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FRC394 FRC395 FRC396 - 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: FRC394 ISIN: ZAG000184623
Bond code: FRC395 ISIN: ZAG000184607
Bond code: FRC396 ISIN: ZAG000184656
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FRB the listing of its FRC394, FRC395 and FRC396 senior unsecured unsubordinated notes,
in terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective
18 March 2022.
Debt security code: FRC394
ISIN: ZAG000184623
Nominal issued: ZAR 50 000 000.00
Coupon rate: 3 Month JIBAR plus 305 basis points
First interest payment date: 27 March 2022
Interest payment date(s): 27 March, 27 June, 27 September and 27 December of each year until
the maturity date
Last day to register: By 17:00 on 22 March, 22 June, 22 September and 22 December of each
year until the maturity date
Books close: 23 March, 23 June, 23 September and 23 December of each year until
the Maturity Date
Maturity date: 27 March 2024, subject to paragraph 51 of the pricing supplement
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 net asset value and reference obligation early
redemption events, 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
Debt security code: FRC395
ISIN: ZAG000184607
Nominal issued: ZAR 75 000 000.00
Floating coupon rate: 3 Month JIBAR plus 300 basis points, for all Interest Periods commencing
on the Issue Date and ending on but excluding 31 January 2027
Fixed coupon rate: 8.20% per annum, for all Interest Periods commencing on 31 January
2027 and ending on but excluding the Maturity Date, subject to the
applicable Business Day Convention
First interest payment date: 30 April 2022
Interest payment date(s): 31 January, 30 April, 31 July and 31 October of each year until the
maturity date
Last day to register: By 17:00 on 26 January, 25 April, 26 July and 26 October of each year
until the maturity date
Books close: 27 January, 26 April, 27 July and 27 October of each year until the
maturity date
Maturity date: 31 January 2030, subject to paragraph 51 of the pricing supplement
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 obligation early redemption event, 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
Debt security code: FRC396
ISIN: ZAG000184656
Nominal issued: ZAR 25 000 000.00
Coupon rate: 3 Month JIBAR plus 202 basis points
First interest payment date: 21 April 2022
Interest payment date(s): 21 January, 21 April, 21 July and 21 October of each year until the
maturity date
Last day to register: By 17:00 on 16 January, 16 April, 16 July and 16 October of each year
until the maturity date
Books close: 17 January, 17 April, 17 July and 17 October of each year until the
maturity date
Maturity date: 21 July 2025, subject to paragraph 51 of the pricing supplement
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 net asset value and reference obligation early
redemption events, 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
Type of debt security: Credit linked notes
Issue date: 18 March 2022
Issue price: 100% of par
Interest commencement date: 18 March 2022
Interest determination date(s): The first business day of each interest period, with the first interest
determination date being the issue date
Business day convention: Modified following business day
Programme amount: ZAR 30 000 000 000.00
Total notes in issue under programme: ZAR 28 018 073 600.57 as at the signature date of the FRC394
pricing supplement
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
17 March 2022
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 17-03-2022 03:20:00
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