JSE Sens

FIRSTRAND BANK LIMITED - FRB25 - Listing of Tap Issue

16 April 2019 - 11:10 AM
FRB25
FRB25 - Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRB25
ISIN: ZAG000157512
(FRB)


LISTING OF TAP ISSUE

The JSE Limited has granted FirstRand Bank Limited the additional 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 19 March 2019.

Debt security code:                          FRB25
ISIN:                                        ZAG000157512
Type of debt security:                       Floating rate notes
Nominal before issue:                        ZAR 2 477 000 000.00
Nominal issued:                              ZAR 223 000 000.00
Nominal after issue:                         ZAR 2 700 000 000.00
Issue date:                                  18 April 2019
Issue price:                                 100.929703%
Coupon rate:                                 3 month JIBAR plus 440 basis points
Interest commencement date:                  19 March 2019
Interest determination date(s):              The first business day of each interest period, with the first interest
                                             determination date being 14 March 2019
First interest payment date:                 19 June 2019
Interest payment date(s):                    19 March, 19 June, 19 September and 19 December of each year
Last day to register:                        By 17:00 on 8 March, 8 June, 8 September and 8 December of each year
Books close:                                 9 March, 9 June, 9 September and 9 December 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 71 820 780 829.61, 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.


16 April 2019

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

Date: 16/04/2019 11:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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