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FIRSTRAND BANK LIMITED - FRX23 - Listing of Tap Issue

Release Date: 02/05/2017 09:34
Code(s): FRX23     PDF:  
Wrap Text
FRX23 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRX23
ISIN: ZAG000104969
(FRB)

LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the additional listing of its FRX23 fixed rate notes, in
terms of its Domestic Medium Term Note (DMTN) programme dated 29 November 2011.


Instrument type:                             Fixed rate notes
Programme amount:                            ZAR 80,000,000,000.00
Total notes in issue:                        ZAR 56,139,491,061.06, inclusive of all issuances under the FRB
                                             DMTN programmes

Nominal before tap issue                     ZAR 1,295,000,000.00
Tap amount                                   ZAR 56,000,000.00
Nominal following tap issue                  ZAR 1,351,000,000.00

Instrument code:                             FRX23
Issue price:                                 94.475170%
Interest rate:                               7.75%
Coupon rate indicator:                       Fixed
Issue date:                                  3 May 2017
Interest commencement date:                  28 February 2017
First interest payment date:                 31 August 2017
Maturity date:                               28 February 2023
Final maturity amount:                       100% of Principal amount
Last day to register:                        By 17:00 on 20 August and 17 February each year until maturity
Books close:                                 21 August and 18 February each year until maturity
Interest payment date(s):                    31 August and 28 February each year until maturity
ISIN:                                        ZAG000104969
Business day convention:                     Modified Following Business day
Dealer:                                      FirstRand Bank acting through Rand Merchant Bank

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


2 May 2017

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

Date: 02/05/2017 09:34:00 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
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