FIRSTRAND BANK LIMITED - FRC347 - Listing of New Financial Instrument

FRC347 - 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: FRC347
ISIN: ZAG000171562
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its senior unsecured unsubordinated credit linked notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 9 October 2020.

Debt security code:                          FRC347
ISIN:                                        ZAG000171562
Type of debt security:                       Credit linked notes
Nominal issued:                              ZAR 35 000 000.00
Issue date:                                  9 October 2020
Issue price:                                 100%
Interest commencement date:                  9 October 2020
Coupon rate:                                 3 Month JIBAR plus 574 basis points
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:                 27 December 2020
Interest payment date(s):                    27 March, 27 June, 27 September and 27 December of each year until
                                             the Maturity Date
Last day to register:                        By 17:00 on 22 March, 22 June, 22 September and 22 December of each
                                             year until the Maturity Date
Books close:                                 23 March, 23 June, 23 September and 23 December of each year until
                                             the Maturity Date
Maturity date:                               27 March 2024, subject to paragraph 51 of the pricing supplement
Business day convention:                     Modified Following Business Day
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 net asset value event and reference obligation early
                                             redemption event, early redemption at the option of the issuer, early
                                             redemption amount and credit linked notes provisions contained in the
                                             pricing supplement
Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 23 585 155 771.93 as at the signature date of the FRC346
                                             pricing supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



07 October 2020

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

Date: 07-10-2020 02:35:00
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