To view the PDF file, sign up for a MySharenet subscription.

FIRSTRAND BANK LIMITED - FRBI29 - Listing of New Financial Instrument

Release Date: 26/07/2017 10:43
Code(s): FRBI29     PDF:  
Wrap Text
FRBI29 - 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: FRBI29
ISIN: ZAG000145608
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its senior unsecured inflation-linked notes,
in terms of its domestic medium term note programme dated 14 October 2015, effective 27 July 2017.

Instrument type:                             Inflation-linked note
Programme amount:                            ZAR 80 000 000 000.00
Total notes in issue:                        ZAR 62 615 600 008.61, inclusive of all issuances under the FRB
                                             DMTN programmes

Instrument code:                             FRBI29
Nominal issued:                              ZAR 231 000 000.00
Issue price:                                 86.49517%
Interest rate:                               1.875%
Coupon rate indicator:                       Inflation-linked
Issue date:                                  27 July 2017
Interest commencement date:                  31 March 2017
First interest payment date:                 30 September 2017
Maturity date:                               31 March 2029
Final maturity amount:                       100% of the total notes in issue adjusted by the CPI Adjustment for the
                                             Maturity Date, provided that if the amount so adjusted is less than 100%
                                             of the total notes in issue, the final redemption amount will be 100% of
                                             the total notes in issue.
Last day to register:                        By 17:00 on 19 September and 20 March of each year until the
                                             maturity date
Books close:                                 20 September and 21 March of each year until the maturity date
Interest payment date:                       30 September and 31 March of each year until the maturity date
Base CPI:                                    97.0639211527019
ISIN:                                        ZAG000145608
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.


26 July 2017

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

Date: 26/07/2017 10:43:00 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.

Share This Story