FIRSTRAND BANK LIMITED - FRS216 - Notification of the Full Capital Reduction and Accrued Interest Payment of Listed Debt Securities

FRS216 - Notification of the Full Capital Reduction and Accrued Interest Payment 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: FRS216
ISIN: ZAG000167537
(FRB)


Notification Of The Full Capital Reduction And Accrued Interest Payment Of Listed Debt Securities

In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000.00 note programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of the full capital reduction
and accrued interest payment of the FRS216 notes.


Bond code:                                                       FRS216
ISIN:                                                            ZAG000167537

Nominal amount before reduction:                                 ZAR 9 270 539.00
Reduction of nominal amount:                                     ZAR 9 270 539.00
Nominal amount after reduction:                                  ZAR 0.00
Settlement / redemption amount:                                  ZAR 6 524 768.00
Pay date of the repurchase and accrued interest:                 15 June 2020
Effective date of the reduction in nominal amount:               15 June 2020

Accrued interest amount:                                         ZAR 92 583.48, included in the settlement
                                                                 amount
Annualised interest rate:                                        5.608%
Interest period:                                                 6 April 2020 to 10 June 2020

The full capital reduction is due to the repurchase of the FRS216 listed debt securities by FRB.



12 June 2020

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

Date: 12-06-2020 10:05:00
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