FIRSTRAND BANK LIMITED - LISTING OF NEW FINANCIAL 22 May 2018

FRB05 FRB12 FRB13 FRB14 FRB15 FRB19 FRB21 FRB22 FRB23 FRBC21 FRBC22 FRBI22 FRBI23 FRBI25 FRBI28 FRBI29 FRBI33 FRBI46 FRBI50 FRBZ01 FRBZ02 FRBZ03 FRC107 FRC168 201805220043A
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: FRC271 ISIN: ZAG000151556
Bond code: FRC272 ISIN: ZAG000151564
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its senior unsecured unsubordinated
structured floating and fixed credit-linked notes, in terms of its note programme (the programme) dated 29
November 2011, effective 24 May 2018.

Debt security code:                          FRC271
ISIN:                                        ZAG000151556
Type of debt security:                       Credit-linked floating rate notes
Nominal issued:                              ZAR 303 000 000.00
Issue price:                                 100%
Issue date:                                  24 May 2018
Coupon rate:                                 3 month JIBAR plus 210 basis points
Interest determination date(s):              30 July, 30 October, 30 January and 30 April of each year until maturity,
                                             with the first interest determination date being 24 May 2018
Interest commencement date:                  24 May 2018
First interest payment date:                 30 July 2018
Interest payment date(s):                    30 July, 30 October, 30 January and 30 April of each year until maturity
Last day to register:                        By 17:00 on 25 July, 25 October, 25 January and 25 April of each year
                                             until maturity
Books close:                                 26 July, 26 October, 26 January and 26 April of each year until maturity
Business day convention:                     Modified Following Business Day
Maturity date:                               30 January 2023
Final maturity amount:                       100% of the aggregate nominal amount
Other:                                       The pricing supplement contains additional terms and conditions as
                                             contained in the programme
Summary of additional terms:                 Please refer to the credit-linked note provisions contained in the pricing
                                             supplement


Debt security code:                          FRC272
ISIN:                                        ZAG000151564
Type of debt security:                       Credit-linked fixed rate notes
Nominal issued:                              ZAR 197 000 000.00
Issue price:                                 100%
Issue date:                                  24 May 2018
Coupon rate:                                 9.584% nacs
Interest determination date(s):              Not applicable
Interest commencement date:                  24 May 2018
First interest payment date:                 30 July 2018
Interest payment date(s):                    30 July and 30 January of each year until maturity
Last day to register:                        By 17:00 on 25 July and 25 January of each year until maturity
Books close:                                 26 July and 26 January of each year until maturity
Business day convention:                     Modified Following Business Day
Maturity date:                               30 January 2023
Final maturity amount:                       100% of the aggregate nominal amount
Other:                                       The pricing supplement contains additional terms and conditions as
                                             contained in the programme
Summary of additional terms:                 Please refer to the credit-linked note provisions contained in the pricing
                                             supplement
Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 11 156 914 190.00
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. The risks pertaining to credit-linked notes generally are more fully set out in the programme
memorandum. Copies of the programme memorandum are available from the issuer.


22 May 2018

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

Date: 22/05/2018 03:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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FirstRand Ltd. published this content on 22 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 May 2018 15:17:06 UTC