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FRC465 - Listing of New Financial Instrument

Published: 2023-03-29 14:40:24 ET
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FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC465       ISIN: ZAG000195207
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC465 senior unsecured unsubordinated notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 30 March 2023.

Debt security code:                         FRC465
ISIN:                                       ZAG000195207
Type of debt security:                      Credit linked notes
Nominal issued:                             ZAR 48 500 000.00
Issue date:                                 30 March 2023
Issue price:                                102.5467448% of par
Interest commencement date:                 6 February 2023
Coupon rate:                                3 Month JIBAR plus 210 basis points
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the interest commencement date
First interest payment date:                6 May 2023
Interest payment date(s):                   6 February, 6 May, 6 August and 6 November of each year until the
                                            maturity date
Last day to register:                       By 17:00 on 1 February, 1 May, 1 August and 1 November of each year
                                            until the maturity date
Books close:                                2 February, 2 May, 2 August and 2 November of each year until the
                                            maturity date
Business day convention:                    Modified following business day
Maturity date:                              6 November 2024, subject to paragraph 51 of the pricing supplement
Final maturity amount:                      100% of the aggregate nominal amount
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
Programme amount:                           ZAR 60 000 000 000.00
Total notes in issue under programme:       ZAR 32 292 756 098.47 as at the signature date of the pricing
                                            supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




29 March 2023

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