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FIRSTRAND BANK LIMITED - FRS248 - Listing of New Financial Instrument

Release Date: 20/01/2021 16:05
Code(s): FRS248     PDF:  
Wrap Text
FRS248 - 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: FRS248
ISIN: ZAG000173600
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited (JSE) has granted FRB the listing of its FRS248 unsecured structured notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 21 January 2021.

Debt security code:                          FRS248
ISIN:                                        ZAG000173600
Type of debt security:                       Single index and currency linked notes
Nominal issued:                              ZAR 218 378 063.00
Issue date:                                  21 January 2021
Issue price:                                 100% of par
Last day to register:                        By 17:00 on 17 January 2024
Books close:                                 18 January 2024
Business day convention:                     Following Business Day
Maturity date:                               22 January 2024
Final maturity amount:                       An amount in ZAR determined and calculated by the Calculation Agent
                                             equal to the Index Linked Redemption Amount:
                                                  ILRA = ANA * ((FIL / IIL) + ARA * DC)) * (FXFVD/FXFSD)
                                             All definitions used in this calculation are as per the pricing supplement
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 early redemption at the option of the issuer and the
                                             final and early redemption amounts and FX disruption provisions
                                             contained in the pricing supplement

Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 24 222 692 135.45 as at the signature date of the pricing
                                             supplement
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division



20 January 2021

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

Date: 20-01-2021 04:05:00
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