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FIRSTRAND BANK LIMITED - FRB21 - Listing of New Instrument

Release Date: 22/11/2016 14:50
Code(s): FRB21     PDF:  
Wrap Text
FRB21 - Listing of New Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: FRII
ISIN FRB21: ZAG000140856
(FRB)

LISTING OF NEW INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRB21 Subordinated, Unsecured Tier II Notes, in terms of its
ZAR80 000 000 000 Note Programme dated 13 October 2015.

INSTRUMENT TYPE:               Floating Rate Note
Total Notes in Issue:          R 70,257,436,000.00 (inclusive of all
                               issuances under the First Rand DMTN
                               Programmes)

Instrument Code:               FRB21
Nominal Issued:                R 1 000 000 000.00
Price:                         100%
Coupon:                        3 month JIBAR plus 385 bps
Issue Date:                    24 November 2016
Interest Commencement Date:    24 November 2016
Optional redemption Date:      24 November 2021
Maturity Date:                 24 November 2026
First Interest Payment Date:   24 February 2016
Last Day to Register           By 17:00 on 18 February, 18 May,
                               18 August and 18 November in each year
                               until maturity
Books Close                    19 February, 19 May, 19 August and
                               19 November in each year until maturity
Interest Payment Date(s)       24 February, 24 May, 24 August and
                               24 November in each year until maturity
ISIN:                          ZAG000140856
Business Day Convention:       Following Business Day


Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited

The Notes will be immobilised in the Central Depository (CSD) and
settlement will take place electronically in terms of JSE Rules.


22 November 2016

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

Date: 22/11/2016 02:50:00 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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