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BIFR1 - FirstRand Bank Limited - Listing of New Financial Instrument

Release Date: 30/05/2012 12:50
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 FRC113 Credit Linked Note, in terms of its ZAR30,000,000,000 Note Programme dated 29 November 2011. INSTRUMENT TYPE: Credit Linked Notes Total Notes in Issue: R 2,372,220,000.00 Instrument Code: FRC113 Nominal Issued: R 40,000,000.00 Issue Price: 100% Interest Rate: 8.62% (3 month JIBAR as at 29 May 2012 Of 5.60% plus 302bps) Coupon Rate Indicator: Floating rate Issue Date: 29 May 2012 Interest Commencement Date: 29 May 2012 First Interest Date: 20 June 2012 Scheduled Termination Date: 20 June 2017 Last day to Register: By 17h00 on 14 June, 14 September, 14 December and 14 March in each year
until the Maturity Date Books Close: 15 June, 15 September, 15 December And 15 March in each year until the Maturity Date
Interest Payment Dates: 20 June, 20 September, 20 December and 20 March until the Maturity Date ISIN: ZAG000095761 Business Day Convention: Modified 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. 30 May 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 30/05/2012 12:50:00 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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