| Thu 14 Jun 2012, 16:12 | | 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 FRC118,
FRC119 and FRC120 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 2,561,245,000.00
Instrument Code: FRC118
Nominal Issued: R 5,000,000.00
Issue Price: 100%
Interest Rate: 8.595% (3 month JIBAR as at 14 June 2012
of 5.595% + 300 basis points)
Coupon Rate Indicator: Credit Linked
Issue Date: 14 June 2012
Interest Commencement Date: 14 June 2012
First Interest Date: 20 September 2012
Scheduled Termination Date: 20 June 2017
Last day to Register: By 17:00 on 14 June, 14 September, 14
December and 14 March in each year
until the Maturity Date
Books Close: 15 June,15 September, 15 December and
15 March in each year until the Maturity
Date
Interest Payment Date: 20 June, 20 September, 20 December and
20 March in each year until the Maturity
Date
ISIN: ZAG000096280
Business Day Convention: Modified Following Business Day
Instrument Code: FRC119
Nominal Issued: R 5,000,000.00
Issue Price: 100%
Interest Rate: 10.495% (3 month JIBAR as at 14 June
2012 of 5.595% + 490 basis points)
Coupon Rate Indicator: Credit Linked
Issue Date: 14 June 2012
Interest Commencement Date: 14 June 2012
First Interest Date: 20 September 2012
Scheduled Termination Date: 20 June 2017
Last day to Register: By 17:00 on 14 June, 14 September, 14
December and 14 March in each year
until the Maturity Date
Books Close: 15 June,15 September, 15 December and
15 March in each year until the Maturity
Date
Interest Payment Date: 20 June, 20 September, 20 December and
20 March in each year until the Maturity
Date
ISIN: ZAG000096298
Business Day Convention: Modified Following Business Day
Instrument Code: FRC120
Nominal Issued: R 5,000,000.00
Issue Price: 100%
Interest Rate: 11.345% (3 month JIBAR as at 14 June
2012 of 5.595% + 575 basis points)
Coupon Rate Indicator: Credit Linked
Issue Date: 14 June 2012
Interest Commencement Date: 14 June 2012
First Interest Date: 20 September 2012
Scheduled Termination Date: 20 June 2017
Last day to Register: By 17:00 on 14 June, 14 September, 14
December and 14 March in each year
until the Maturity Date
Books Close: 15 June,15 September, 15 December and
15 March in each year until the Maturity
Date
Interest Payment Date: 20 June, 20 September, 20 December and
20 March in each year until the Maturity
Date
ISIN: ZAG000096306
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.
14 June 2012
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 14/06/2012 16:12:01 Produced by the JSE SENS Department.
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