FIRSTRAND BANK LIMITED - FRC466 - Notification of a Reference Obligation Early Redemption Event, Early Redemption & Accrued Interest Payment

FRC466 - Notification of a Reference Obligation Early Redemption Event, Early Redemption & Accrued Interest Payment

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Company code: FRII
Bond code: FRC466       ISIN: ZAG000195181
LEI: ZAYQDKTCATIXF9OQY690
(FRB)


NOTIFICATION OF A REFERENCE OBLIGATION EARLY REDEMPTION EVENT, EARLY
REDEMPTION OF THE FRC466 NOTES AND ACCRUED INTEREST PAYMENT

Noteholders are advised that FRB hereby gives notice, in accordance with the terms and conditions of
the R60 000 000 000.00 note programme dated 29 November 2011 (the note programme) as amended
from time to time, of the occurrence of a reference obligation early redemption event on the FRC466
notes (the notes).

Consequently, and in accordance with the terms and conditions of the note programme, noteholders
herewith advised of the full capital reduction of the notes and accrued interest payment.

Bond code:                                                      FRC466
ISIN:                                                           ZAG000195181
Nominal amount before reduction:                                R 48 500 000.00
Reduction in nominal amount:                                    R 48 500 000.00
Nominal amount after reduction:                                 R 0.00
Redemption amount:                                              R 49 057 086.00
Record date:                                                    14 May 2024
Pay date / early redemption date:                               15 May 2024

Accrued interest amount:                                        R 574 226.71
Coupon rate:                                                    10.050%
Interest period:                                                2 April 2024 to 14 May 2024

This reduction is due to the early redemption of the notes by FRB in accordance with the terms
and conditions of the notes.


10 May 2024

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

Date: 10-05-2024 05:05:00
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