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FIRSTRAND BANK LIMITED - FRJ25 - Listing of Tap Issue

Release Date: 16/09/2016 15:10
Code(s): FRJ25     PDF:  
Wrap Text
FRJ25 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: FRII
ISIN: ZAG000124256
(FRB)


LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRJ25 Note, in terms of its ZAR80 000 000 000 Domestic Medium
Term Note Programme dated 14 October 2015.

Total Notes in Issue:         R 70 157 436 000.00, excluding these
                              issue of notes

Tap Amount                    ZAR 150,000,000.00
Nominal Following Tap Issue   ZAR 616,000,000.00

Instrument Code:              FRJ25
Nominal Issued:               R 150 000 000.00
Issue Price:                  100.846%
Coupon Rate:                  9.358% (3 Month JIBAR as at 9 September
                              2016 of 7.358% plus 200bps)
Coupon Rate Indicator:        Floating Rate Note
Issue Date:                   20 September 2016
Interest Commencement Date:   9 September 2016
First Interest Payment Date:  9 December 2016
Maturity Date:                9 March 2025
Interest Payment Dates:       9 December, 9 March, 9 June,
                              9 September
Last day to Register:         By 17:00 on 3 December, 3 March, 3 June
                              and 3 September
Books Close:                  4 December 4 March, 4 June, 4 September
ISIN:                         ZAG000124256
Business Day Convention:      Following Business Day


Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited

The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.


16 September 2016

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 16/09/2016 03:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
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 information disseminated through SENS.