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FIRSTRAND BANK LIMITED - FRJ27 - Listing of Tap Issue

Release Date: 01/06/2017 13:25
Code(s): FRJ27     PDF:  
Wrap Text
FRJ27 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRJ27
ISIN: ZAG000141912
(FRB)

LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the additional listing of its FRJ27 floating rate notes, in
terms of its Domestic Medium Term Note programme (DMTN) dated 14 October 2015.

Instrument type:                  Floating rate notes
Programme amount:                 ZAR 80 000 000 000.00
Total notes in issue:             ZAR 61 848 755 135.61, inclusive of all issuances under the FRB
                                  DMTN programmes

Nominal before tap issue          ZAR   690 000 000.00
Tap amount                        ZAR   353 100 000.00
Nominal following tap issue       ZAR 1 043 100 000.00

Instrument code:                  FRJ27
Issue price:                      101.258%
Interest rate:                    9.267% (3 month JIBAR as at 25 April 2017 of 7.342% plus 192.5 bps)
Coupon rate indicator:            Floating
Issue date:                       5 June 2017
Interest commencement date:       25 April 2017
First interest payment date:      25 July 2017
Maturity date:                    25 January 2027
Final maturity amount:            100% of the nominal issued
Last day to register:             By 17:00 on 19 January, 19 April, 19 July and 19 October each year until
                                  maturity
Books close:                      20 January to 24 January, 20 April to 24 April, 20 July to 24 July and 20
                                  October to 24 October each year until maturity
Interest payment date(s):         25 January, 25 April, 25 July and 25 October each year until maturity
ISIN:                             ZAG000141912
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.

1 June 2017

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

Date: 01/06/2017 01:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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