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FIRSTRAND BANK LIMITED - LISTING OF NEW FINANCIAL INSTRUMENT - FRS271

Release Date: 12/07/2021 13:33
Code(s): FRS271     PDF:  
Wrap Text
LISTING OF NEW FINANCIAL INSTRUMENT - FRS271

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS271       ISIN: ZAG000178047
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FRB the listing of its FRS271 unsecured notes, in terms of its note programme (the
programme) dated 29 November 2011, as amended from time to time, effective 14 July 2021.

Type of debt securities:                    Floating rate notes
Debt security code:                         FRS271
ISIN:                                       ZAG000178047
Issue date:                                 14 July 2021
Nominal issued:                             ZAR 500 000 000.00
Issue price:                                100% of par
Coupon rate:                                8.95% – 3 Month JIBAR, subject to the terms and conditions
                                            contained in paragraph 22(a) of the pricing supplement
Interest commencement date:                 14 July 2021
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:                14 October 2021
Interest payment date(s):                   14 January, 14 April, 14 July and 14 October in each year until the
                                            Maturity Date
Last day to register:                       By 17:00 on 9 January, 9 April, 9 July and 9 October in each year until
                                            the Maturity Date
Books close:                                10 January, 10 April, 10 July and 10 October in each year until the
                                            Maturity Date
Maturity date:                              14 July 2022
Final maturity amount:                      100% of par
Business day convention:                    Modified Following Business Day
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 manner in which the interest rate(s) is/are to be
                                            determined, the early redemption at the option of the issuer, the early
                                            redemption amount and the additional conditions as per line 94 contained
                                            in the pricing supplement

Programme amount:                           ZAR 30 000 000 000.00
Total notes in issue under programme:       ZAR 23 893 712 061.13 as at the signature date of the FRS271
                                            pricing supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited



12 July 2021

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

Date: 12-07-2021 01:33:00
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