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New Intsrument Listing - FRC157 FRC158 FRC159
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 FRC157, FRC158 and FRC159 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: R3,385,225,000.00
Instrument Code: FRC157
Nominal Issued: R150,000,000.00
Issue Price: 100%
Interest Rate: 5.725% (3 month Jibar as at 11 December
2012 of 5.125% plus 60 basis points)
Coupon Rate Indicator: Credit Linked
Issue Date: 11 December 2012
Interest Commencement Date: 11 December 2012
First Interest Date: 30 December 2012
Maturity Date: 30 September 2013
Last day to Register: By 17:00 on 25 March, 25 June, 25
September and 25 December in each year
until the Maturity Date
Books Close: 26 March, 26 June, 26 September and
26 December in each year until the
Maturity Date
Interest Payment Date: 30 March, 30 June, 30 September and
30 December in each year until the
Maturity Date
ISIN: ZAG000082629
Business Day Convention: Modified Following Business Day
Instrument Code: FRC158
Nominal Issued: R200,000,000.00
Issue Price: 100%
Interest Rate: 5.975% (3 month Jibar as at 11 December
2012 of 5.125% plus 85 basis points)
Coupon Rate Indicator: Credit Linked
Issue Date: 11 December 2012
Interest Commencement Date: 11 December 2012
First Interest Date: 11 March 2013
Maturity Date: 11 June 2014
Last day to Register: By 17:00 on 06 March, 06 June, 06
September and 06 December in each year
until the Maturity Date
Books Close: 07 March, 07 June, 07 September and
07 December in each year until the
Maturity Date
Interest Payment Date: 11 March, 11 June, 11 September and
11 December in each year until the
Maturity Date
ISIN: ZAG000078601
Business Day Convention: Modified Following Business Day
Instrument Code: FRC159
Nominal Issued: R14,000,000.00
Issue Price: 100%
Interest Rate: 5.725% (3 month Jibar as at 11 December
2012 of 5.125% plus 60 basis points)
Coupon Rate Indicator: Credit Linked
Issue Date: 11 December 2012
Interest Commencement Date: 11 December 2012
First Interest Date: 30 December 2012
Maturity Date: 30 September 2013
Last day to Register: By 17:00 on 25 March, 25 June, 25
September and 25 December in each year
until the Maturity Date
Books Close: 26 March, 26 June, 26 September and
26 December in each year until the
Maturity Date
Interest Payment Date: 30 March, 30 June, 30 September and
30 December in each year until the
Maturity Date
ISIN: ZAG000101999
Business Day Convention: Modified Following Business Day
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.
13 December 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 13/12/2012 10:15:00 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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