FIRSTRAND BANK LIMITED - FRS157 - Listing of New Financial Instrument

FRS157 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRS157
ISIN: ZAG000144197
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its FRS157 equity-linked notes, in terms of
its ZAR30 000 000 000 note programme dated 29 November 2011.

Instrument type:                             Equity-linked note
Total notes in issue:                        ZAR61 304 745 135.61

Instrument code:                             FRS157
Nominal issued:                              ZAR300 000 000
Issue price:                                 100%
Coupon rate indicator:                       Equity-linked
Issue date:                                  23 May 2017
Interest commencement date:                  23 May 2017
First Interest payment date:                 21 May 2019
Maturity date:                               21 May 2019
Last day to register:                        By 17:00 on 9 May 2019
Books close:                                 10 May 2019
Interest payment date:                       21 May 2019
ISIN:                                        ZAG000144197
Business day convention:                     Following Business day
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank
                                             division


The notes will be immobilised in the Central Securities Depository 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.


2. The performance of each note issued is linked to the performance of an underlying third party entity
and/or obligation stipulated in the pricing supplement in respect of the note and accordingly, as the
prospective purchaser will assume credit exposure to both the 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.


22 May 2017


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

Date: 22/05/2017 04:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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