FIRSTRAND BANK LIMITED - FRS305 - Listing of New Financial Instrument

FRS305 - 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: FRS305       ISIN: ZAG000186792
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its FRS305 unsecured structured notes, in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 13 June
2022.


Debt security code:                         FRS305
ISIN:                                       ZAG000186792
Type of debt security:                      Floating rate note
Nominal issued:                             ZAR 60 000 000.00
Issue date:                                 13 June 2022
Issue price:                                102.034% of par
Interest commencement date:                 6 April 2022
Coupon rate:                                3 Month JIBAR plus 670 basis points from and including the interest
                                            commencement date until and excluding 6 July 2022, thereafter 3 Month
                                            JIBAR plus 200 basis points
First interest payment date:                6 July 2022
Interest payment date(s):                   6 January, 6 April, 6 July and 6 October of each year until the maturity
                                            date
Last day to register:                       By 17:00 on 1 January, 1 April, 1 July and 1 October of each year until
                                            the maturity date
Books close:                                2 January, 2 April, 2 July and 2 October of each year until the maturity
                                            date
Business day convention:                    Modified Following Business Day
Maturity date:                              6 July 2023
Final maturity amount:                      An amount in ZAR determined and calculated by the Calculation agent
                                            equal to the Swap Linked Redemption Amount:
                                            SLRA = N + L*C
                                            All definitions used in this calculation are as per the pricing supplement
Other:                                      FRS222 has been settled free of value as FRS305 replaces FRS222,
                                            FRS305 will settle free of value as well.
                                            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 provisions contained in the pricing
                                            supplement
Programme amount:                           ZAR 60 000 000 000.00
Total notes in issue under programme:       ZAR 29 183 834 399.30 as at the signature date of the pricing
                                            supplement
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank division



10 June 2022

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

Date: 10-06-2022 05:00:00
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.