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FRC416 - Listing of New Financial Instrument

Published: 2022-06-20 12:37:25 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: FRC416
ISIN: ZAG000187337
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its FRC416 senior unsecured unsubordinated
notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time to time,
effective 21 June 2022.

Debt security code:                          FRC416
ISIN:                                        ZAG000187337
Type of debt security:                       Credit linked notes
Nominal issued:                              ZAR 150 000 000.00, subject to the provisions of paragraph 7(a) of
                                             the pricing supplement
Issue date:                                  21 June 2022
Issue price:                                 100% of par
Interest commencement date:                  21 June 2022
Coupon rate:                                 3 Month JIBAR plus 602 basis points
Interest determination date(s):              The first business day of each interest period
First interest payment date:                 20 September 2022
Interest payment date(s):                    20 March, 20 June, 20 September and 20 December of each year until
                                             the maturity date
Last day to register:                        By 17:00 on 15 March, 15 June, 15 September and 15 December of each
                                             year until the maturity date
Books close:                                 16 March, 16 June, 16 September and 16 December of each year until
                                             the maturity date
Business day convention:                     Modified following business day
Maturity date:                               20 June 2027
Final maturity amount:                       100% of the aggregate nominal amount outstanding at the maturity date
                                             less any outstanding unwind costs difference payment
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 aggregate nominal amount, the redemption/payment
                                             basis, the interest payable on the note, the cessation of interest, the
                                             interest amount, the net asset value event, the final redemption amount,
                                             the early redemption at the option of the issuer, the early redemption
                                             amount, the credit linked notes provisions and the reference CDS
                                             provisions as contained in the pricing supplement
Programme amount:                            ZAR 60 000 000 000.00
Total notes in issue under programme:        ZAR 29 658 834 399.30 as at the signature date of the pricing
                                             supplement
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank division




20 June 2022

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