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FIRSTRAND BANK LIMITED - FRC383 FRS293 FRS294 - Listing of New Financial Instruments

Release Date: 25/01/2022 08:00
Code(s): FRS293 FRC383 FRS294     PDF:  
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FRC383 FRS293 FRS294 - 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: FRC383       ISIN: ZAG000183070
Bond code: FRS293       ISIN: ZAG000183047
Bond code: FRS294       ISIN: ZAG000183088
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FirstRand Bank Limited the listing of its FRC383 senior unsecured unsubordinated
notes, its FRS293 unsecured structured notes and its FRS294 senior unsecured unsubordinated notes, in terms of
its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 26 January
2022 and 28 January 2022 respectively.


Debt security code:                         FRC383
ISIN:                                       ZAG000183070
Type of debt security:                      Credit linked notes
Nominal issued:                             ZAR 150 000 000.00
Issue date:                                 26 January 2022
Issue price:                                100% of par
Interest commencement date:                 26 January 2022
Coupon rate:                                3 Month JIBAR plus 140 basis points
Interest determination date:                The Interest Determination Date is the Issue date
First interest payment date:                28 April 2022
Interest payment date:                      28 April 2022
Last day to register:                       By 17:00 on 23 April 2022
Books close:                                24 April 2022
Maturity date:                              28 April 2022
Business day convention:                    Modified Following Business Day
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 and reference obligation early
                                            redemption event, the early redemption at the option of the issuer, early
                                            redemption amount and credit linked notes provisions as contained in the
                                            pricing supplement

Debt security code:                         FRS293
ISIN:                                       ZAG000183047
Type of debt security:                      Single index and currency linked notes
Nominal issued:                             ZAR 50 000 000.00
Issue date:                                 26 January 2022
Issue price:                                100% of par
Last day to register:                       By 17:00 on 23 January 2023
Books close:                                24 January 2023
Business day convention:                    Following Business Day
Maturity date:                              26 January 2023
Final maturity amount:                      An amount in ZAR determined and calculated by the Calculation Agent
                                            equal to the Index Linked Redemption Amount:
                                            ILRA = ANA * ((FIL / IIL) + ARA * DC)) * (FXFVD/FXFSD)
                                            All definitions used in this calculation are as per the pricing supplement
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 redemption/payment basis, early redemption at the
                                            option of the issuer, the final and early redemption amounts and the FX
                                            disruption provisions contained in the pricing supplement

Debt security code:                         FRS294
ISIN:                                       ZAG000183088
Type of debt security:                      Bond Linked notes
Nominal issued:                             ZAR 100 000 000.00
Issue date:                                 28 January 2022
Issue price:                                100% of par
Interest commencement date:                 28 January 2022
Coupon rate:                                3 Month JIBAR plus 126 basis points
Interest determination date:                The Interest Determination Date is the Issue date
First interest payment date:                28 April 2022
Interest payment date:                      28 April 2022
Last day to register:                       By 17:00 on 23 April 2022
Books close:                                24 April 2022
Business day convention:                    Modified Following Business Day
Maturity date:                              28 April 2022
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 reference bond early redemption event, the early
                                            redemption at the option of the issuer, the early redemption amount and
                                            the reference bond and hedging disruption provisions contained in the
                                            pricing supplement

Programme amount:                           ZAR 30 000 000 000.00
Total notes in issue under programme:       ZAR 28 678 750 113.14 as at the signature date of the FRS294
                                            pricing supplement
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank division



25 January 2022

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

Date: 25-01-2022 08:00:00
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