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FRC468 FRC469 - Listing Of New Financial Instruments

Published: 2023-05-18 17:50:32 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: FRC468       ISIN: ZAG000196148
Bond code: FRC469       ISIN: ZAG000196155
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listing of its FRC468 and FRC469 senior unsecured unsubordinated notes, in terms of
its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 19 May
2023.

Debt security code:                         FRC468
ISIN:                                       ZAG000196148
Coupon rate:                                3 Month JIBAR plus 250 basis points, for all interest periods commencing
                                            from the issue date and ending on but excluding 28 February 2030 and
                                            10.390% for all interest periods commencing from 28 February 2030 and
                                            ending on but excluding the maturity date
First interest payment date:                31 May 2023
Interest payment date(s):                   28 February, 31 May, 31 August and 30 November of each year until the
                                            maturity date
Last day to register:                       By 17:00 on 23 February, 26 May, 26 August and 25 November of each
                                            year until the maturity date
Books close:                                24 February, 27 May, 27 August and 26 November of each year until the
                                            maturity date
Maturity date:                              28 February 2035, subject to paragraph 51 of the pricing supplement

Debt security code:                         FRC469
ISIN:                                       ZAG000196155
Coupon rate:                                3 Month JIBAR plus 270 basis points, for all interest periods commencing
                                            from the issue date and ending on but excluding 30 April 2030 and
                                            11.300% for all interest periods commencing from 30 April 2030 and
                                            ending on but excluding the maturity date
First interest payment date:                31 July 2023
Interest payment date(s):                   31 January, 30 April, 31 July and 31 October of each year until the
                                            maturity date
Last day to register:                       By 17:00 on 26 January, 25 April, 26 July and 26 October of each year
                                            until the maturity date
Books close:                                27 January, 26 April, 27 July and 27 October of each year until the
                                            maturity date
Maturity date:                              31 January 2040, subject to paragraph 51 of the pricing supplement

Type of debt security:                      Credit linked notes
Nominal issued:                             ZAR 70 000 000.00
Issue date:                                 19 May 2023
Issue price:                                100% of par
Interest commencement date:                 19 May 2023
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the issue date
Business day convention:                    Modified following business day
Final maturity amount:                      100% of the aggregate nominal amount
Other:                                      The pricing supplements contain additional terms and conditions to the
                                            terms and conditions as contained in the programme
Summary of additional terms:                Please refer to the mixed rate note provisions, 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 supplements
Programme amount:                       ZAR 60 000 000 000.00
Total notes in issue under programme:   ZAR 34 052 154 440.97.30 as at the signature date of the FRC468
                                        pricing supplement
Dealer:                                 Rand Merchant Bank, a division of FirstRand Bank Limited



18 May 2023

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