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FIRSTRAND BANK LIMITED - FRI33 - Listing of Tap Issue

Release Date: 25/05/2017 13:00
Code(s): FRI33     PDF:  
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FRI33 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRI33
ISIN: ZAG000141706
(FRB)

LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the additional listing of its FRI33 inflation-linked notes,
in terms of its Domestic Medium Term Note programme (DMTN) dated 14 October 2015.

INSTRUMENT TYPE:                             Inflation-linked note
Programme amount:                            ZAR80 000 000 000.00
Total notes in issue:                        ZAR60 730 195 135.61, inclusive of all issuances under the FRB
                                             DMTN programmes

Nominal before tap issue                     ZAR99 000 000.00
Tap amount                                   ZAR100 000 000.00
Nominal following tap issue                  ZAR199 000 000.00

Instrument code:                             FRI33
Issue price:                                 85.108580%
Interest rate:                               1.875%
Coupon rate indicator:                       Inflation-linked
Issue date:                                  26 May 2017
Interest commencement date:                  28 February 2017
First interest payment date:                 31 August 2017
Maturity date:                               28 February 2033
Last day to register:                        By 17:00 on 18 February and 21 August of each year until the
                                             maturity date
Books close:                                 19 February and 22 August of each year until the maturity date
Interest payment date:                       28 February and 31 August of each year until the maturity date
Base CPI:                                    113.5516129032
Business day convention:                     Modified 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.

25 May 2017

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

Date: 25/05/2017 01:00:00 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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