| Fri 25 Apr 2014, 14:47 | | FIRSTRAND BANK LIMITED - Announcement of bond auctions - FirstRand Bank Limited |
|
FRC66 FRC69 FRC70 FRC74 FRS86 FRS87 FRS81 FRS90 FRC169 FRC115 FRC116 FRS51 FRC04 FRS101 FRS103 FRS104 FRC71 FRS46 FRS85 FRS105 FRS49 FRS107 FRS106 FRS62 FRS93 201404250038A
Announcement of bond auctions - FirstRand Bank Limited
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
(FRB)
ANNOUNCEMENT OF BOND AUCTIONS
The following auctions will be conducted by Rand Merchant Bank on
behalf of FirstRand Bank Limited. The auctions will be subject to the
following terms:
Issuer: FirstRand Bank Limited
Arranger: Rand Merchant Bank
Auction date: 13 May 2014
Settlement date: 16 May 2014
Issue size: Up to R4 billion (FRB reserves the right to
issue at its discretion.)
Status of bonds: Senior unsecured
Bonds: FRJ17, FRX17, FRJ18, FRX18, FRJ19,FRX19, FRJ20,
FRX20, FRX23, FRX24 and FRX26
Tenors: 3,4,5,6,7,9,10 and 12 years
Interest nature: Floating and fixed
Delta: The companion bond will be accommodated.
Minimum denomination:ZAR 1,000,000
Auction methodology: Sealed bid without feedback (uniform price)
Auction times: 09:00 to 11:00
To bid: Deon Kohlmeyer/Thando Vokwana/Alexa Nicolau
+27 (11) 269 9040
Contact: Delia Patterson +27 (11) 282 4162
No FirstRand bond switches will be accommodated on auction date.
Issuer: FirstRand Bank Limited
Arranger: Rand Merchant Bank
Auction date: 28 May 2014
Settlement date: 2 June 2014
Issue size: Up to R2 billion (FRB reserves the right to
issue at its discretion.)
Status of bonds: Subordinated unsecured
Tenors: 10NC5 / 12NC7 (Registrar approval required to
call notes)
Interest nature: Floating and/or fixed
Delta: The companion bond will be accommodated.
Pricing: Price guidance to be provided on 19 May 2014
Minimum denomination:ZAR 1,000,000
Auction methodology: Sealed bid without feedback (uniform price)
Auction times: 09:00 to 11:00
To bid: Deon Kohlmeyer/Thando Vokwana/Alexa Nicolau
+27 (11) 269 9040
Contact: Delia Patterson +27 (11) 282 4162
No FirstRand bond switches will be accommodated on auction date.
This announcement is for information purposes only and does not
constitute an offer or invitation to subscribe for or purchase any
securities.
25 April 2014
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 25/04/2014 02:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
