Enhanced Investments - Financial Portal

FRC319 - Notification of a Full Capital Redemption of Listed Debt Securities

Published: 2023-04-24 15:53:21 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS319
ISIN: ZAG000195538
(FRB)


NOTIFICATION OF A FULL CAPITAL REDEMPTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 60 000 000 000 Note Programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of the full capital
redemption of the FRS319 notes (the notes).

Bond code:                                                  FRS319
ISIN:                                                       ZAG000195538
Nominal amount before redemption:                           ZAR 455 042 932.00
Redemption in nominal amount:                               ZAR 455 042 932.00
Nominal amount after redemption:                            ZAR 0.00
Settlement / redemption amount:                             ZAR 459 483 436.52
Applicable formula:                                         FRA = [ANA * (1 + (Y *T))] * FXT / FX0, all
                                                            definitions used in this calculation are as per
                                                            the pricing supplement, with FX0 at 22.3985
URL:                                                        https://www.firstrand.co.za/investors/debt-
                                                            investor-centre/jse-listed-instruments/
Record date:                                                26 April 2023
Pay date / early redemption date:                           28 April 2023


This reduction is due to the early repurchase of the notes by FRB, in accordance with the terms and
conditions of the notes.



24 April 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

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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.