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FIRSTRAND BANK LIMITED - FRC376 FRC377 Listing of New Financial Instruments

Release Date: 11/08/2021 12:12
Code(s): FRC376 FRC377     PDF:  
Wrap Text
FRC376 FRC377 – 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: FRC376       ISIN: ZAG000178831
Bond code: FRC377       ISIN: ZAG000178849
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FRB the listing of its FRC376 and FRC377 senior unsecured unsubordinated notes, in
terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 13
August 2021.

Debt security code:                         FRC376
ISIN:                                       ZAG000178831
Coupon rate:                                12.258% – 3 Month JIBAR

Debt security code:                         FRC377
ISIN:                                       ZAG000178849
Coupon rate:                                12.208% – 3 Month JIBAR

Type of debt securities:                    Credit linked notes
Nominal issued:                              ZAR 92 850 000.00
Issue date:                                 13 August 2021
Issue price:                                100% of par
Interest commencement date:                 13 August 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:                20 September 2021
Interest payment date(s):                   20 March, 20 June, 20 September and 20 December in each year until
                                            the Maturity Date
Last day to register:                       By 17:00 on 15 March, 15 June, 15 September and 15 December in each
                                            year until the Maturity Date
Books close:                                16 March, 16 June, 16 September and 16 December in each year until
                                            the Maturity Date
Maturity date:                              20 June 2026, subject to paragraph 51 of the pricing supplements
Final maturity amount:                      100% of the Aggregate Nominal Amount, subject to paragraph 51 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 manner in which the interest rates are to be
                                            determined, the early redemption at the option of the issuer, the early
                                            redemption amount and the credit linked notes provisions contained in
                                            the pricing supplements
Programme amount:                           ZAR 30 000 000 000.00
Total notes in issue under programme:       ZAR 25 147 912 061.13 as at the signature date of the pricing
                                            supplements
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited



11 August 2021

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

Date: 11-08-2021 12:12:00
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