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FIRSTRAND BANK LIMITED - LISTING OF NEW FINANCIAL INSTRUMENTS

Release Date: 28/06/2021 14:00
Code(s): FRC373 FRC372     PDF:  
Wrap Text
LISTING OF NEW FINANCIAL INSTRUMENTS

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC372       ISIN: ZAG000177684
Bond code: FRC373       ISIN: ZAG000177692
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FRB the listing of its FRC372 and FRC373 senior unsecured unsubordinated notes, in
terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 1
July 2021.

Debt security code:                         FRC372
ISIN:                                       ZAG000177684
Coupon rate:                                3 month JIBAR plus 276 basis points
Nominal issued:                             ZAR 25 000 000.00

Debt security code:                         FRC373
ISIN:                                       ZAG000177692
Coupon rate:                                3 month JIBAR plus 273 basis points
Nominal issued:                             ZAR 18 000 000.00

Type of debt securities:                    Credit linked notes
Issue date:                                 1 July 2021
Issue price:                                100% of par
Interest commencement date:                 1 July 2021
Interest determination date(s):             The first Business Day of each Interest Period
First interest payment date:                25 July 2021
Interest payment date(s):                   25 January, 25 April, 25 July and 25 October in each year until the
                                            Maturity Date
Last day to register:                       By 17:00 on 20 January, 20 April, 20 July and 20 October in each year
                                            until the Maturity Date
Books close:                                21 January, 21 April, 21 July and 21 October in each year until the
                                            Maturity Date
Maturity date:                              25 April 2023, subject to paragraph 51 of the pricing supplements
Final maturity amount:                      100% of the Aggregate Nominal Amount, subject to the conditions
                                            contained in paragraph 36 of the pricing supplements
Business day convention:                    Modified Following Business Day
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 net asset value event and reference obligation early
                                            redemption event, early redemption at the option of the issuer, final
                                            redemption amount, early redemption amount and credit linked notes
                                            provisions contained in the pricing supplements
Programme amount:                           ZAR 30 000 000 000.00
Total notes in issue under programme:       ZAR 23 313 712 061.13 as at the signature date of the pricing
                                            supplements
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited



28 June 2021

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

Date: 28-06-2021 02:00:00
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