FIRSTRAND BANK LIMITED - FRC351 - Listing 0f New Financial Instrument

FRC351 - Listing 0f 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: FRC351
ISIN: ZAG000172644
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its senior unsecured unsubordinated credit linked notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 17 November 2020.

Debt security code:                          FRC351
ISIN:                                        ZAG000172644
Type of debt security:                       Credit linked notes
Nominal issued:                              ZAR 45 000 000.00
Issue date:                                  17 November 2020
Issue price:                                 100% of par
Interest commencement date:                  17 November 2020
Coupon rate:                                 3 Month JIBAR plus 250 basis points
Interest determination date(s):              The first Business Day of each Interest Period, with the first Interest
                                             Determination Date being the Issue Date
First interest payment date:                 30 November 2020
Interest payment date(s):                    28 February, 31 May, 31 August and 30 November of each year until the
                                             Maturity Date
Last day to register:                        By 17:00 on 23 February, 26 May, 26 August and 25 November of each
                                             year until the Maturity Date
Books close:                                 24 February, 27 May, 27 August and 26 November of each year until the
                                             Maturity Date
Maturity date:                               28 February 2035, subject to paragraph 51 of the pricing supplement
Business day convention:                     Modified Following Business Day
Final maturity amount:                       100% of the Aggregate Nominal Amount
Other:                                       The pricing supplement contains additional terms and conditions to the
                                             terms and conditions as contained in the programme
Summary of additional terms:                 Please refer to the reference obligation early redemption event, early
                                             redemption at the option of the issuer, early redemption amount and
                                             credit linked notes provisions contained in the pricing supplement
Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 23 831 259 298.93 as at the signature date of the FRC351
                                             pricing supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



12 November 2020

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

Date: 12-11-2020 04:01:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.