BDC has issued further notes under its existing BWP 1,000,000,000 Medium Term Note Programme. The terms of the issuance are as follows:

 1. BDC004 

Aggregate Nominal Value: BWP162,140,000 

Status: Senior Unsecured 

Maturity: 11 years (10-years WAL) 

Interest Profile: Fixed Rate 

Interest Rate: 8.000% p.a. payable semi-annually in arrears 

The Botswana Stock Exchange has approved the listing of the Notes effective on 29 September 2020.  

Note: this announcement does not constitute, nor form part of, an offer or invitation, or solicitation or inducement of an offer, to subscribe for or purchase any of the notes or other securities of the Issuer, nor is this announcement circulated to invite offers for any securities of the Issuer. Copies of the Programme Memorandum, the Audited Financial Statements in respect of the 12 months ended 30 June 2019, and the Applicable Pricing Supplement are available at the Issuer’s offices as specified below. For any further information, please contact Benedicta Abosi via email: Benedicta@bdc.bw 

28 September 2020