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FIRST NATIONAL BANK OF NAMIBIA LIMITED - FBJ20Z and FBJ22Z - Listing of New Financial Instrument

Release Date: 17/03/2017 11:10
Code(s): FBJ20Z FBJ22Z     PDF:  
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FBJ20Z and FBJ22Z - Listing of New Financial Instrument

First National Bank of Namibia Limited
(Incorporated in the Republic of Namibia)
(Registration number 2002/180)
JSE Company code: FNNI
NSX Company code: FNNIN
Bond code: FBJ20Z
ISIN: ZAG000142803
Bond code: FBJ22Z
ISIN: ZAG000142902
(“FNB Namibia”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FNB Namibia the listing of its Senior Unsecured Floating Rate Notes,
in terms of its Note Programme dated 10 March 2017, effective 20 March 2017.

INSTRUMENT TYPE:                  Floating Rate Notes
Programme Amount:                 ZAR / NAD 5,000,000,000.00
Total Notes in Issue:             ZAR / NAD 0.00, exclusive of this issuance of notes

Instrument Code:                  FBJ20Z
Nominal Issued:                   ZAR 343,000,000.00
Issue Price:                      100%
Interest Rate:                    9.192% (3 Month JIBAR as at 15 March 2017 of 7.342% plus 185
                                  bps)
Coupon Rate Indicator:            Floating
Issue Date:                       20 March 2017
Interest Commencement Date:       20 March 2017
First Interest Payment Date:      20 June 2017
Maturity Date:                    20 March 2020
Final Maturity Amount:            100% of the Aggregated Nominal Amount
Last Day to Register:             By 17h00 on 9 June, 9 September, 9 December and 9 March each
                                  year until Maturity
Books Close:                      10 June, 10 September, 10 December and 10 March each year
                                  until Maturity
Interest Payment Date(s):         20 June, 20 September, 20 December and 20 March each year
                                  until Maturity
ISIN:                             ZAG000142803
Business Day Convention:          Modified Following Business Day
Dealer:                           Rand Merchant Bank, a division of FirstRand Bank Limited

Instrument Code:                  FBJ22Z
Nominal Issued:                   ZAR 334,000,000.00
Issue Price:                      100%
Interest Rate:                    9.492% (3 Month JIBAR as at 15 March 2017 of 7.342% plus 215
                                  bps)
Coupon Rate Indicator:            Floating
Issue Date:                       20 March 2017
Interest Commencement Date:       20 March 2017
First Interest Payment Date:      20 June 2017
Maturity Date:                    20 March 2022
Final Maturity Amount:            100% of the Aggregated Nominal Amount
Last Day to Register:             By 17h00 on 9 June, 9 September, 9 December and 9 March each
                                  year until Maturity
Books Close:                      10 June, 10 September, 10 December and 10 March each year
                                  until Maturity
Interest Payment Date(s):         20 June, 20 September, 20 December and 20 March each year
                                  until Maturity
ISIN:                             ZAG000142902
Business Day Convention:          Modified Following Business Day
Dealer:                           Rand Merchant Bank, a division of FirstRand Bank Limited

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

17 March 2017

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Sponsor
IJG Securities (Pty) Ltd
Member of the NSX
100 Robert Mugabe Avenue
P O Box 186, Windhoek, Namibia
Registration No. 95/505

Date: 17/03/2017 11:10:00 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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