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FRC509 FRC510 FRC511 - 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: FRC509 ISIN: ZAG000204835
Bond code: FRC510 ISIN: ZAG000204819
Bond code: FRC511 ISIN: ZAG000204801
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FirstRand Bank Limited the listings of its FRC509, FRC510 and FRC511 senior unsecured
unsubordinated notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from
time to time, effective 25 April 2024.
Type of debt security: Credit linked notes
Debt security code: FRC509
ISIN: ZAG000204835
Nominal issued: R 100 000 000.00
Coupon rate: 3 Month JIBAR plus 300 basis points, for all interest periods commencing
from the interest commencement date and ending on but excluding 28
February 2029 and 12.68% for all interest periods commencing from 28
February 2029 and ending on but excluding the maturity date
First interest payment date: 31 May 2024
Interest payment date(s): 28 February, 31 May, 31 August and 30 November in each year until the
maturity date
Last day to register: By 17:00 on 23 February, 26 May, 26 August and 25 November in each
year until the maturity date
Books close: 24 February, 27 May, 27 August and 26 November in each year until the
maturity date
Maturity date: 28 February 2035, subject to paragraph 51 of 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 mixed rate note, the cessation of interest, 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: FRC510
ISIN: ZAG000204819
Nominal issued: R 100 000 000.00
Coupon rate: 3 Month JIBAR plus 300 basis points, for all interest periods commencing
from the interest commencement date and ending on but excluding 31
January 2029 and 13.38% for all interest periods commencing from 31
January 2029 and ending on but excluding the maturity date
First interest payment date: 31 July 2024
Interest payment date(s): 31 January, 30 April, 31 July and 31 October in each year until the
maturity date
Last day to register: By 17:00 on 26 January, 25 April, 26 July and 26 October in each year
until the maturity date
Books close: 27 January, 26 April, 27 July and 27 October in each year until the
maturity date
Maturity date: 31 January 2037, subject to paragraph 51 of 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 mixed rate note, the cessation of interest, 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: FRC511
ISIN: ZAG000204801
Nominal issued: R 150 000 000.00
Coupon rate: 3 Month JIBAR plus 225 basis points
First interest payment date: 31 July 2024
Interest payment date(s): 31 January, 30 April, 31 July and 31 October in each year until the
maturity date
Last day to register: By 17:00 on 26 January, 25 April, 26 July and 26 October in each year
until the maturity date
Books close: 27 January, 26 April, 27 July and 27 October in each year until the
maturity date
Maturity date: 31 January 2040, subject to paragraph 51 of 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 cessation of interest, 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
Issue date: 25 April 2024
Issue price: 100% of par
Interest commencement date: 25 April 2024
Interest determination date(s): The first business day of each floating interest period, with the first
interest determination date being the issue date
Business day convention: Modified following business day
Final maturity amount: 100% of the aggregate nominal amount
Programme amount: R 60 000 000 000.00
Total notes in issue under programme: R 39 829 030 217.02, as at the signature date of the pricing
supplements
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
23 April 2024
Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 23-04-2024 12:20:00
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