This section provides debt information as part of our commitment to our debt investor base.
In 2005, Liberty Life became the first South African Life Assurer to issue a capital qualifying listed corporate bond. We received applications for over R4 billion. The full amount of R2 billion was raised and has been used to fund working capital requirements. Details of the bond are as follows:
| Description |
Creditor ranking key |
Issue date |
First call date |
Maturity date |
8.93% R2 billion
12 non-call
7 year bond |
Subordinated
Unsecured Secondary
Capital |
September 2005 |
September 2012 |
September 2017 |
More Debt Information