FRC448 FRC449 - Listing of New Financial Instruments
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC448 ISIN: ZAG000192931
Bond code: FRC449 ISIN: ZAG000192923
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FRB the listings of its FRC448 and FRC449 senior unsecured unsubordinated notes in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 20
December 2022.
Debt security code: FRC448
ISIN: ZAG000192931
Coupon rate: 3 Month JIBAR plus 300 basis points, for all interest periods commencing
from and including the issue date and ending on but excluding 31 August
2027 and 10.83% for all interest periods commencing from and including
31 August 2027 and ending on but excluding the maturity date
Debt security code: FRC449
ISIN: ZAG000192923
Coupon rate: 3 Month JIBAR plus 310 basis points, for all interest periods commencing
from and including the issue date and ending on but excluding 31 August
2027 and 10.71% for all interest periods commencing from and including
31 August 2027 and ending on but excluding the maturity date
Type of debt security: Credit linked notes
Nominal issued: ZAR 35 000 000.00
Issue date: 20 December 2022
Issue price: 100% of par
Interest commencement date: 20 December 2022
Interest determination date(s): The first business day of each interest period, with the first interest
determination date being the issue date
First interest payment date: 28 February 2023
Interest payment date(s): 28 February, 31 May, 31 August and 30 November of each year until the
maturity date
Last day to register: By 17:00 on 23 February, 26 May, 26 August and 25 November of each
year until the maturity date
Books close: 24 February, 27 May, 27 August and 26 November of each year until the
maturity date
Business day convention: Modified following business day
Maturity date: 28 February 2035, subject to paragraph 51 of the pricing supplements
Final maturity amount: 100% of the aggregate nominal amount
Other: The pricing supplements contain additional terms and conditions to the
terms and conditions as contained in the programme
Summary of additional terms: Please refer to the cessation of interest, the mixed rate note provisions,
the reference obligation early redemption event, the early redemption at
the option of the issuer, the early redemption amount and the credit
linked notes provisions as contained in the pricing supplements
Programme amount: ZAR 60 000 000 000.00
Total notes in issue under programme: ZAR 30 252 621 474.30 as at the signature date of the FRC449
pricing supplement
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
19 December 2022
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 19-12-2022 08:00:00
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