FIRSTRAND BANK LIMITED - FRBI50 - Listing of Tap Issue

FRBI50 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRBI50
ISIN: ZAG000141649
(FRB)


LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the additional listing of its senior unsecured index-linked
notes, in terms of its domestic medium term note (DMTN) programme memorandum dated 14 October 2015
(programme memorandum), as amended from time to time, effective 27 May 2019.

Debt security code:                           FRBI50
ISIN:                                         ZAG000141649
Type of debt security:                        Index-linked notes
Nominal before issue:                         ZAR 155 000 000.00
Nominal issued:                               ZAR 25 000 000.00
Nominal after issue:                          ZAR 180 000 000.00
Issue date:                                   27 May 2019
Issue price:                                  93.78479%
Coupon rate:                                  2.5%
Interest commencement date:                   31 December 2018
First interest payment date:                  30 June 2019
Interest payment date(s):                     30 June and 31 December of each year until the Maturity Date
Last day to register:                         By 17:00 on 19 June and 20 December of each year until the
                                              Maturity Date
Books close:                                  20 June and 21 December of each year until the Maturity Date
Business day convention:                      Following Business day
Maturity date:                                31 December 2050
Base CPI:                                     77.6995272142208 (rebased)
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 programme memorandum
Summary of additional terms:                  Not applicable

Programme amount:                             ZAR 100 000 000 000.00
Total notes in issue under programme:         ZAR 75 541 780 829.61, 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.


24 May 2019

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

Date: 24/05/2019 08:00:00 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,
 information disseminated through SENS.