FIRSTRAND BANK LIMITED - FRS240 and FRS243 - Listing of New Financial Instrument and Tap Issue

FRS240 and FRS243 - Listing of New Financial Instrument and Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS240            ISIN: ZAG000172198
Bond code: FRS243            ISIN: ZAG000173220
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT AND TAP ISSUE

The JSE has granted FRB the listing of its FRS243 and the additional listing of its FRS240 senior unsecured
unsubordinated structured notes, in terms of its note programme (the programme) dated 29 November 2011, as
amended from time to time, effective 9 December 2020 and 14 December 2020, respectively.

Debt security code:                       FRS243
ISIN:                                     ZAG000173220
Nominal issued:                           ZAR 25 000 000.00
Issue date:                               9 December 2020
Issue price:                              100% of par
Interest commencement date:               9 December 2020
Coupon rate:                              3 Month JIBAR plus 552.2 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:              9 March 2021
Interest payment date(s):                 9 March, 9 June, 9 September and 9 December of each year until the
                                          Maturity Date
Last day to register:                     By 17:00 on 4 March, 4 June, 4 September and 4 December of each year
                                          until the Maturity Date
Books close:                              5 March, 5 June, 5 September and 5 December of each year until the
                                          Maturity Date
Maturity date:                            9 December 2023
Final redemption amount:                  Physical settlement of the Reference Bond as defined in paragraph 93 of
                                          the pricing supplement
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, reference bond early
                                          redemption event, early redemption at the option of the issuer, final
                                          redemption and early redemption amount, reference bond and hedging
                                          disruption provisions contained in the pricing supplement


Debt security code:                        FRS240
ISIN:                                      ZAG000172198
Nominal Before Issue:                      ZAR 25 000 000.00
Nominal Issued:                            ZAR 60 000 000.00
Nominal After Issue:                       ZAR 85 000 000.00
Issue date:                                14 December 2020
Issue price:                               100.651507% of par
Interest commencement date:                3 November 2020
Coupon rate:                               3 Month JIBAR plus 247 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:               31 December 2020
Interest payment date(s):                  31 March, 30 June, 30 September and 31 December of each year until
                                           the Maturity Date
Last day to register:                      By 17:00 on 26 March, 25 June, 25 September and 26 December of each
                                           year until the Maturity Date
Books close:                               27 March, 26 June, 26 September and 27 December of each year until
                                           the Maturity Date
Maturity date:                             31 March 2032
Final maturity amount:                     ZAR 60 000 000.00
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, reference bond early
                                           redemption event, early redemption at the option of the issuer, early
                                           redemption amount, reference bond and hedging disruption provisions
                                           contained in the pricing supplement

Type of debt security:                     Bond Linked notes
Business day convention:                   Modified Following Business Day
Programme amount:                          ZAR 30 000 000 000.00
Total notes in issue under programme:      ZAR 23 095 409 148.93 as at the signature date of the FRS243
                                           pricing supplement
Dealer:                                    Rand Merchant Bank, a division of FirstRand Bank Limited



10 December 2020

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

Date: 10-12-2020 04:15:00
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