Enhanced Investments - Financial Portal

FRS307 - Listing of New Financial Instrument

Published: 2022-06-24 16:25:27 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS307
ISIN: ZAG000187485
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FirstRand Bank the listing of its FRS307 unsecured structured notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 27 June 2022.

Debt security code:                          FRS307
ISIN:                                        ZAG000187485
Type of debt security:                       Single index and currency linked notes
Nominal issued:                              ZAR 125 000 000.00
Issue date:                                  27 June 2022
Issue price:                                 100% of par
Last day to register:                        By 17:00 on 17 December 2023
Books close:                                 18 December 2023
Business day convention:                     Following business day
Maturity date:                               22 December 2023
Final maturity amount:                       An amount in ZAR determined and calculated by the Calculation Agent
                                             equal to the Index Linked Redemption Amount:
                                             ILRA = ANA * (100% + PPN * MAX(FIL / IIL -100%; 0) * FXFVD/FXFSD),
                                             all definitions used in this calculation are as per 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 redemption/payment basis, the early redemption at
                                             the option of the issuer, the final and early redemption amounts and the
                                             increased cost of hedging and FX disruption provisions contained in the
                                             pricing supplement
Programme amount:                            ZAR 60 000 000 000.00
Total notes in issue under programme:        ZAR 29 933 834 399.30 as at the signature date of the pricing
                                             supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited




24 June 2022

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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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.