FIRSTRAND BANK LIMITED - FRC178 - Notification of a Partial Capital Reduction and Accrued Interest Payment
FRC178 201812050005A
FRC178 - Notification of a Partial Capital Reduction and Accrued Interest Payment
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRC178
ISIN: ZAG000107897
(FRB)
NOTIFICATION OF A PARTIAL CAPITAL REDUCTION AND ACCRUED INTEREST PAYMENT
In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000 note programme dated
29 November 2011, bondholders are herewith advised of the partial capital reduction of the FRC178 notes
and the accrued interest paid thereon.
Bond code: FRC178
ISIN: ZAG000107897
Effective date of the reduction: 7 December 2018
Nominal amount before reduction: ZAR 13 290 000.00
Reduction of nominal amount: ZAR 3 681 600.00
Nominal amount after reduction: ZAR 9 608 400.00
Settlement amount: ZAR 2 982 096.00
Accrued interest amount: ZAR 32,884.96, included in the settlement
amount
Coupon rate: 10.5170%
Interest period: 6 November 2018 to 6 December 2018
Settlement / Pay date of the repurchase: 7 December 2018
This reduction is due to the repurchase of the listed debt securities by the Issuer.
5 December 2018
Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 05/12/2018 08:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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