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FIRSTRAND BANK LIMITED - FRS179 Listing of New Financial Instrument

Release Date: 14/08/2018 17:35
Code(s): FRS179     PDF:  
Wrap Text
FRS179 Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRS179
ISIN: ZAG000153321
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its unsecured index-linked notes, in terms
of its note programme (the programme) dated 29 November 2011, effective 15 August 2018.

Debt security code:                          FRS179
ISIN:                                        ZAG000153321
Type of debt security:                       Index-linked notes
Nominal issued:                              ZAR 145 000 000.00
Issue date:                                  15 August 2018
Issue price:                                 100%
Coupon rate:                                 Not applicable
Interest commencement date:                  Not applicable
First interest payment date:                 Not applicable
Interest payment date(s):                    Not applicable
Last day to register:                        By 17:00 on 10 August 2019
Books close:                                 11 August 2019
Business day convention:                     Following Business day
Maturity date:                               15 August 2019
Final maturity amount:                       The final maturity amount is determined based on the calculation below:
                                             ILRA = ANA * (1+1.29* MAX{IRA – 1,0)} * (FXFVD / FXFSD))
                                             The definitions for this formula is as per the pricing supplement.
Other:                                       The pricing supplement contains additional terms and conditions
Summary of additional terms:                 Please refer to the FX disruption provisions contained in the pricing
                                             supplement

Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 6 766 968 472.00
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.

This note has been privately placed by FirstRand Bank Limited. Any prospective purchaser of the note should
contact FirstRand Bank Limited for details of the terms of the note. In this regard, prospective purchasers
should be aware that:
1. The note issued is subject to the terms and conditions of the pricing supplement agreed between the issuer
and the subscriber(s) for the note and the terms and conditions of the notes as set out in the programme
memorandum dated 29 November 2011 in respect of the issuer’s note programme.
2. The performance of each note issued is linked to the performance of an underlying third party entity and/or
obligation stipulated in the pricing supplement in respect of the note and accordingly, as the prospective
purchaser will assume credit exposure to both the issuer and such entity and/or obligation, the note is only
suitable for purchase by financially sophisticated investors after conducting all relevant independent
investigations. Copies of the programme memorandum are available from the issuer.

14 August 2018

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

Date: 14/08/2018 05:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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