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FRII - 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: FRC476 ISIN: ZAG000196882
Bond code: FRC477 ISIN: ZAG000196874
Bond code: FRC478 ISIN: ZAG000196924
Bond code: FRC479 ISIN: ZAG000196916
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FirstRand Bank Limited the listings of its FRC476, FRC477, FRC478 and FRC479 senior
unsecured unsubordinated notes, in terms of its note programme (the programme) dated 29 November 2011, as
amended from time to time, effective 12 June 2023.
Debt security code: FRC476
ISIN: ZAG000196882
Nominal issued: R 143 000 000.00
Coupon rate: 15.524% – 3 Month JIBAR, as determined in accordance with paragraph
22 of the pricing supplement from the interest commencement date until
but excluding 20 June 2026 and 10.04% from 20 June 2026 until but
excluding the maturity date
Interest determination date(s): The first business day of each floating interest period, with the first
interest determination date being the issue date
First interest payment date: 20 September 2023
Interest payment date(s): 20 March, 20 June, 20 September and 20 December in each year until
the maturity date and 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 and 2 December 2033
Books close: 16 March, 16 June, 16 September and 16 December in each year until
the maturity date and 3 December 2033
Maturity date: 7 December 2033, subject to paragraph 51 of the pricing supplement
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 cessation of interest, the manner in which the interest
rate(s) is to be determine, the mixed rate note, the net asset value event
and/or the reference obligation early redemption event, the early
redemption at the option of the issuer, the early redemption amount and
the credit linked notes provisions as contained in the pricing supplement
Debt security code: FRC477
ISIN: ZAG000196874
Nominal issued: R 92 850 000.00
Coupon rate: 15.394% – 3 Month JIBAR, as determined in accordance with paragraph
22 of the pricing supplement from the interest commencement date until
but excluding 20 June 2026 and 10.13% from 20 June 2026 until but
excluding the maturity date
Interest determination date(s): The first business day of each floating interest period, with the first
interest determination date being the issue date
First interest payment date: 20 September 2023
Interest payment date(s): 20 March, 20 June, 20 September and 20 December in each year until
the maturity date and 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 and 2 December 2033
Books close: 16 March, 16 June, 16 September and 16 December in each year until
the maturity date and 3 December 2033
Maturity date: 7 December 2033, subject to paragraph 51 of the pricing supplement
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 cessation of interest, the manner in which the interest
rate(s) is to be determine, the mixed rate note, the net asset value event
and/or the reference obligation early redemption event, the early
redemption at the option of the issuer, the early redemption amount and
the credit linked notes provisions as contained in the pricing supplement
Debt security code: FRC478
ISIN: ZAG000196924
Nominal issued: R 92 850 000.00
Coupon rate: 8.38%
First interest payment date: 7 September 2023
Interest payment date(s): 7 March, 7 June, 7 September and 7 December in each year until the
maturity date
Last day to register: By 17:00 on 2 March, 2 June, 2 September and 2 December in each year
until the maturity date
Books close: 3 March, 3 June, 3 September and 3 December in each year until the
maturity date
Maturity date: 7 December 2033, subject to paragraph 51 of the pricing supplement
Business day convention: 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 cessation of interest, the net asset value event and/or
the reference obligation early redemption event, the early redemption at
the option of the issuer, the early redemption amount and the credit
linked notes provisions as contained in the pricing supplement
Debt security code: FRC479
ISIN: ZAG000196916
Nominal issued: R 143 000 000.00
Coupon rate: 8.08%
First interest payment date: 30 June 2023
Interest payment date(s): 31 March, 30 June, 31 September and 31 December in each year until
the maturity date
Last day to register: By 17:00 on 26 March, 25 June, 25 September and 26 December in each
year until the maturity date
Books close: 27 March, 26 June, 26 September and 27 December in each year until
the maturity date
Maturity date: 31 March 2032, subject to paragraph 51 of the pricing supplement
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 cessation of interest, the net asset value event and/or
the reference obligation early redemption event, the early redemption at
the option of the issuer, the early redemption amount and the credit
linked notes provisions as contained in the pricing supplement
Type of debt security: Credit linked notes
Issue date: 12 June 2023
Issue price: 100% of par
Interest commencement date: 12 June 2023
Final maturity amount: 100% of the aggregate nominal amount
Programme amount: ZAR 60 000 000 000.00
Total notes in issue under programme: ZAR 34 443 023 740.97, as at the signature date of the FRC479
pricing supplement
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
9 June 2023
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 09-06-2023 04:47:00
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