FIRSTRAND BANK LIMITED - New Instrument Listing - FRC182

Release Date: 12/09/2013 15:55
Code(s): FRC182
 
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New Instrument Listing - FRC182

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000108713
(“FRB”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRC182 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:         R4,916,064,928.00


Instrument Code:              FRC182
Nominal Issued:               R10,100,000.00
Issue Price:                  100%
Interest Rate:                8.193% (3.06% over 3 month Jibar as at
                              12 September 2013 of 5.133%)
Coupon Rate Indicator:        Floating
Issue Date:                   12 September 2013
Interest Commencement Date:   12 September 2013
First Interest Date:          26 October 2013
Maturity Date:                26 January 2021
Last day to Register:         By 17:00 on 21 October, 21 January,
                              21 April and 21 July in each year until
                              the Maturity Date
Books Close:                  22 October, 22 January, 22 April and
                              22 July in each year until the
                              Maturity date
Interest Payment Date:        26 October, 26 January, 26 April and
                              26 July in each year until the
                              Maturity Date
ISIN:                         ZAG000108713
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 September 2013

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

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