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FIRSTRAND BANK LIMITED - LISTING OF NEW FINANCIAL INSTRUMENTS

Release Date: 10/06/2021 16:18
Code(s): FRC371 FRC370     PDF:  
Wrap Text
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: FRC370       ISIN: ZAG000177163
Bond code: FRC371       ISIN: ZAG000177189
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FRB the listing of its FRC370 and FRC371 senior unsecured unsubordinated notes, in
terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 11
June 2021.

Debt security code:                         FRC370
ISIN:                                       ZAG000177163
Coupon rate:                                12.80% – 3 Month JIBAR

Debt security code:                         FRC371
ISIN:                                       ZAG000177189
Coupon rate:                                12.85% – 3 Month JIBAR


Type of debt securities:                    Credit linked notes
Issue date:                                 11 June 2021
Nominal issued:                             ZAR 143 000 000.00
Issue price:                                100% of par
Interest commencement date:                 11 June 2021
Interest determination date(s):             The first Business Day of each Interest Period
First interest payment date:                20 June 2021
Interest payment date(s):                   20 March, 20 June, 20 September and 20 December in each year until
                                            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
Books close:                                16 March, 16 June, 16 September and 16 December in each year until
                                            the Maturity Date
Maturity date:                              20 June 2026, subject to paragraph 51 of the pricing supplement
Final maturity amount:                      100% of the Aggregate Nominal Amount, subject to paragraph 51
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 manner in which the interest rate(s) is to be
                                            determined, the early redemption at the option of the issuer, the early
                                            redemption amount and credit linked notes provisions contained in the
                                            pricing supplement

Programme amount:                           ZAR 30 000 000 000.00
Total notes in issue under programme:       ZAR 24,869,796,340.13 as at the signature date of the FRC371
                                            pricing supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited



10 June 2021

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

Date: 10-06-2021 04:18:00
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