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FIRSTRAND BANK LIMITED - FRJ27G FRJ29G FRJ31G - Listing of new green bonds

Release Date: 15/05/2024 10:59
Code(s): FRJ27G FRJ29G FRJ31G     PDF:  
Wrap Text
FRJ27G FRJ29G FRJ31G - Listing of new green bonds

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRJ27G            ISIN: ZAG000205568
Bond code: FRJ29G            ISIN: ZAG000205550
Bond code: FRJ31G            ISIN: ZAG000205543
(FRB)


LISTING OF NEW GREEN BONDS

The JSE Limited (JSE) has granted FRB the listings of its FRJ27G, FRJ29G and FRJ31G senior unsecured floating
rate notes (intended to be issued as Green Bonds), in terms of its domestic medium term note programme
(programme) pursuant to the programme memorandum dated 13 April 2021, as amended and/or supplemented from
time to time, effective 16 May 2024.

Debt security code:                      FRJ27G
ISIN:                                    ZAG000205568
Nominal issued:                          R 500 000 000.00
Coupon rate:                             3 Month JIBAR plus 103 basis points, subject to the terms and conditions
                                         as contained in paragraph 28 of the pricing supplement
Maturity date:                           16 May 2027

Debt security code:                      FRJ29G
ISIN:                                    ZAG000205550
Nominal issued:                          R 1 713 000 000.00
Coupon rate:                             3 Month JIBAR plus 120 basis points, subject to the terms and conditions
                                         as contained in paragraph 28 of the pricing supplement
Maturity date:                           16 May 2029

Debt security code:                      FRJ31G
ISIN:                                    ZAG000205543
Nominal issued:                          R 1 146 000 000.00
Coupon rate:                             3 Month JIBAR plus 130 basis points, subject to the terms and conditions
                                         as contained in paragraph 28 of the pricing supplement
Maturity date:                           16 May 2031


Type of debt security:                   Floating rate notes, intended to be issued as green bonds
Issue date:                              16 May 2024
Issue price:                             100%
Interest commencement date:              16 May 2024
Interest determination date(s):          For each interest period, the first business day of that interest period,
                                         provided that the interest determination date for the first interest period
                                         will be 13 May 2024
First interest payment date:             16 August 2024
Interest payment date(s):                16 February, 16 May, 16 August and 16 November each year to the
                                         maturity date
Last day to register:                    By 17:00 on 10 February, 10 May, 10 August and 10 November each
                                         year until the maturity date
Books close:                             From 11 February to 15 February, 11 May to 15 May, 11 August to 15
                                         August and 11 November to 15 November each year until the maturity
                                         date
Business day convention:                 Following business day
Final maturity amount:                   100% of the aggregate outstanding nominal value
Other:                                   The pricing supplements contain additional terms and conditions to the
                                         terms and conditions as contained in the programme
Summary of additional terms:             Please refer to the margin, use of proceeds and rights of cancellation
                                         provisions as contained in the FRJ27G, FRJ29G and FRJ31G pricing
                                         supplements
Programme amount:                        R 100 000 000 000.00
Total notes in issue under programme:    R 83 996 722 409.00 as at the signature date of the FRJ27G,
                                         FRJ29G and FRJ31G pricing supplements
Dealer:                                  FirstRand Bank Limited, acting through its Rand Merchant Bank division



15 May 2024

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 15-05-2024 10:59:00
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