.P. Morgan Securities plc
MUFG Securities EMEA plc
Standard Chartered Bank
(iii)
Date of Subscription Agreement:
11 April 2017

(iv)
Stabilising Manager(s) (if any):
MUFG Securities EMEA plc

(v)
If non-syndicated,
name of Not Applicable

relevant Dealer:
(vi)
U.S. Selling Restrictions:
Reg. S Compliance Category 2/ Rule 144A/
TEFRA not applicable