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FIRSTRAND BANK LIMITED - FRX25 and FRX28 - Listing of New Financial Instruments

Release Date: 25/07/2018 11:25
Code(s): FRX25 FRX28     PDF:  
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FRX25 and FRX28 - Listing of New Financial Instruments

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRX25 ISIN: ZAG000152828
Bond code: FRX28 ISIN: ZAG000152836
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FirstRand Bank Limited the listing of its senior unsecured fixed rate notes, in
terms of its domestic medium term note (DMTN) programme dated 13 October 2015, effective 26 July 2018.

Debt security code:                          FRX25
ISIN:                                        ZAG000152828
Type of debt security:                       Fixed rate notes
Nominal issued:                              ZAR 663 000 000.00
Issue date:                                  26 July 2018
Issue price:                                 100%
Coupon rate:                                 9.750%
Interest commencement date:                  26 July 2018
First interest payment date:                 26 January 2019
Interest payment date(s):                    26 January and 26 July each year until maturity
Last day to register:                        By 17:00 on 15 January and 15 July each year until maturity
Books close:                                 16 January and 16 July each year until maturity
Business day convention:                     Following Business day
Maturity date:                               26 July 2025
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

Debt security code:                          FRX28
ISIN:                                        ZAG000152836
Type of debt security:                       Fixed rate notes
Nominal issued:                              ZAR 90 000 000.00
Issue date:                                  26 July 2018
Issue price:                                 100%
Coupon rate:                                 10.120%
Interest commencement date:                  26 July 2018
First interest payment date:                 26 January 2019
Interest payment date(s):                    26 January and 26 July each year until maturity
Last day to register:                        By 17:00 on 15 January and 15 July each year until maturity
Books close:                                 16 January and 16 July each year until maturity
Business day convention:                     Following Business day
Maturity date:                               26 July 2028
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 100 000 000 000.00
Total notes in issue under programme:        ZAR 71 830 949 301.61, 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.

25 July 2018

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

Date: 25/07/2018 11:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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