FIRSTRAND BANK LIMITED - FRC322 FRC323 - Listing of New Financial Instruments

FRC322 FRC323 - Listing of New Financial Instruments

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRC322 ISIN: ZAG000163783
Bond code: FRC323 ISIN: ZAG000163874
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FirstRand Bank Limited the listing of its FRC322 and FRC323 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 25 October 2019 and 29 October 2019 respectively.

Debt security code:                          FRC322
ISIN:                                        ZAG000163783
Nominal issued:                              ZAR 200 000 000.00
Issue date:                                  25 October 2019
Coupon rate:                                 3 month JIBAR plus 448 basis points
Interest commencement date:                  25 October 2019

Debt security code:                          FRC323
ISIN:                                        ZAG000163874
Nominal issued:                              ZAR 65 000 000.00
Issue date:                                  29 October 2019
Coupon rate:                                 3 month JIBAR plus 336 basis points
Interest commencement date:                  29 October 2019


Maturity date:                               20 December 2024
Type of debt security:                       Credit-linked notes
Issue price:                                 100%
Interest determination date(s):              The first business day of each Interest Period
First interest payment date:                 20 December 2019
Interest payment date(s):                    20 March, 20 June, 20 September and 20 December of each year until
                                             the Maturity Date
Last day to register:                        By 17:00 on 15 March, 15 June, 15 September and 15 December of each
                                             year until the Maturity Date
Books close:                                 16 March, 16 June, 16 September and 16 December of each year until
                                             the Maturity Date
Business day convention:                     Modified Following Business Day
Final maturity amount:                       100% of the Aggregate Nominal Amount
Other:                                       The pricing supplements contain changes to the terms and conditions as
                                             contained in the programme
Summary of additional terms:                 Please refer to the early redemption, reference CDS and
                                             credit-linked note provisions contained in the pricing supplements
Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under the programme
as at 29 October 2019:                       ZAR 24 156 803 390.58
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division


24 October 2019

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

Date: 24/10/2019 01:45:00
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