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FIRSTRAND BANK LIMITED - FRB26 - Notification of a full capital reduction of listed debt securities

Release Date: 03/05/2024 07:05
Code(s): FRB26     PDF:  
Wrap Text
FRB26 - Notification of a full capital reduction of listed debt securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRB26
ISIN: ZAG000159955
(FRB)


NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB's domestic medium term note (DMTN) programme dated
13 April 2021, as amended or supplemented from time to time, noteholders are herewith advised of the full
capital reduction of the FRB26 notes (the notes).

Bond code:                                                   FRB26
ISIN:                                                        ZAG000159955
Nominal amount before reduction:                             R 1 910 000 000.00
Reduction in nominal amount:                                 R 1 910 000 000.00
Nominal amount after reduction:                              R 0.00
Settlement/redemption amount:                                R 1 910 000 000.00
Record date:                                                 31 May 2024
Pay date/early redemption date:                              3 June 2024

This reduction is due to the early redemption of the notes by FRB in accordance with the terms and
conditions of the notes.



3 May 2024

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 03-05-2024 07:05:00
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