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BIFR1 - FirstRand Bank Limited - Listing of New Financial Instrument

Release Date: 25/01/2012 17:32
Code(s): JSE
Wrap Text

BIFR1 - FirstRand Bank Limited - Listing of New Financial Instrument FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Company code: BIFR1 ("FRB") LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted FirstRand Bank Limited the listing of its FRB10 Subordinated Floating Rate Notes, in terms of its ZAR50,000,000,000 Domestic Medium Term Note Programme dated 29 November 2011. INSTRUMENT TYPE: Floating Rate Notes Total Notes in Issue: R30,227,921,803.27 Instrument Code: FRB10 Nominal Issued: R 1,000,000,000.00 Issue Price: 100% Interest Rate: 7.596% (3 month Jibar as at 25 January 2012 of 5.596% + 200bps) Coupon Rate Indicator: Floating Rate Issue Date: 25 January 2012 Interest Commencement Date: 25 January 2012 First Interest Date: 25 April 2012 Maturity Date: 25 January 2022 Last day to Register: By 17h00 on 19 January, 19 April, 19 July and 19 October in each year until the
Maturity Date Books Close: 20 January, 20 April, 20 July and 20 October in each year until the Maturity Date
Interest Payment Dates: 25 January, 25 April, 25 July and 25 October of each year the Notes are in issue ISIN: ZAG000092487 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. 25 January 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 25/01/2012 17:32:01 Supplied by www.sharenet.co.za 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, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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