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FIRSTRAND BANK LIMITED - FRBI29 - Listing of Tap Issue

Release Date: 19/03/2018 16:23
Code(s): FRBI29     PDF:  
Wrap Text
FRBI29 - Listing of Tap Issue

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 TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the additional listing of its senior unsecured inflation-
linked notes, in terms of its domestic medium term note (DMTN) programme dated 14 October 2015,
effective 20 March 2018.

Debt security code:                          FRBI29
ISIN:                                        ZAG000145608
Type of debt security:                       Inflation-linked notes
Nominal before issue:                        ZAR 231 000 000.00
Nominal issued:                              ZAR 25 000 000.00
Nominal after issue:                         ZAR 256 000 000.00
Issue date:                                  20 March 2018
Issue price:                                 90.3852%
Coupon rate:                                 1.875
Interest commencement date:                  30 September 2017
First interest payment date:                 31 March 2018
Interest payment date(s):                    31 March and 30 September of each year until maturity
Last day to register:                        By 17:00 on 20 March and 19 September of each year until maturity
Books close:                                 21 March and 20 September of each year until maturity
Business day convention:                     Following Business day
Maturity date:                               31 March 2029
Base CPI:                                    97.0639211527019
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.
Other:                                       The pricing supplement does not contain additional terms and conditions
                                             or changes to the terms and conditions as contained in the DMTN
Summary of additional terms:                 Not applicable

Programme amount:                            ZAR 80 000 000 000.00
Total notes in issue under programme:        ZAR 72 191 684 778.61, inclusive of all issuances under the FRB
                                             DMTN programmes
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.

19 March 2018

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

Date: 19/03/2018 04:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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