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FIRSTRAND BANK LIMITED - Listing of Tap Issue - FRX23

Release Date: 12/06/2013 13:09
Code(s): FRX23     PDF:  
Wrap Text
Listing of Tap Issue - FRX23

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000104969
(“FRB”)


LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRX23 Fixed Rate Notes, in terms of its ZAR50,000,000,000
Domestic Medium Term Note Programme dated 29 November 2011.

INSTRUMENT TYPE:              Fixed Rate Notes
Total Notes in Issue:         R38,250,821,803.27


Instrument Code:              FRX23
Nominal Issued:               R100,000,000.00
Issue Price:                  90.01022%
Total FRX23 Notes in Issue:   R400,000,000.00
Interest Rate:                7.75%
Coupon Rate Indicator:        Fixed Rate
Issue Date:                   13 June 2013
Interest Commencement Date:   28 February 2013
Maturity Date:                28 February 2023
Last day to Register:         By 17h00 on 17 February and 20 August in
                              each year until the Maturity Date
Books Close:                  18 February and 21 August in each year
                              until the Maturity Date
Interest Payment Dates:       28 February and 31 August in each year
                              Until the Maturity Date
ISIN:                         ZAG000104969
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.


12 June 2013

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 12/06/2013 01:09:00 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
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