| Tue 20 Mar 2012, 17:10 | | BIFR1 - FirstRand Bank Limited - Listing of New Financial Instruments |
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JSE
FR1
BIFR1 - FirstRand Bank Limited - Listing of New Financial Instruments
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
("FRB")
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted FirstRand Bank Limited the listing of its
FRC105 and FRC106 Credit Linked Notes, in terms of its ZAR30,000,000,000
Note Programme dated 29 November 2011.
INSTRUMENT TYPE: Credit Linked Notes
Total Notes in Issue: R 1,666,820,000.00
Instrument Code: FRC105
Nominal Issued: R 8,000,000.00
Issue Price: 100%
Coupon: 11.00% (3 month Jibar as at 20 March
2012 of 5.600% + 540bps)
Coupon Rate Indicator: Credit Linked
Issue Date: 20 March 2012
Interest Commencement Date: 20 March 2012
Maturity Date: 24 February 2017
Last day to Register: By 17h00 on 18 May, 18 August, 18
November, 18 February in each year until
the Maturity Date
Books Close: 19 May, 19 August, 19 November and 19
February in each year until the Maturity
Date
Interest Payment Date: 24 May, 24 August, 24 November and 24
February in each year until the Maturity
Date
ISIN: ZAG000093998
Business Day Convention: Modified Following Business Day
Instrument Code: FRC106
Nominal Issued: R 1,500,000.00
Issue Price: 100%
Coupon: 11.00% (3 month Jibar as at 20 March
2012 of 5.600% + 540bps)
Coupon Rate Indicator: Credit Linked
Issue Date: 20 March 2012
Interest Commencement Date: 20 March 2012
Maturity Date: 24 February 2017
Last day to Register: By 17h00 on 18 May, 18 August, 18
November, 18 February in each year until
the Maturity Date
Books Close: 19 May, 19 August, 19 November and 19
February in each year until the Maturity
Date
Interest Payment Date: 24 May, 24 August, 24 November and 24
February in each year until the Maturity
Date
ISIN: ZAG000093956
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.
20 March 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 20/03/2012 17:10:01 Produced by the JSE SENS Department.
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