Enhanced Investments - Financial Portal

FRII - Interest and Capital Payment Notifications

Published: 2023-02-21 08:50:19 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond Code: FRB31           ISIN: ZAG000181520
Bond Code: FRC282          ISIN: ZAG000154063
Bond Code: FRC286          ISIN: ZAG000156548
Bond Code: FRI33           ISIN: ZAG000141706
Bond Code: FRS201          ISIN: ZAG000162021
Bond Code: FRS261          ISIN: ZAG000175191
Bond Code: FRS284          ISIN: ZAG000180951
Bond Code: FRS285          ISIN: ZAG000180969
Bond Code: FRX23           ISIN: ZAG000104969
(FRB)


INTEREST AND CAPITAL PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payment due 24 February 2023:

Bond code:                      FRB31
ISIN:                           ZAG000181520
Coupon:                         8.6170%
Interest amount due:            ZAR 54 298 904.11
Interest period:                24 November 2022 to 23 February 2023
Date Convention:                Following Business Day
Payment Date:                   24 February 2023

Noteholders are advised of the following interest and capital payments due 27 February 2023:

Bond code:                      FRS201
ISIN:                           ZAG000162025
Coupon:                         9.1050%
Interest amount due:            ZAR 5 675 034.25
Interest period:                28 November 2022 to 26 February 2023

Bond code:                      FRC282
ISIN:                           ZAG000154063
Annualised interest rate:       3.5400%
Interest rate for the period:   1.7700%
Reference CPI:                  132.618985714286
Base CPI:                       107.346667
Interest amount due:            ZAR 196 264.90
Capital amount due:             ZAR 11 118 844.21
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-
                                instruments/

Bond code:                      FRC286
ISIN:                           ZAG000156548
Annualised interest rate:       3.4000%
Interest rate for the period:   1.7000%
Reference CPI:                  132.618985714286
Base CPI:                       109.2870968
Interest amount due:            ZAR 371 328.47
Capital amount due:             ZAR 21 842 850.74
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-
                                instruments/

Date Convention:                Modified Following Business Day
Payment Date:                   27 February 2023

Noteholders are advised of the following interest and capital payments due 28 February 2023:

Bond code:                      FRI33
ISIN:                           ZAG000141706
Annualised interest rate:       1.8750%
Interest rate for the period:   0.9375%
Reference CPI:                  132.632292857143
Base CPI:                       91.0598339239982
Interest amount due:            ZAR 14 459 345.94
Applicable formula:             (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all
                                definitions used in this calculation as per the pricing supplement
URL:                            https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-
                                instruments/
Date Convention:                Following Business Day

Bond code:                      FRS261
ISIN:                           ZAG000175191
Coupon:                         10.6240%
Interest amount due:            ZAR 916 865.77
Interest period:                30 November 2022 to 27 February 2023
Date Convention:                Modified Following Business Day

Bond code:                      FRS284
ISIN:                           ZAG000180951
Coupon:                         9.5100%
Interest amount due:            ZAR 1 414 775.34
Interest period:                31 August 2022 to 27 February 2023
Date Convention:                Modified Following Business Day

Bond code:                      FRS285
ISIN:                           ZAG000180969
Coupon:                         9.5100%
Interest amount due:            ZAR 1 414 775.34
Interest period:                31 August 2022 to 27 February 2023
Date Convention:                Modified Following Business Day

Bond code:                      FRX23
ISIN:                           ZAG000104969
Coupon:                         7.7500%
Interest amount due:            ZAR 123 147 500.00
Capital amount due:             ZAR 3 178 000 000.00
Date Convention:                Modified Following Business Day

Payment Date:                   28 February 2023


21 February 2023

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.