FIRSTRAND BANK LIMITED - FRBI23 - Listing of Tap Issue

Release Date: 17/08/2017 15:00
Code(s): FRBI23
Wrap Text
FRBI23 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRBI23
ISIN: ZAG000076498


The JSE Limited has granted FirstRand Bank Limited the additional listing of its FRBI23 inflation-linked notes,
in terms of its Domestic Medium Term Note programme (DMTN) dated 29 November 2011.

INSTRUMENT TYPE:                             Inflation-linked note
Programme amount:                            ZAR 80 000 000 000.00
Total notes in issue:                        ZAR 62 989 929 951.61, inclusive of all issuances under the FRB
                                             DMTN programmes

Nominal before tap issue:                    ZAR 1 487 760 000.00
Tap amount:                                  ZAR 53 300 000.00
Nominal following tap issue:                 ZAR 1 541 060 000.00

Instrument code:                             FRBI23
Issue price:                                 281.247460%
Interest rate:                               5.50%
Coupon rate indicator:                       Inflation-linked
Issue date:                                  18 August 2017
Interest commencement date:                  7 June 2017
First interest payment date:                 7 December 2017
Maturity date:                               7 December 2023
Last day to register:                        By 17:00 on 26 November and 27 May of each year until the
                                             maturity date
Books close:                                 27 November and 28 May of each year until the maturity date
Interest payment date:                       7 December and 7 June of each year until the maturity date
Base CPI:                                    41.1724702669556
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.

17 August 2017

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

Date: 17/08/2017 03:00:00 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.

Email this JSE Sens Item to a Friend.

Share This Story