FIRSTRAND BANK LIMITED - FRC368 Listing of Tap Issue

FRC368 – Listing of Tap Issue

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC368
ISIN: ZAG000177031
(FRB)


LISTING OF TAP ISSUE

The JSE Limited has granted FRB the additional listing of its FRC368 senior unsecured unsubordinated notes, in
terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 21
July 2021.

Debt security code:                          FRC368
ISIN:                                        ZAG000177031
Type of debt securities:                     Credit linked notes
Nominal Before Issue:                        ZAR 25 000 000.00
Nominal Issued:                              ZAR 20 000 000.00
Nominal After Issue:                         ZAR 45 000 000.00
Issue date:                                  21 July 2021
Issue price:                                 101.047397% of par
Interest commencement date:                  10 June 2021
Coupon rate:                                 3 Month JIBAR plus 296 basis points
Interest determination date(s):              The first Business Day of each Interest Period
First interest payment date:                 31 August 2021
Interest payment date(s):                    28 February, 31 May, 31 August and 30 November of each year until the
                                             Maturity Date
Last day to register:                        By 17:00 on 23 February, 26 May, 26 August and 25 November of each
                                             year until the Maturity Date
Books close:                                 24 February, 27 May, 27 August and 26 November of each year until the
                                             Maturity Date
Business day convention:                     Modified Following Business Day
Maturity date:                               31 May 2024, subject to paragraph 51 of the pricing supplement
Final maturity amount:                       100% of the Aggregate Nominal Amount, provided that if the Reference
                                             Obligation is not redeemed in its entirety on the Optional Redemption
                                             Date, then the Final Redemption Amount will be the Recovery Amount
                                             plus or minus Net Settlement Costs determined on or about the Maturity
                                             Date. All definitions used in this paragraph are as per 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 and reference obligation early
                                             redemption event, early redemption at the option of the issuer, final
                                             redemption amount, 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 24 887 212 061.13 as at the signature date of the FRC368
                                             pricing supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



20 July 2021

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

Date: 20-07-2021 02:45:00
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