FIRSTRAND BANK LIMITED - FRC547 FRC548 - Listing of New Financial Instruments

FRC547 FRC548 - 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: FRC547       ISIN: ZAG000209347
Bond code: FRC548       ISIN: ZAG000209354
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listings of its FRC547 and FRC548 senior unsecured unsubordinated notes, in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 1 October
2024.

Type of debt security:                      Credit linked notes

Debt security code:                         FRC547
ISIN:                                       ZAG000209347
Nominal issued:                             R 18 820 731.00
Issue price:                                265.6644900% of par
Interest commencement date:                 7 June 2024
Coupon rate:                                3.45% per annum payable semi-annually on the adjusted nominal
                                            amount, as per the paragraph 21 of the pricing supplement
First interest payment date:                7 December 2024
Interest payment date(s):                   7 June and 7 December in each year until the maturity date
Last day to register:                       By 17:00 on 2 June and 2 December in each year until the maturity date
Books close:                                3 June and 3 December in each year until the maturity date
Maturity date:                              7 December 2033, subject to paragraph 51 of the pricing supplement
Final redemption amount:                    FRA = ANA × CPIA, 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 cessation of interest, the fixed rate note, the reference
                                            obligation early redemption event, the early redemption at the option of
                                            the issuer, the final and early redemption amounts and the credit linked
                                            notes provisions as contained in the pricing supplement

Debt security code:                         FRC548
ISIN:                                       ZAG000209354
Nominal issued:                             R 50 000 000.00
Issue price:                                100% of par
Interest commencement date:                 1 October 2024
Coupon rate:                                3 Month JIBAR plus 161 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:                20 December 2024
Interest payment date(s):                   20 March, 20 June, 20 September and 20 December in each year until
                                            the maturity date
Last day to register:                       By 17:00 on 15 March, 15 June, 15 September and 15 December in each
                                            year until the maturity date
Books close:                                16 March, 16 June, 16 September and 16 December in each year until
                                            the maturity date
Maturity date:                              20 December 2029, subject to paragraph 51 of the pricing supplement
Final redemption amount:                    100% of the aggregate nominal amount, subject to paragraph 51 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 cessation of interest, the early redemption at the
                                            option of the issuer, the early redemption amount and the credit linked
                                            notes provisions as contained in the pricing supplement


THE BELOW SECTION IS APPLICABLE TO THE FRC547 AND FRC548 NOTES ABOVE:

Issue date:                                 1 October 2024
Business day convention:                    Modified following business day
Programme amount:                           R 60 000 000 000.00
Total notes in issue under programme:       R 42 841 079 432.07 as at the signature date of the FRC548
                                            pricing supplement
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank division


27 September 2024

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 27-09-2024 01:55:00
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