FIRSTRAND BANK LIMITED - FRC325 and FRC326 - Listing Of New Financial Instruments

FRC325 and FRC326 - 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: FRC325            ISIN: ZAG000164302
Bond code: FRC326            ISIN: ZAG000164310
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

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 14 November 2019.

Type of debt security:                     Credit-linked notes

Debt security code:                        FRC325
ISIN:                                      ZAG000164302
Nominal issued:                            ZAR 50 000 000.00
Coupon rate:                               3 month JIBAR plus 160 basis points
First interest payment date:               2 January 2020
Interest payment date(s):                  2 January, 2 April, 2 July and 2 October of each year until the Maturity
                                           Date
Last day to register:                      By 17:00 on 28 December, 28 March, 27 June and 27 September of each
                                           year until the Maturity Date
Books close:                               29 December, 29 March, 28 June and 28 September of each year until
                                           the Maturity Date
Maturity date:                             2 April 2024
Final maturity amount:                     100% of the Aggregate Nominal Amount

Debt security code:                        FRC326
ISIN:                                      ZAG000164310
Nominal issued:                            ZAR 100 000 000.00
Coupon rate:                               3 month JIBAR plus 320 basis points
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
Maturity date:                             20 December 2022, subject to paragraph 51
Final maturity amount:                     100% of the Aggregate Nominal Amount, subject to paragraph 51

Issue date:                                14 November 2019
Issue price:                               100%
Interest commencement date:                14 November 2019
Interest determination date(s):            The first business day of each Interest Period
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, early redemption 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 24 777 274 990.58
Dealer:                                    FirstRand Bank Limited, acting through its Rand Merchant Bank division

12 November 2019

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

Date: 12/11/2019 12:30:00
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