FRC459 - 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: FRC459 ISIN: ZAG000194622
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENT
The JSE has granted FRB the listing of its FRC459 senior unsecured unsubordinated notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 14 March 2023.
Debt security code: FRC459
ISIN: ZAG000194622
Type of debt security: Credit linked notes
Nominal issued: ZAR 100 000 000.00
Issue date: 14 March 2023
Issue price: 101.2907230% of par
Interest commencement date: 31 January 2023
Coupon rate: 3 Month JIBAR plus 375 basis points for the interest periods commencing
on (and including) the interest commencement date and ending on (but
excluding) the first instalment date with a maximum rate of 12.115%, 3
Month JIBAR plus 300 basis points with a maximum rate of 11.907 for the
interest period commencing on (and including) the first instalment date
and ending on (but excluding) 31 October 2028 and a fixed interest rate
of 9.35% for the interest periods commencing on (and including) 31
October 2028 and ending on (but excluding) the maturity date
Interest determination date(s): The first business day of each interest period, with the first interest
determination date being the issue date
First interest payment date: 30 April 2023
Interest payment date(s): 31 January, 30 April, 31 July and 31 October of each year until the
maturity date and the maturity date
Last day to register: By 17:00 on 26 January, 25 April, 26 July and 26 October of each year
until the maturity date and 2 December 2033
Books close: 27 January, 26 April, 27 July and 27 October of each year until the
maturity date and 3 December 2033
Business day convention: Modified following business day
Maturity date: 7 December 2033, subject to paragraph 51 of the pricing supplement
Final maturity amount: 100% of the aggregate nominal amount
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 cessation of interest, the mixed rate note provisions,
the net asset value and reference obligation early redemption events, the
early redemption at the option of the issuer, the early redemption amount
and the credit linked notes provisions as contained in the pricing
supplement
Programme amount: ZAR 60 000 000 000.00
Total notes in issue under programme: ZAR 32 178 756 098.47 as at the signature date of the pricing
supplement
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
13 March 2023
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 13-03-2023 11:23:00
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