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FRS306 - Listing of New Financial Instrument

Published: 2022-06-15 15:15:46 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: FRS306
ISIN: ZAG000187287
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its FRS306 senior unsecured unsubordinated
structured notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time
to time, effective 20 June 2022.

Debt security code:                          FRS306
ISIN:                                        ZAG000187287
Type of debt security:                       Mixed rate note
Nominal issued:                              ZAR 30 000 000.00
Issue date:                                  20 June 2022
Issue price:                                 100% of par
Interest commencement date:                  20 June 2022
Coupon rate:                                 3 Month JIBAR plus 300 basis points for all interest periods commencing
                                             from the issue date and ending on but excluding 30 April 2026, subject to
                                             a maximum rate of 10.6690% and 9.3068% for all interest periods
                                             commencing from 30 April 2026 and ending on but excluding the maturity
                                             date
Interest determination date(s):              For all interest periods commencing from the issue date and ending on
                                             but excluding 30 April 2026, the first business day of each interest period,
                                             with the first interest determination date being the issue date
First interest payment date:                 31 July 2022
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
Business day convention:                     Modified Following Business Day
Maturity date:                               31 January 2030
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 mixed rate note provisions, reference bond early
                                             redemption event, the early redemption at the option of the issuer, the
                                             early redemption amount and the reference bond and hedging disruption
                                             provisions as contained in the pricing supplement
Programme amount:                            ZAR 60 000 000 000.00
Total notes in issue under programme:        ZAR 29 508 834 399.30 as at the signature date of the pricing
                                             supplement
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division



15 June 2022

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