FRC471 FRC472 - 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: FRC471 ISIN: ZAG000196494
Bond code: FRC472 ISIN: ZAG000196528
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FRB the listings of its FRC471 and FRC472 senior unsecured unsubordinated notes, in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 26 May
2023.
Debt security code: FRC471
ISIN: ZAG000196494
Nominal issued: ZAR 59 000 000.00
Coupon rate: 3 Month JIBAR plus 300 basis points, for all interest periods commencing
from the issue date and ending on but excluding 30 April 2027, 3 Month
JIBAR plus 270 basis points from 30 April 2027 and ending on but
excluding 31 October 2029 and 9.760% for all interest periods
commencing from 31 October 2029 and ending on but excluding the
maturity date
Debt security code: FRC472
ISIN: ZAG000196528
Nominal issued: ZAR 50 000 000.00
Coupon rate: 3 Month JIBAR plus 300 basis points, for all interest periods commencing
from the issue date and ending on but excluding 31 October 2028 with a
maximum rate of 12.443% and 11.640% for all interest periods
commencing from 31 October 2028 and ending on but excluding the
maturity date
Type of debt security: Credit linked notes
Issue date: 26 May 2023
Issue price: 100.8406% of par
Interest commencement date: 28 April 2023
Interest determination date(s): The first business day of each interest period, with the first interest
determination date being 28 April 2023
First interest payment date: 31 July 2023
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 2040, subject to paragraph 51 of the pricing supplements
Business day convention: Modified following business day
Final maturity amount: 100% of the aggregate nominal amount
Other: The pricing supplements contain additional terms and conditions to the
terms and conditions as contained in the programme
Summary of additional terms: Please refer to the cessation of interest, the mixed rate note provisions,
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 supplements
Programme amount: ZAR 60 000 000 000.00
Total notes in issue under programme: ZAR 34 046 123 740.97 as at the signature date of the pricing
supplements
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
25 May 2023
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25-05-2023 04:55:00
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