FIRSTRAND BANK LIMITED - FRB24 - Listing of New Financial Instrument

FRB24 - 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: FRB24
ISIN: ZAG000155102
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its unsecured subordinated additional tier 1 floating
rate notes, in terms of its domestic medium term note (DMTN) programme dated 1 November 2018, effective 8 November 2018.

Debt security code:                          FRB24
ISIN:                                        ZAG000155102
Type of debt security:                       Floating rate notes
Nominal issued:                              ZAR 2 265 000 000.00
Issue date:                                  8 November 2018
Issue price:                                 100%
Coupon rate:                                 3 month JIBAR plus 445 basis points
Interest commencement date:                  8 November 2018
Interest determination date(s):              The first business day of each interest period, with the first interest
                                             determination date being 5 November 2018
First interest payment date:                 8 February 2019
Interest payment date(s):                    8 November, 8 February, 8 May and 8 August of each year
Last day to register:                        By 17:00 on 28 January, 27 April, 28 July and 28 October of each year
Books close:                                 29 January, 28 April, 29 July and 29 October of each year
Business day convention:                     Modified following business day
Maturity date:                               Perpetual
Final maturity amount:                       The aggregate outstanding nominal amount (plus accrued interest, if any,
                                             to the maturity date)
Other:                                       The pricing supplement does not contain changes to the terms and
                                             conditions as contained in the DMTN programme memorandum
Summary of additional terms:                 Not applicable


Programme amount:                            ZAR 100 000 000 000.00
Total notes in issue under programme:        ZAR 77 263 444 137.11, inclusive of all issuances under the FRB
                                             DMTN programme
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.


6 November 2018

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

Date: 06/11/2018 10:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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