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FIRSTRAND BANK LIMITED - FRJ23 - Listing of Tap Issue

Release Date: 26/02/2018 17:30
Code(s): FRJ23     PDF:  
Wrap Text
FRJ23 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRJ23
ISIN: ZAG000149436
(FRB)

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 and
approved by the JSE on 13 October 2015, effective 28 February 2018.

Debt security code:                          FRJ23
ISIN:                                        ZAG000149436
Type of debt security:                       Floating rate notes
Nominal before issue:                        ZAR 670 000 000.00
Nominal issued:                              ZAR 505 000 000.00
Nominal after issue:                         ZAR 1 175 000 000.00
Issue date:                                  28 February 2018
Issue price:                                 100.883%
Coupon rate:                                 3 month JIBAR plus 145 basis points
Interest commencement date:                  31 January 2018
Interest determination date(s):              30 April, 31 July, 31 October and 31 January, with the first interest
                                             determination date being 31 January 2018
First interest payment date:                 30 April 2018
Interest payment date(s):                    30 April, 31 July, 31 October and 31 January of each year until maturity
Last day to register:                        By 17:00 on 24 April, 25 July, 25 October and 25 January of each year
                                             until maturity
Books close:                                 25 April, 26 July, 26 October and 26 January of each year until maturity
Business day convention:                     Following Business day
Maturity date:                               31 July 2023
Final maturity amount:                       100% of Nominal Issued
Other:                                       The pricing supplement does 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 80 000 000 000.00
Total notes in issue under programme:        ZAR 69 747 999 951.61, 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.


26 February 2018

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

Date: 26/02/2018 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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