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FIRSTRAND BANK LIMITED - FRJ27 - Listing of Tap Issue

Release Date: 05/07/2018 14:15
Code(s): FRJ27     PDF:  
Wrap Text
FRJ27 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRJ27
ISIN: ZAG000141912
(FRB)

LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the additional listing of its unsecured floating rate
notes, in terms of its domestic medium term note (DMTN) programme dated 14 October 2015, effective 6
July 2018.

Debt security code:                          FRJ27
ISIN:                                        ZAG000141912
Type of debt security:                       Floating rate notes
Nominal before issue:                        ZAR 1 243 100 000.00
Nominal issued:                              ZAR 75 000 000.00
Nominal after issue:                         ZAR 1 318 100 000.00
Issue date:                                  6 July 2018
Issue price:                                 103.461%
Coupon rate:                                 3 month JIBAR plus 192.5 basis points
Interest commencement date:                  6 July 2018
Interest determination date(s):              25 July, 25 October, 25 January and 25 April of each year until maturity
                                             with the first interest determination date being 25 April 2018
First interest payment date:                 25 July 2018
Interest payment date(s):                    25 July, 25 October, 25 January and 25 April of each year until maturity
Last day to register:                        By 17:00 on 19 July, 19 October, 19 January and 19 April of each year
                                             until maturity
Books close:                                 20 July, 20 October, 20 January and 20 April of each year until maturity
Business day convention:                     Following business day
Maturity date:                               25 January 2027
Final maturity amount:                       100% of nominal issued
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 70 023 134 778.61, 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.


5 July 2018

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

Date: 05/07/2018 02:15:00 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,
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