FIRSTRAND BANK LIMITED - FRB16 - Notification of a Full Capital Reduction of Listed Debt Securities

FRB16 - Notification of a Full Capital Reduction of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRB16
ISIN: ZAG000127622
(FRB)


NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 80 000 000 000 domestic medium term note
(DMTN) programme dated 13 October 2015, as amended or supplemented from time to time, noteholders
are herewith advised of the full capital reduction of the FRB16 notes.

Bond code:                                                        FRB16
ISIN:                                                             ZAG000127622
Amount before reduction:                                          ZAR 1 750 000 000.00
Reduction amount:                                                 ZAR 1 750 000 000.00
Amount after reduction:                                           ZAR 0.00
Settlement / redemption amount:                                   ZAR 1 750 000 000.00
Record date:                                                      3 July 2020
Pay date / early redemption date:                                 8 July 2020

The full capital reduction is due to the early redemption of the listed debt securities by FRB.



5 June 2020

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

Date: 05-06-2020 08:00:00
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