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BIDVESTCO LIMITED - BIBIDV - Notification of a Change in Debt Sponsor

Release Date: 03/10/2024 17:45
Code(s): BID17 BID16 BID21 BID20 BID15 BID19 BID18     PDF:  
Wrap Text
BIBIDV - Notification of a Change in Debt Sponsor

Bidvestco Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1966/011512/06)
Company code: BIBIDV
LEI: 3789004678BDF4374378
("Bidvestco" or the "Issuer")

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 Bidvestco, effective 3 October 2024, due to RMB deciding to wind down its regulatory debt
sponsor business.

Bidvestco further advises noteholders that Nedbank Limited, acting through its Corporate and
Investment Banking division, has been appointed as debt sponsor effective 4 October 2024.


3 October 2024

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

Date: 03-10-2024 05:45:00
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