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FIRSTRAND BANK LIMITED - FRS130 - Extension of Maturity Date and Step-Up Rate

Release Date: 07/04/2017 09:50
Code(s): FRS130     PDF:  
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FRS130 - Extension of Maturity Date and Step-Up Rate

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRS130
ISIN: ZAG000125873
(FRB)

EXTENSION OF MATURITY DATE AND STEP-UP RATE

In accordance with the terms and conditions of the FirstRand Bank Limited FRS130 applicable pricing
supplement, FRB wishes to advise investors of the extension of maturity with the following details:

Instrument type:             Stepped interest note
Instrument code:             FRS130
Coupon:                      3 month JIBAR as at 11 May 2017 plus 130 bps
Interest period:             11 May 2017 to 11 August 2017
Coupon rate indicator:       Floating
Stepped interest:            Please refer to annexure A of the pricing supplement
Maturity date:               11 August 2017
Extendible maturity date:    The right of extension may be exercised any number of times, providing
                             maturity does not exceed 11 February 2018
Last day to register:        By 17:00 on 6 August 2017
Books close:                 7 August 2017
Interest payment date:       11 August 2017
ISIN:                        ZAG000125873
Business day convention:     Modified Following Business day
Dealer:                      Rand Merchant Bank, a division of FirstRand Bank Limited

Further notification of extensions will be announced prior to the next maturity date as per the applicable
pricing supplement, subject to noteholders exercising an early redemption option.

Any prospective purchaser of the note should contact Rand Merchant Bank for details of the terms of the
note.

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

7 April 2017

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 07/04/2017 09:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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