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FIRSTRAND BANK LIMITED - FRS139 - Listing of New Instrument

Release Date: 07/08/2015 14:14
Code(s): FRS139     PDF:  
Wrap Text
FRS139 - Listing of New Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000128646
(FRB)

LISTING OF NEW INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS139 Unsecured Structured Notes, in terms of its ZAR30 000
000 000 Note Programme dated 29 November 2011.

INSTRUMENT TYPE:               Equity Linked Currency Linked Note
Total Notes in Issue:          R 7,186,967,120.00

Instrument Code:               FRS139
Nominal Issued:                R 157,949,401.00
Price:                         105.4666663%
Coupon:                        6.925% (3 Month JIBAR as at 7 August 2015
                               of 6.300% plus 0.625%)
Coupon Rate Indicator:         Floating
Issue Date:                    7 August 2015
Interest Commencement Date:    7 August 2015
First Interest Payment Date:   9 November 2015
Maturity Date:                 8 August 2016
Last day to Register:          By 17:00 on 30 October 2015,
                               29 January 2016, 28 April 2016 and
                               29 July 2016
Books Close:                   2 November 2015, 1 February 2016,
                               29 April 2016 and 1 August 2016
Interest Payment Date:         9 November 2015, 8 February 2016,
                               9 May 2016 and 8 August 2016
ISIN:                          ZAG000128646
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;
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.

7 August 2015

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

Date: 07/08/2015 02:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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