| Tue 28 Feb 2012, 16:34 | | BIFR1 - FirstRand Bank Limited - Listing of New Financial Instrument |
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JSE
FR1
BIFR1 - FirstRand Bank Limited - Listing of New Financial Instrument
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
("FRB")
LISTING OF NEW FINANCIAL INSTRUMENT
The JSE Limited has granted FirstRand Bank Limited the listing of its FRC100
Commodity Linked Note, in terms of its ZAR30,000,000,000 Note Programme
dated 29 November 2011.
INSTRUMENT TYPE: Commodity Linked Notes
Total Notes in Issue: R 1,645,100,000.00
Instrument Code: FRC100
Nominal Issued: R 4,320,000.00
Issue Price: 100%
Interest Rate: 5.00% * ((20/06/2012 - 28/06/2012)/365)
Coupon Rate Indicator: Commodity Linked
Issue Date: 28 February 2012
Interest Commencement Date: 28 February 2012
Scheduled Termination Date: 20 June 2012
Last day to Register: By 17h00 on 14 June 2012
Books Close: 15 June 2012
Interest Payment Date: 20 June 2012
ISIN: ZAG000093469
Business Day Convention: Modified Following Business Day
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
The Notes will be immobilised in the Central Depository ("CSD") 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.
28 February 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 28/02/2012 16:34:01 Produced by the JSE SENS Department.
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