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FIRSTRAND BANK LIMITED - FRJ22 FRJ24 FRJ26 and FRJ29 - Listing of New Financial Instruments and Tap Issue

Release Date: 13/02/2019 16:35
Code(s): FRJ22 FRJ24 FRJ26 FRJ29     PDF:  
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FRJ22 FRJ24 FRJ26 and FRJ29 - Listing of New Financial Instruments and Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRJ24 ISIN: ZAG000156977
Bond code: FRJ26 ISIN: ZAG000156969
Bond code: FRJ29 ISIN: ZAG000156951
Bond code: FRJ22 ISIN: ZAG000142498
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENTS AND TAP ISSUE

LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FirstRand Bank Limited the listing of its senior unsecured floating rate notes, in
terms of its domestic medium term note (DMTN) programme dated 1 November 2018, effective 14 February
2019.

Type of debt security:                       Floating rate notes

Debt security code:                          FRJ24
ISIN:                                        ZAG000156977
Nominal issued:                              ZAR 1 125 000 000.00
Coupon rate:                                 3 month JIBAR plus 135 basis points
Maturity date:                               14 February 2024

Debt security code:                          FRJ26
ISIN:                                        ZAG000156969
Nominal issued:                              ZAR 506 000 000.00
Coupon rate:                                 3 month JIBAR plus 145 basis points
Maturity date:                               14 February 2026

Debt security code:                          FRJ29
ISIN:                                        ZAG000156951
Nominal issued:                              ZAR 777 000 000.00
Coupon rate:                                 3 month JIBAR plus 169 basis points
Maturity date:                               14 August 2029

Issue date:                                  14 February 2019
Issue price:                                 100%
Interest commencement date:                  14 February 2019
Interest determination date(s):              14 February, 14 May, 14 August and 14 November of each year until
                                             maturity, with the first interest determination date being 11 February 2019
First interest payment date:                 14 May 2019
Interest payment date(s):                    14 February, 14 May, 14 August and 14 November of each year until
                                             maturity
Last day to register:                        By 17:00 on 8 February, 8 May, 8 August and 8 November of each year
                                             until maturity
Books close:                                 9 February, 9 May, 9 August and 9 November of each year until maturity
Business day convention:                     Following Business day
Final maturity amount:                       100% of Nominal Issued


LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the additional listing of its senior unsecured floating
rate notes, in terms of its domestic medium term note (DMTN) programme dated 14 October 2015, effective
14 February 2019.
Debt security code:                          FRJ22
ISIN:                                        ZAG000142498
Type of debt security:                       Floating rate notes
Nominal before issue:                        ZAR 3 614 000 000.00
Nominal issued:                              ZAR 554 000 000.00
Nominal after issue:                         ZAR 4 168 000 000.00
Issue date:                                  14 February 2019
Issue price:                                 102.69300%
Coupon rate:                                 3 month JIBAR plus 155 basis points
Interest commencement date:                  7 December 2018
Interest determination date(s):              7 March, 7 June, 7 September and 7 December of each year until
                                             maturity, with the first interest determination date being 7 December 2018
First interest payment date:                 7 March 2019
Interest payment date(s):                    7 March, 7 June, 7 September and 7 December of each year until
                                             maturity
Last day to register:                        By 17:00 on 1 March, 1 June, 1 September and 1 December of each year
                                             until maturity
Books close:                                 2 March, 2 June, 2 September and 2 December of each year until
                                             maturity
Business day convention:                     Following Business day
Maturity date:                               7 March 2022
Final maturity amount:                       100% of Nominal Issued


Other:                                       The pricing supplements do not contain additional terms and conditions
                                             or changes to the terms and conditions as contained in the DMTN
Summary of additional terms:                 Not applicable

Programme amount:                            ZAR 100 000 000 000.00
Total notes in issue under programme:        ZAR 66 131 980 829.61, inclusive of all issuances under the FRB
                                             DMTN programmes
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division

The notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.


13 February 2019

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 13/02/2019 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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