Enhanced Investments - Financial Portal

FRC256 - Notification of a Partial Capital Reduction of Listed Debt Securities

Published: 2024-01-03 10:35:38 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC256
ISIN: ZAG000145806
(FRB)


NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB’s R 60 000 000 000 note programme dated 29
November 2011, as amended from time to time, noteholders are herewith advised of the partial capital
reduction of the FRC256 notes.

Bond code:                                                     FRC256
ISIN:                                                          ZAG000145806
Amount before reduction:                                       R 12 000 000.00
Reduction amount:                                              R 1 500 000.00
Amount after reduction:                                        R 10 500 000.00
Settlement / redemption amount:                                R 1 500 000.00
Record date:                                                   16 January 2024
Pay date/effective date of the reduction:                      17 January 2024

The partial capital reduction is due to the amortisation of the FRC256 listed debt securities, in accordance
with the terms and conditions of the notes.



3 January 2024

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.