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FIRSTRAND BANK LIMITED - FRC343 FRS225 - Listing of New Financial Instruments

Release Date: 13/07/2020 08:00
Code(s): FRC343 FRS225     PDF:  
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FRC343 FRS225 - 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: FRC343       ISIN: ZAG000169533
Bond code: FRS225       ISIN: ZAG000169517
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listing of its FRS225 and FRC343 senior unsecured unsubordinated structured notes,
in terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective
14 July 2020 and 15 July 2020 respectively.

Debt security code:                         FRS225
ISIN:                                       ZAG000169517
Type of debt security:                      Bond linked instalment notes
Nominal issued:                             ZAR 25 000 000.00
Issue date:                                 14 July 2020
Interest commencement date:                 14 July 2020
Other:                                      The pricing supplement contains additional terms and conditions to the
                                            terms and conditions as contained in the programme
Summary of additional terms:                Please refer to the early redemption, reference bond and hedging
                                            disruption provisions contained in the pricing supplement

Debt security code:                         FRC343
ISIN:                                       ZAG000169533
Type of debt security:                      Credit linked instalment notes
Nominal issued:                             ZAR 180 000 000.00
Issue date:                                 15 July 2020
Interest commencement date:                 15 July 2020
Other:                                      The pricing supplement contains additional terms and conditions to the
                                            terms and conditions as contained in the programme
Summary of additional terms:                Please refer to the reference obligation early redemption event, early
                                            redemption and credit linked note provisions contained in the pricing
                                            supplement

Issue price:                                100%
Coupon rate:                                3 Month JIBAR plus 200 basis points
Interest determination date(s):             The first Business Day of each Interest Period
First interest payment date:                21 September 2020
Interest payment date(s):                   21 March, 21 June, 21 September and 21 December of each year until
                                            the Maturity Date
Last day to register:                       By 17:00 on 16 March, 16 June, 16 September and 16 December of each
                                            year until the Maturity Date
Books close:                                17 March, 17 June, 17 September and 17 December of each year until
                                            the Maturity Date
Business day convention:                    Modified Following Business Day
Maturity date:                              21 December 2027
Final maturity amount:                      As determined by the Calculation Agent in accordance with paragraph 46
                                            of each of the pricing supplements
Programme amount:                           ZAR 30 000 000 000.00
Total notes in issue under programme:       ZAR 28 579 100 735.57 as at the signature date of the FRC343
                                            pricing supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited

13 July 2020

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 13-07-2020 08:00:00
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