FIRSTRAND BANK LIMITED - FRS238 - Listing of New Financial Instrument

FRS238 - 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: FRS238
ISIN: ZAG000171679
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its senior unsecured unsubordinated bond linked notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 13 October 2020.

Debt security code:                          FRS238
ISIN:                                        ZAG000171679
Type of debt security:                       Bond linked notes
Nominal issued:                              ZAR 25 000 000.00
Issue date:                                  13 October 2020
Issue price:                                 100%
Interest commencement date:                  13 October 2020
Coupon rate:                                 3 Month JIBAR plus 635 basis points
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:                 13 January 2021
Interest payment date(s):                    13 January, 13 April, 13 July and 13 October of each year until the
                                             Maturity Date
Last day to register:                        By 17:00 on 8 January, 8 April, 8 July and 8 October of each year until
                                             the Maturity Date
Books close:                                 9 January, 9 April, 9 July and 9 October of each year until the Maturity
                                             Date
Maturity date:                               13 October 2023
Business day convention:                     Modified Following Business Day
Final maturity amount:                       Physical settlement of the Reference Bond
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 net asset value event, reference bond early
                                             redemption event, early redemption at the option of the issuer, final
                                             redemption amount, early redemption amount, reference bond and
                                             hedging disruption provisions contained in the pricing supplement
Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 23 560 155 771.93 as at the signature date of the FRS238
                                             pricing supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



12 October 2020

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

Date: 12-10-2020 10:05:00
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