FIRSTRAND BANK LIMITED - FRS234 - Listing of New Financial Instrument

FRS234 - 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: FRS234
ISIN: ZAG000170523
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited (JSE) has granted FRB the listing of its unsecured structured notes, in terms of its note programme
(the programme) dated 29 November 2011, as amended from time to time, effective 7 September 2020.


Debt security code:                          FRS234
ISIN:                                        ZAG000170523
Type of debt security:                       Single index and currency linked notes
Nominal issued:                              ZAR 250 000 000.00
Issue date:                                  7 September 2020
Issue price:                                 100%
Coupon rate:                                 4.5% per annum payable semi-annually in arrear
Fixed coupon amount:                         An amount in ZAR determined and calculated by the Calculation Agent in
                                             accordance with the following formula:
                                                 ANA * FC * DC * (FXFID/FXFSD)
                                             All definitions used in this calculation are as per the pricing supplement
Interest payment date(s):                    28 February and 28 August of each year until the Maturity Date
Last day to register:                        By 17:00 on 23 February and 23 August of each year until the Maturity
                                             Date
Books close:                                 24 February and 24 August of each year until the Maturity Date
Business day convention:                     Following Business Day
Maturity date:                               28 August 2025
Final maturity amount:                       An amount in ZAR determined and calculated by the Calculation Agent
                                             equal to the Index Linked Redemption Amount:
                                                 ILRA = ANA * ((FIL / IIL) - CP)) * (FXFVD/FXFSD)
                                             All definitions used in this calculation are as per the pricing supplement
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 fixed coupon amount, early redemption at the option
                                             of the issuer, final and early redemption amounts, increased cost of
                                             hedging and FX disruption provisions contained in the pricing supplement

Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 23 347 284 564.99 as at the signature date of the pricing
                                             supplement
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division



4 September 2020

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

Date: 04-09-2020 12:49:00
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