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FIRSTRAND BANK LIMITED - FRX24 - Listing of Tap Issuance

Release Date: 18/08/2017 10:55
Code(s): FRX24     PDF:  
Wrap Text
FRX24 - Listing of Tap Issuance

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRX24 ISIN: ZAG000073693
(FRB)

LISTING OF TAP ISSUANCE

The JSE Limited has granted FirstRand Bank Limited the additional listing of its senior unsecured fixed rate
notes, in terms of its Domestic Medium Term Note (DMTN) programme dated 22 April 2008, effective 21
August 2017.


Instrument type:                   Fixed rate notes
Programme amount:                  ZAR 80 000 000 000.00
Total notes in issue:              ZAR 65 952 929 954.61, inclusive of all issuances under the FRB
                                   DMTN programmes

Nominal before tap issue           ZAR 3 267 000 000.00
Tap amount                         ZAR   241 000 000.00
Nominal following tap issue        ZAR 3 508 000 000.00

Instrument code:                   FRX24
Issue price:                       109.21320%
Interest rate:                     10.75%
Coupon rate indicator:             Fixed
Issue date:                        21 August 2017
Interest commencement date:        10 June 2017
First interest payment date:       10 December 2017
Maturity date:                     10 December 2024
Final maturity amount:             100% of the aggregate nominal amount
Last day to register:              By 17:00 on 29 November and 30 May of each year until maturity
Books close:                       30 November and 31 May of each year until maturity
Interest payment date(s):          10 December and 10 June of each year until maturity
ISIN:                              ZAG000073693
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.

18 August 2017

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

Date: 18/08/2017 10:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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