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FRJ28G FRJ30G - Listing Of New Green Bonds

Published: 2023-10-10 16:38:39 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: FRJ28G            ISIN: ZAG000199936
Bond code: FRJ30G            ISIN: ZAG000199944
(FRB)


LISTING OF NEW GREEN BONDS

The JSE Limited (JSE) has granted FRB the listing of its FRJ28G and FRJ30G senior unsecured floating rate notes
(intended to be issued as Green Bonds), in terms of its domestic medium term note programme (programme)
pursuant to the programme memorandum dated 13 April 2021, as amended and/or supplemented from time to time,
effective 12 October 2023.

Debt security code:                       FRJ28G
ISIN:                                     ZAG000199936
Nominal issued:                           R 1 714 000 000.00
Coupon rate:                              3 Month JIBAR plus 119 basis points, subject to the terms and conditions
                                          as contained in paragraph 28 of the pricing supplement
Maturity date:                            12 October 2028

Debt security code:                       FRJ30G
ISIN:                                     ZAG000199944
Nominal issued:                           R 1 798 000 000.00
Coupon rate:                              3 Month JIBAR plus 135 basis points, subject to the terms and conditions
                                          as contained in paragraph 28 of the pricing supplement
Maturity date:                            12 October 2030


Type of debt security:                    Floating rate notes. The notes are intended to be issued as green
                                          bonds
Issue date:                               12 October 2023
Issue price:                              100%
Interest commencement date:               12 October 2023
Interest determination date(s):           For each interest period, the first business day of that interest period,
                                          provided that the interest determination date for the first interest period
                                          will be 9 October 2023
First interest payment date:              12 January 2024
Interest payment date(s):                 12 January, 12 April, 12 July and 12 October each year to the maturity
                                          date
Last day to register:                     By 17:00 on 6 January, 6 April, 6 July and 6 October each year until the
                                          maturity date
Books close:                              7 January, 7 April, 7 July and 7 October each year until the maturity date
Business day convention:                  Following business day
Final maturity amount:                    100% of the aggregate outstanding nominal value
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 margin, use of proceeds and rights of cancellation
                                          provisions as contained in the pricing supplements
Programme amount:                         R 100 000 000 000.00
Total notes in issue under programme:     R 82 786 702 409.00 as at the signature date of the FRJ28G and
                                          FRJ30G pricing supplements
Dealer:                                   FirstRand Bank Limited, acting through its Rand Merchant Bank division
10 October 2023

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