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FIRSTRAND BANK LIMITED - FRB15 - Notification of a Full Capital Reduction of Listed Debt Securities

Release Date: 05/02/2020 09:15
Code(s): FRB15     PDF:  
Wrap Text
FRB15 - Notification of a Full Capital Reduction of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRB15
ISIN: ZAG000124199
(FRB)


NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 80 000 000 000 domestic medium term note
(DMTN) programme dated 13 October 2015, as amended or supplemented from time to time, noteholders
are herewith advised of the full capital reduction of the FRB15 notes.

Bond code:                                                FRB15
ISIN:                                                     ZAG000124199
Amount before reduction:                                  ZAR 2 000 000 000.00
Reduction amount:                                         ZAR 2 000 000 000.00
Amount after reduction:                                   ZAR 0.00
Settlement / redemption amount:                           ZAR 2 000 000 000.00
Record date:                                              28 February 2020
Pay date / early redemption date:                         6 March 2020

The full capital reduction is due to the early redemption of the listed debt securities by FRB.


5 February 2020

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 05-02-2020 09:15:00
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