FRB34 - 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: FRB34
ISIN: ZAG000192238
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENT
The JSE has granted FirstRand Bank Limited approval for the listing of its unsecured subordinated additional Tier 1
capital notes, in terms of its domestic medium term note programme (the programme) dated 13 April 2021, as
amended from time to time, effective 2 December 2022.
Debt security code: FRB34
ISIN: ZAG000192238
Type of debt security: Floating rate notes
Nominal issued: ZAR 2 804 000 000.00
Issue date: 2 December 2022
Issue price: 100%
Interest commencement date: 2 December 2022
Coupon rate: 3 Month JIBAR plus 340 basis points
Interest determination date(s): 28 November 2022 for the first interest period and thereafter the first
business day of each interest period
First interest payment date: 2 March 2023
Interest payment date(s): 2 March, 2 June, 2 September and 2 December of each year until the
Maturity date
Last day to register: The register will be closed by 17:00 on 19 February, 22 May, 22 August
and 21 November, or if such day is not a Business Day, the Business
Day preceding each Books Closed Period, for each year until the Maturity
date
Books closed periods: The register will be closed from 20 February to 1 March, 23 May to 1
June, 23 August to 1 September and 22 November to 1 December (all
dates inclusive) for each year until the Maturity date
Maturity date: Perpetual, subject to paragraph 19 of the pricing supplement
Business day convention: Modified Following business day
Final maturity amount: The aggregate outstanding Nominal Amount (plus accrued interest, if any,
to the Maturity Date)
Other: The pricing supplement contains additional terms and conditions in
addition to the terms and conditions contained in the programme
Summary of additional terms: Please refer to the provisions applicable to subordinated notes,
provisions regarding redemption/maturity, trigger events and the
additional conditions section contained in the pricing supplement
Programme amount: ZAR 100 000 000 000.00
Total notes in issue under programme: ZAR 75 070 580 830.00 as at the signature date of the FRB34
pricing supplement
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
30 November 2022
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 30-11-2022 03:51:00
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