FIRSTRAND BANK LIMITED - FRC308 - Listing of New Financial Instrument

FRC308 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRC308
ISIN: ZAG000161605
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its senior unsecured unsubordinated credit-linked
notes, in terms of its note programme (the programme) dated 29 November 2011, as amended and updated from time
to time, effective 13 August 2019.

Debt security code:                          FRC308
ISIN:                                        ZAG000161605
Nominal issued:                              ZAR 50 000 000.00
Type of debt security:                       Credit-linked notes
Issue date:                                  13 August 2019
Issue price:                                 100%
Coupon rate:                                 3 month JIBAR plus 302 basis points
Interest commencement date:                  13 August 2019
Interest determination date(s):              The first business day of each interest period
First interest payment date:                 31 August 2019
Interest payment date(s):                    28 February, 31 May, 31 August and 30 November of each year until the
                                             Maturity Date
Last day to register:                        By 17:00 on 23 February, 26 May, 26 August and 25 November of each
                                             year until the Maturity Date
Books close:                                 24 February, 27 May, 27 August and 26 November of each year until the
                                             Maturity Date
Maturity date:                               31 May 2024, subject to paragraph 51 of the pricing supplement
Final maturity amount:                       100% of the aggregate nominal amount, subject to the provisions
                                             contained in the pricing supplement
Business day convention:                     Modified Following Business Day
Other:                                       The pricing supplement contains changes to the terms and conditions as
                                             contained in the programme
Summary of additional terms:                 Please refer to the net asset value and reference obligation early
                                             redemption event, the early redemption and early redemption amount,
                                             the final redemption amount and credit-linked note provisions contained
                                             in the pricing supplement


Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 21 675 673 936.58
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division


12 August 2019

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

Date: 12/08/2019 10:42:00
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