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BIFR1 - FirstRand Bank Limited - Listing of New Financial Instruments

Release Date: 14/06/2012 16:57
Code(s): JSE
Wrap Text

BIFR1 - FirstRand Bank Limited - Listing of New Financial Instruments FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Company code: BIFR1 ("FRB") LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted FirstRand Bank Limited the listing of its FRC121, FRC122 and FRC123 Credit Linked Notes, in terms of its ZAR30,000,000,000 Note Programme dated 29 November 2011. INSTRUMENT TYPE: Credit Linked Notes Total Notes in Issue: R 2,561,245,000.00 Instrument Code: FRC121 Nominal Issued: R 5,000,000.00 Issue Price: 100% Interest Rate: 8.165% (3 month JIBAR as at 14 June 2012 of 5.595% + 257 basis points) Coupon Rate Indicator: Credit Linked Issue Date: 14 June 2012 Interest Commencement Date: 14 June 2012 First Interest Date: 20 September 2012 Scheduled Termination Date: 20 June 2017 Last day to Register: By 17:00 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 Date: 20 June, 20 September, 20 December and 20 March in each year until the Maturity Date ISIN: ZAG000096314 Business Day Convention: Modified Following Business Day Instrument Code: FRC122 Nominal Issued: R 5,000,000.00 Issue Price: 100% Interest Rate: 9.345% (3 month JIBAR as at 14 June 2012 of 5.595% + 375 basis points) Coupon Rate Indicator: Credit Linked Issue Date: 14 June 2012 Interest Commencement Date: 14 June 2012 First Interest Date: 20 September 2012 Scheduled Termination Date: 20 June 2017 Last day to Register: By 17:00 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 Date: 20 June, 20 September, 20 December and 20 March in each year until the Maturity Date
ISIN: ZAG000096322 Business Day Convention: Modified Following Business Day Instrument Code: FRC123 Nominal Issued: R 5,000,000.00 Issue Price: 100% Interest Rate: 12.535% (3 month JIBAR as at 14 June 2012 of 5.595% + 694 basis points) Coupon Rate Indicator: Credit Linked Issue Date: 14 June 2012 Interest Commencement Date: 14 June 2012 First Interest Date: 20 September 2012 Scheduled Termination Date: 20 June 2017 Last day to Register: By 17:00 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 Date: 20 June, 20 September, 20 December and 20 March in each year until the Maturity
Date ISIN: ZAG000096272 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. This note has been privately placed by FirstRand Bank Limited. Any prospective purchaser of the note should contact FirstRand Bank Limited for details of the terms of the note. In this regard, prospective purchasers should be aware that: 1. The note issued is subject to the terms and conditions of the pricing supplement agreed between the Issuer and the subscriber(s) for the note and the Terms and Conditions of the Notes as set out in the Programme Memorandum dated 29 November 2011 in respect of the Issuer`s Note Programme; 2. The performance of each note issued is linked to the performance of an underlying third party entity and/or obligation stipulated in the pricing supplement in respect of the note and accordingly, as the prospective purchaser will assume credit exposure to both the Issuer and such entity and/or obligation, the note is only suitable for purchase by financially sophisticated investors after conducting all relevant independent investigations. The risks pertaining to credit-linked notes generally are more fully set out in the Programme Memorandum. Copies of the Programme Memorandum are available from the Issuer. 14 June 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 14/06/2012 16:57:01 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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