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FRC421 - Listing of New Financial Instrument

Published: 2022-07-01 10:37:44 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: FRC421
ISIN: ZAG000187816
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC421 senior unsecured unsubordinated notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 4 July 2022.

Debt security code:                          FRC421
ISIN:                                        ZAG000187816
Type of debt security:                       Credit linked notes
Nominal issued:                              ZAR 427 550 000.00
Issue date:                                  4 July 2022
Issue price:                                 100% of par
Interest commencement date:                  4 July 2022
Coupon rate:                                 3 Month JIBAR plus 425 basis points
Interest determination date(s):              The first business day of each interest period, with the first interest
                                             determination date being the issue date
First interest payment date:                 27 September 2022
Interest payment date(s):                    27 March, 27 June, 27 September and 27 December of each year until
                                             the maturity date
Last day to register:                        By 17:00 on 22 March, 22 June, 22 September and 22 December of each
                                             year until the maturity date
Books close:                                 23 March, 23 June, 23 September and 23 December of each year until
                                             the maturity date
Business day convention:                     Modified following business day
Maturity date:                               27 September 2028, subject to paragraph 51 of the pricing supplement
Final maturity amount:                       100% of the aggregate nominal amount
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 net asset value event and/or reference obligation early
                                             redemption events, the early redemption at the option of the issuer, early
                                             redemption at the option of the noteholders, the early redemption amount
                                             and the credit linked notes provisions as contained in the pricing
                                             supplement
Programme amount:                            ZAR 60 000 000 000.00
Total notes in issue under programme:        ZAR 30 446 334 399.30 as at the signature date of the pricing
                                             supplement
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited



1 July 2022

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