Absa calls ASC132 note after DISH DBS credit event triggers redemption
EchoStar Corporation Class A
EchoStar Corporation Class A ECHO | 0.00 |
- Absa called its ASC132 bond following a credit event tied to DISH DBS Corp.
- DISH DBS is a constituent of the underlying CDX NA HY CDSI Series 42 Version 1 index referenced by ASC132.
- Settlement and redemption terms for the DISH-related affected portion will be set under the applicable pricing supplements and the MSNP.
- Noteholders will be notified once the settlement and redemption amounts are determined.
- Notice dated July 7, 2026.
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. Absa Group 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: S523821), on July 07, 2026, and is solely responsible for the information contained therein.
