To view the PDF file, sign up for a MySharenet subscription.

FIRSTRAND BANK LIMITED - FRS280 FRS281 - Listing of New Financial Instruments

Release Date: 30/09/2021 11:48
Code(s): FRS281 FRS280     PDF:  
Wrap Text
FRS280 FRS281 - Listing of New Financial Instruments

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS280       ISIN: ZAG000180423
Bond code: FRS281       ISIN: ZAG000180449
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FirstRand Bank Limited the listing of its FRS280 senior unsecured unsubordinated
notes and its FRS281 unsecured notes, in terms of its note programme (the programme) dated 29 November 2011,
as amended from time to time, effective 1 October 2021 and 4 October 2021 respectively.

Debt security code:                         FRS280
ISIN:                                       ZAG000180423
Type of debt security:                      Fixed rate notes
Nominal issued:                             ZAR 30 000 000.00
Issue date:                                 1 October 2021
Issue price:                                100% of par
Coupon rate:                                9.53% per annum payable semi-annually
Interest commencement date:                 1 October 2021
First interest payment date:                31 March 2022
Interest payment date(s):                   31 March and 30 September of each year until the Maturity Date
Last day to register:                       By 17:00 on 26 March and 25 September of each year until the
                                            Maturity Date
Books close:                                27 March and 26 September of each year until the Maturity Date
Business day convention:                    Modified Following Business Day
Maturity date:                              31 March 2032
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 reference bond early redemption event, the early
                                            redemption at the option of the issuer, the early redemption amount and
                                            the reference bond and hedging disruption provisions contained in the
                                            pricing supplement


Debt security code:                         FRS281
ISIN:                                       ZAG000180449
Type of debt security:                      Single index and currency linked notes
Nominal issued:                             ZAR 450 000 000.00
Issue date:                                 4 October 2021
Issue price:                                100% of par
Last day to register:                       By 17:00 on 30 September 2026
Books close:                                1 October 2026
Business day convention:                    Following Business Day
Maturity date:                              5 October 2026
Final maturity amount:                      An amount in ZAR determined and calculated by the Calculation Agent
                                            equal to the Index Linked Redemption Amount:
                                                 ILRA = ANA * (100% + PPN * MAX(FIL / IIL -100%; 0) *
                                                FXFVD/FXFSD)
                                            All definitions used in this calculation 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 early redemption at the option of the issuer, the final
                                            and early redemption amounts, the increased cost of hedging and the FX
                                            disruption provisions contained in the pricing supplement


Programme amount:                           ZAR 30 000 000 000.00
Total notes in issue under programme:       ZAR 25 872 736 222.14 as at the signature date of the FRS280
                                            pricing supplement
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank division



30 September 2021

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

Date: 30-09-2021 11:48:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.