Wrap Text
Notice to elect payment of not interest- FRC78-9 FRC82 FRC95 FRC98 FRC117 & FRC175
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
(FRB)
(the Issuer)
FIRSTRAND BANK LIMITED
(Registration Number: 1929/001225/06)
(the Issuer)
NOTICE TO ELECT NO PAYMENT OF INTEREST IN TERMS OF PARAGRAPH 11
OF THE FIRSTRAND BANK LIMITED ZAR15,000,000,000 STRUCTURED NOTE AND
PREFERENCE SHARE PROGRAMME
1. In terms of this notice the Issuer of the Applicable Pricing Supplements issued under
the FirstRand Bank Limited ZAR15,000,000,000 Structured Note and Preference
Share Programme (the Programme) established pursuant to a programme
memorandum dated 11 February 2008 (the Programme Memorandum) elects to
make no Interest Payment on the next Interest Payment Date, which is 15 June 2015
to any Noteholders of:
1.1 applicable pricing supplement dated 10 October 2014 (the FRC78 Applicable
Pricing Supplement) in relation to the issue of ZAR22,350,000 Credit Linked
Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC78)
(the FRC78 Notes);
1.2 applicable pricing supplement dated 12 October 2011 (the FRC79 Applicable
Pricing Supplement) in relation to the issue of ZAR30,350,000 Credit Linked
Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC79)
(the FRC79 Notes);
1.3 applicable pricing supplement dated 17 November 2011 (the FRC82 Applicable
Pricing Supplement) in relation to the issue of ZAR20,000,000 Credit Linked
Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC82)
(the FRC82 Notes),
the FRC78 Notes, the FRC79 Notes and the FRC82 Notes, together constituting the
Notes and the FRC78 Applicable Pricing Supplement, the FRC79 Applicable Pricing
Supplement and the FRC82 Applicable Pricing Supplement, together constituting the
Applicable Pricing Supplements.
2. Capitalised terms used herein which are not otherwise defined shall bear the meaning
ascribed thereto in the Terms and Conditions where the context requires.
FIRSTRAND BANK LIMITED
(Registration Number: 1929/001225/06)
(the Issuer)
NOTICE TO ELECT NO PAYMENT OF INTEREST IN TERMS OF PARAGRAPH 22(J)
FOR THE APPLICABLE PRICING SUPPLEMENTS
3. In terms of this notice the Issuer of the Applicable Pricing Supplements issued under
the FirstRand Limited ZAR30,000,000,000 Note Programme (the Programme)
established pursuant to a programme memorandum dated 29 November 2011 (the
Programme Memorandum) elects to make no Interest Payment on the next Interest
Payment Date, which is 15 June 2015 to any Noteholders of:
3.1 applicable pricing supplement dated 3 February 2012 (the FRC95 Applicable
Pricing Supplement) in relation to the issue of ZAR4,000,000 Credit Linked
Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC95)
(the FRC95 Notes);
3.2 applicable pricing supplement dated 20 February 2012 (the FRC98 Applicable
Pricing Supplement) in relation to the issue of ZAR32,000,000 Credit Linked
Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC98)
(the FRC98 Notes);
3.3 applicable pricing supplement dated 4 June 2012 (the FRC117 Applicable
Pricing Supplement) in relation to the issue of ZAR8,300,000 Credit Linked
Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC117)
(the FRC117 Notes);
3.4 applicable pricing supplement dated 12 June 2013 (the FRC175 Applicable
Pricing Supplement) in relation to the issue of ZAR20,000,000 Credit Linked
Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC175)
(the FRC175 Notes);
the FRC95 Notes, the FRC98 Notes, the FRC117 Notes and the FRC175 Notes,
together constituting the Notes and the FRC95 Applicable Pricing Supplement, the
FRC98 Applicable Pricing Supplement, the FRC117 Applicable Pricing Supplement
and the FRC175 Applicable Pricing Supplement, together constituting the Applicable
Pricing Supplements.
4. Capitalised terms used herein which are not otherwise defined shall bear the meaning
ascribed thereto in the Terms and Conditions (read together with the Additional Terms
and Conditions of Credit-Linked Notes (the Credit-Linked Annex)) where the context
requires.
13 March 2015
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 13/03/2015 04:15:00 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.