FIRSTRAND BANK LIMITED - FRB28 - Listing Of New Financial Instrument

FRB28 - 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: FRB28
ISIN: ZAG000172925
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its unsecured subordinated Additional Tier 1 capital notes, in terms of its
domestic medium term note programme (the programme) dated 1 October 2019, as amended from time to time,
effective 2 December 2020.

Debt security code:                          FRB28
ISIN:                                        ZAG000172925
Type of debt security:                       Floating rate notes
Nominal issued:                              ZAR 1 400 000 000.00
Issue date:                                  2 December 2020
Issue price:                                 100%
Interest commencement date:                  2 December 2020
Coupon rate:                                 3 Month JIBAR plus 440 basis points
Interest determination date(s):              27 November 2020 for the first interest period and thereafter the first
                                             business day of each interest period
First interest payment date:                 2 March 2021
Interest payment date(s):                    2 March, 2 June, 2 September and 2 December of each year until the
                                             maturity date
Last day to register:                        By 17:00 on 19 February, 22 May, 22 August and 21 November of each
                                             year until the maturity date
Books close:                                 20 February, 23 May, 23 August and 22 November of each year until the
                                             maturity date
Maturity date:                               Perpetual, subject to the conditions as detailed in line 19 of the pricing
                                             supplement
Business day convention:                     Modified following business day
Final maturity amount:                       The aggregate outstanding nominal amount (plus accrued interest, if any,
                                             to the maturity date)
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 provisions regarding redemption/maturity, other terms
                                             applicable on redemption provisions and trigger events contained in the
                                             pricing supplement

Programme amount:                            ZAR 100 000 000 000.00
Total notes in issue under programme:        ZAR 70 598 780 829.61 as at the signature date of the FRB28
                                             pricing supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



30 November 2020

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

Date: 30-11-2020 10:27:00
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