FIRSTRAND BANK LIMITED - FRB31 - Listing of New Financial Instrument

FRB31 - 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: FRB31
ISIN: ZAG000181520
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB approval for the listing of its unsecured subordinated Tier 2 capital notes, in terms of its
domestic medium term note programme (the programme) dated 13 April 2021, as amended from time to time,
effective 24 November 2021.

Debt security code:                          FRB31
ISIN:                                        ZAG000181520
Type of debt security:                       Floating rate notes
Nominal issued:                              ZAR 2 500 000 000.00
Issue date:                                  24 November 2021
Issue price:                                 100%
Interest commencement date:                  24 November 2021
Coupon rate:                                 3 Month JIBAR plus 190 basis points
Interest determination date(s):              19 November 2021 for the first interest period and thereafter the first
                                             business day of each interest period
First interest payment date:                 24 February 2022
Interest payment date(s):                    24 February, 24 May, 24 August and 24 November of each year until the
                                             maturity date
Last day to register:                        By 17:00 on 13 February, 13 May, 13 August and 13 November of each
                                             year until the maturity date
Books closed periods:                        The register will be closed from 14 February to 23 February, 14 May to
                                             23 May, 14 August to 23 August and 14 November to 23 November of
                                             each year until the maturity date
Maturity date:                               24 November 2031
Business day convention:                     Following business day
Final maturity amount:                       100% of the Nominal Value subject to the applicable Capital Regulations
Summary of additional terms:                 The pricing supplement contains additional terms and conditions to the
                                             terms and conditions as contained in the programme. Please refer to the
                                             provisions regarding redemption/maturity, other terms applicable on
                                             redemption provisions, trigger events and the additional conditions
                                             contained in the pricing supplement

Programme amount:                            ZAR 100 000 000 000.00
Total notes in issue under programme:        ZAR 75 581 780 829.61 as at the signature date of the FRB31
                                             pricing supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



23 November 2021

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 23-11-2021 11:45:00
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