FIRSTRAND BANK LIMITED - FRC342 - Listing of New Financial Instrument

FRC342 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC342
ISIN: ZAG000169459
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its senior unsecured unsubordinated credit linked notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 10 July 2020.


Debt security code:                          FRC342
ISIN:                                        ZAG000169459
Type of debt security:                       Credit linked notes
Nominal issued:                              ZAR 20 000 000.00
Issue date:                                  10 July 2020
Issue price:                                 100%
Coupon rate:                                 3 Month JIBAR plus 122 basis points
Interest determination date(s):              The first Business Day of each Interest Period
Interest commencement date:                  10 July 2020
First interest payment date:                 17 August 2020
Interest payment date(s):                    17 February, 17 May, 17 August and 17 November of each year until the
                                             Maturity Date
Last day to register:                        By 17:00 on 12 February, 12 May, 12 August and 12 November of each
                                             year until the Maturity Date
Books close:                                 13 February, 13 May, 13 August and 13 November of each year until the
                                             Maturity Date
Business day convention:                     Modified Following Business Day
Maturity date:                               17 August 2021
Final maturity amount:                       100% of the Aggregate Nominal Amount
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

Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 28 155 750 735.57 as at the issue date
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



8 July 2020

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

Date: 08-07-2020 11:49:00
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