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FIRSTRAND BANK LIMITED - FRS152-Listing of Tap Issue

Release Date: 09/06/2016 11:51
Code(s): FRS152     PDF:  
Wrap Text
FRS152-Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: FRII
ISIN FRS152: ZAG000136995
(FRB)

LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRS152 Unsecured Structured Notes, in terms of its ZAR30 000
000 000 Note Programme dated 29 November 2011.

INSTRUMENT TYPE:               Inflation Linked Note
Total Notes in Issue:          R 14,586,542,481.00


Instrument Code:               FRS152
Nominal Issued:                R 5 000 000.00
Total Notes in Issue:          R 20 000 000.00

Price:                         156.50009%
Coupon:                        2.60%
Coupon Rate Indicator:         Inflation Linked
Issue Date:                    10 June 2016
Interest Commencement Date:    31 March 2016
First Interest Payment Date:   30 September 2016
Maturity Date:                 31 March 2028
Last day to Register:          By 17:00 on 20 September and 21 March
                               in each year until maturity date
Books Close:                   21 September and 22 March in each year
                               until maturity
Interest Payment Date:         30 September and 31 March in each year
                               until maturity
ISIN:                          ZAG000136995
Base CPI:                      70.461720
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.

9 June 2016

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

Date: 09/06/2016 11:51:00 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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