FIRSTRAND BANK LIMITED - FRS215 - Notification of a full capital reduction and accrued interest payment of listed debt securities

FRS215 - Notification of a full capital reduction and accrued interest payment of listed debt securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS215
ISIN: ZAG000167339
(FRB)


NOTIFICATION OF A FULL CAPITAL REDUCTION AND ACCRUED INTEREST PAYMENT OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000.00 note programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of a full capital reduction
and accrued interest payment of the FRS215 notes.

Bond code:                                                       FRS215
ISIN:                                                            ZAG000167339

Nominal amount before reduction:                                 ZAR 3 967 623.58
Reduction of nominal amount:                                     ZAR 3 967 623.58
Nominal amount after reduction:                                  ZAR 0.00
Settlement / redemption amount:                                  ZAR 671 073.22
Pay date of the repurchase and accrued interest:                 20 August 2020
Effective date of the reduction in nominal amount:               20 August 2020

Accrued interest amount:                                         ZAR 23 844.00, included in the settlement
                                                                 amount
Annualised interest rate:                                        3.917%
Interest period:                                                 22 June 2020 to 17 August 2020

The full capital reduction is due to the repurchase of the FRS215 listed debt securities by FRB.



18 August 2020

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

Date: 18-08-2020 05:15:00
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