FIRSTRAND BANK LIMITED - FRJ27S FRJ29S - Listing of New Sustainability Bonds

FRJ27S FRJ29S - Listing of New Sustainability Bonds

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRJ27S       ISIN: ZAG000185232
Bond code: FRJ29S       ISIN: ZAG000185257
(FRB)


LISTING OF NEW SUSTAINABILITY BONDS

The JSE Limited (JSE) has granted FRB the listing of its FRJ27S and FRJ29S senior unsecured floating rate notes
(intended to be issued as sustainability bonds), in terms of its domestic medium term note programme (programme)
pursuant to the programme memorandum dated 13 April 2021, as amended and/or supplemented from time to time,
effective 20 April 2022.

Debt security code:                         FRJ27S
ISIN:                                       ZAG000185232
Nominal issued:                             ZAR 958 000 000.00
Coupon rate:                                3 Month JIBAR plus 130 basis points, subject to the terms and conditions
                                            as contained in paragraph 28 of the pricing supplement
Maturity date:                              20 April 2027

Debt security code:                         FRJ29S
ISIN:                                       ZAG000185257
Nominal issued:                             ZAR 1 071 000 000.00
Coupon rate:                                3 Month JIBAR plus 145 basis points, subject to the terms and conditions
                                            as contained in paragraph 28 of the pricing supplement
Maturity date:                              20 April 2029

Type of debt security:                      Floating rate notes. The notes are intended to be issued as
                                            sustainability bonds
Issue date:                                 20 April 2022
Issue price:                                100%
Interest commencement date:                 20 April 2022
Interest determination date(s):             For each interest period, the first business day of that interest period,
                                            provided that the interest determination date for the first interest period
                                            will be 13 April 2022
First interest payment date:                20 July 2022
Interest payment date(s):                   20 January, 20 April, 20 July and 20 October each year to the redemption
                                            date
Last day to register:                       By 17:00 on 14 January, 14 April, 14 July and 14 October each year until
                                            the redemption date
Books close:                                15 January, 15 April, 15 July and 15 October each year until the
                                            redemption date
Business day convention:                    Following business day
Final maturity amount:                      100% of the aggregate outstanding nominal value
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 margin, use of proceeds and rights of cancellation
                                            provisions as contained in the pricing supplements
Programme amount:                           ZAR 100 000 000 000.00
Total notes in issue under programme:       ZAR 71 933 680 829.61 as at the signature date of the FRJ27S
                                            and FRJ29S pricing supplements
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank division



19 April 2022

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

Date: 19-04-2022 08:15:00
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