FIRSTRAND BANK LIMITED - FRC273 - Notification of a Full Capital Reduction and Accrued Interest Payment
FRC273 201902040026A
FRC273 - Notification of a Full 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: FRC273
ISIN: ZAG000151945
(FRB)
NOTIFICATION OF A FULL 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, as amended, bondholders are herewith advised of the full capital reduction of the
FRC273 notes and the accrued interest paid thereon.
Bond code: FRC273
ISIN: ZAG000151945
Effective date of the reduction: 6 February 2019
Nominal amount before reduction: ZAR 51 009 362.00
Reduction of nominal amount: ZAR 51 009 362.00
Nominal amount after reduction: ZAR 0.00
Settlement amount: ZAR 51 276 779.00
Accrued interest amount: ZAR 751 852.91, included in the settlement
amount
Coupon rate: 8.82%
Interest period: 7 December 2018 to 6 February 2019
Settlement / Pay date of the repurchase: 6 February 2019
This reduction is due to the repurchase of the listed debt securities by the Issuer.
4 February 2019
Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 04/02/2019 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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