To view the PDF file, sign up for a MySharenet subscription.

FIRSTRAND BANK LIMITED - FRC581 - Listing of New Financial Instrument

Release Date: 09/04/2025 15:40
Code(s): FRC581     PDF:  
Wrap Text
FRC581 - 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: FRC581       ISIN: ZAG000214701
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC581 senior unsecured unsubordinated notes, in terms of its note programme (the programme)
dated 29 November 2011, as amended or supplemented from time to time, effective 11 April 2025.

Debt security code:                                FRC581
ISIN:                                              ZAG000214701
Type of debt security:                             Credit linked notes
Nominal issued:                                    R200 000 000.00
Issue date:                                        11 April 2025
Issue price:                                       100% of par
Interest commencement date:                        11 April 2025
Coupon rate:                                       3 month JIBAR plus 210 basis points
First interest payment date:                       30 June 2025
Interest determination date(s):                    The first business day of each interest period, with the first interest determination date
                                                   being the issue date
Interest payment date(s):                          31 March, 30 June, 30 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
Business day convention:                           Modified following business day
Maturity date:                                     31 March 2036, subject to paragraph 51 of the pricing supplement
Final redemption amount:                           100% of the aggregate nominal amount
Summary of additional terms:                       In addition to the terms and conditions contained in the programme, please refer to the
                                                   cessation of interest, 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

Programme amount:                                  R60 000 000 000.00
Total notes in issue under programme:              R51 286 642 256.21 as at the signature date of the pricing supplement
Dealer:                                            FirstRand Bank Limited, acting through its Rand Merchant Bank division

9 April 2025

Debt sponsor
FirstRand Bank Limited

Date: 09-04-2025 03:40:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.