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FIRSTRAND BANK LIMITED - New Instrument Listing-FRS113

Release Date: 25/04/2014 14:12
Code(s): FRS113     PDF:  
Wrap Text
New Instrument Listing-FRS113

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000115478
(FRB)


LISTING OF NEW INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS113 Floating Rate Note, in terms of its ZAR30 000 000 000
Note Programme dated 29 November 2011.

INSTRUMENT TYPE:             Unsecured Structured Notes
Total Notes in Issue:        R9 113 239 929.00

Instrument Code:             FRS113
Nominal Issued:              R25 000 000.00
Issue Price:                 100.00%
Coupon Rate Indicator:       Floating
Issue Date:                  29 April 2014
Interest Payment Dates:      29 July, 29 October, 29 January and 29
                             April in each year until Maturity Date
Interest Commencement Date: 29 April 2014
First Interest Payment Date: 29 July 2014
Maturity Date:               29 April 2019
Last day to Register:        By 17:00 on 24 July, 24 October, 24
                             January and 24 April in
                             each year until Maturity Date
Books Close:                 25 July, 25 October, 25 January and 25
                             April in each year until Maturity Date
ISIN:                        ZAG000115478
Business Day Convention:     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;
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.


25 April 2014

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

Date: 25/04/2014 02:12:00 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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