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FRC480 - Listing of new financial instrument

Published: 2023-08-17 15:45:19 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: FRC480       ISIN: ZAG000198367
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FirstRand Bank the listing of its FRC480 senior unsecured unsubordinated notes, in terms of
its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 22 August
2023.

Debt security code:                         FRC480
ISIN:                                       ZAG000198367
Type of debt security:                      Credit linked notes
Nominal issued:                             R 75 000 000.00
Issue date:                                 22 August 2023
Issue price:                                100% of par
Interest commencement date:                 22 August 2023
Coupon rate:                                3 Month JIBAR plus 194 basis points
Interest determination date(s):             The first business day of each floating interest period, with the first
                                            interest determination date being the issue date
First interest payment date:                20 September 2023
Interest payment date(s):                   20 March, 20 June, 20 September and 20 December in each year until
                                            the maturity date
Last day to register:                       By 17:00 on 15 March, 15 June, 15 September and 15 December in each
                                            year until the maturity date
Books close:                                16 March, 16 June, 16 September and 16 December in each year until
                                            the maturity date
Business day convention:                    Modified following business day
Maturity date:                              20 June 2028, subject to paragraph 51 of the pricing supplement
Final maturity amount:                      100% of the aggregate nominal amount, subject to paragraph 51 of the
                                            pricing supplement
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 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:                           R 60 000 000 000.00
Total notes in issue under programme:       R 34 306 269 608.97, as at the signature date of the pricing
                                            supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited


17 August 2023

Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)