FIRSTRAND BANK LIMITED - FRS261 - Listing of New Financial Instrument

FRS261 - 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: FRS261
ISIN: ZAG000175191
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its FRS261 senior unsecured unsubordinated
notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time to time,
effective 29 March 2021.

Debt security code:                          FRS261
ISIN:                                        ZAG000175191
Type of debt security:                       Floating rate notes
Nominal issued:                              ZAR 35 000 000.00
Issue date:                                  29 March 2021
Issue price:                                 100% of par
Coupon rate:                                 3 Month JIBAR plus 342.4 basis points, subject to a maximum interest
                                             rate of 11.058%
Interest determination date(s):              The first Business Day of each Interest Period, with the first Interest
                                             Determination Date being the Issue Date
Interest commencement date:                  29 March 2021
First interest payment date:                 31 May 2021
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
Business day convention:                     Modified Following Business Day
Maturity date:                               28 February 2031
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 net asset value event, the reference bond early
                                             redemption event, the early redemption at the option of the issuer, the
                                             early redemption amount, the reference bond and the hedging disruption
                                             provisions contained in the pricing supplement

Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 25 134 282 716.12 as at the signature date of the pricing
                                             supplement
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division



26 March 2021

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

Date: 26-03-2021 09:34:00
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