FIRSTRAND BANK LIMITED - FRS215 - Notification of the Partial Capital Reduction and Accrued Interest Payment of Listed Debt Securities

FRS215 - Notification of the Partial 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: FRS215
ISIN: ZAG000167339
(FRB)


NOTIFICATION OF THE PARTIAL 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 partial capital
reduction and accrued interest payment of the FRS215 notes.

Bond code:                                                      FRS215
ISIN:                                                           ZAG000167339

Nominal amount before reduction:                                ZAR 7 935 247.00
Reduction of nominal amount:                                    ZAR 3 967 623.42
Nominal amount after reduction:                                 ZAR 3 967 623.58
Settlement / redemption amount:                                 ZAR 1 438 009.00
Pay date of the repurchase and accrued interest:                22 June 2020
Effective date of the reduction in nominal amount:              22 June 2020

Accrued interest amount:                                        ZAR 51 816.07, included in the settlement
                                                                amount
Annualised interest rate:                                       5.608%
Interest period:                                                24 March 2020 to 17 June 2020

The partial capital reduction is due to the repurchase of the FRS215 listed debt securities by FRB.



19 June 2020

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

Date: 19-06-2020 07:40:00
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