FIRSTRAND BANK LIMITED - FRC299 FRC323 FRC341 - Notification of a Credit Event called by FRB

FRC299 FRC323 FRC341 - Notification of a Credit Event called by FRB

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond Code: FRC299       ISIN: ZAG000159575
Bond Code: FRC323       ISIN: ZAG000163874
Bond Code: FRC341       ISIN: ZAG000168675
(FRB)


NOTIFICATION OF A CREDIT EVENT CALLED BY FRB

Noteholders are advised that FRB hereby gives notice, in accordance with the terms and conditions of
the R30 000 000 000.00 note programme dated 29 November 2011, as amended from time to time, of
the occurrence of a credit event on the FRC299, FRC323 and FRC341 notes (affected notes), each of
which referenced the California Resources Corporation as a constituent of the underlying reference
index, the Markit CDX North America High Yield Index, as set out in paragraph 93(e) of the applicable
pricing supplement for each affected note.

The details of the write-down applicable in respect of the affected notes, in accordance with paragraph
51(D) of the pricing supplements, will be communicated as soon as this has been determined.



15 June 2020

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

Date: 15-06-2020 01:00:00
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