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FIRSTRAND BANK LIMITED - FRS115 - Notification of a Full Capital Reduction of Listed Debt Securities

Release Date: 14/02/2018 16:49
Code(s): FRS115
 
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FRS115 - Notification of a Full Capital Reduction of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRS115
ISIN: ZAG000116740
(FRB)

NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000 note programme dated 29
November 2011, bondholders are herewith advised of the full capital reduction of the FRS115 notes.


Bond code:                                       FRS115
ISIN:                                            ZAG000116740
Effective date:                                  16 February 2018
Amount before reduction:                         ZAR 200 000 000
Reduction amount:                                ZAR 200 000 000
Amount after reduction:                          ZAR 0.00

The full capital reduction is due to a repurchase of the listed debt securities of the issuer.

14 February 2018

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

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