Enhanced Investments - Financial Portal

FRII - Interest and Capital Payment Notifications

Published: 2024-02-06 15:43:31 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond Code: FRC393          ISIN: ZAG000184490
Bond Code: FRC284          ISIN: ZAG000154642
Bond Code: FRC296          ISIN: ZAG000159369
Bond Code: FRC297          ISIN: ZAG000159351
Bond Code: FRC384          ISIN: ZAG000183641
Bond Code: FRC386          ISIN: ZAG000183674
Bond Code: FRC457          ISIN: ZAG000194465
Bond Code: FRC403          ISIN: ZAG000186057
Bond Code: FRC340          ISIN: ZAG000168659
Bond Code: FRC435          ISIN: ZAG000189341
Bond Code: FRC303          ISIN: ZAG000160425
Bond Code: FRC308          ISIN: ZAG000161605
Bond Code: FRC364          ISIN: ZAG000175514
(FRB)


INTEREST AND CAPITAL PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 12 February 2024:

Bond code:                     FRC393
ISIN:                          ZAG000184490
Coupon:                        11.174%
Interest amount due:           R 4 376 759.98

Bond code:                     FRC284
ISIN:                          ZAG000154642
Coupon:                        12.208%
Interest amount due:           R 913 091.51

Interest period:               13 November 2023 to 11 February 2024
Date convention:               Modified Following Business Day
Payment date:                  12 February 2024

Noteholders are advised of the following interest payments due 14 February 2024:

Bond code:                     FRC296
ISIN:                          ZAG000159369
Coupon:                        10.358%
Interest amount due:           R 522 156.72

Bond code:                     FRC297
ISIN:                          ZAG000159351
Coupon:                        10.458%
Interest amount due:           R 527 197.81

Interest period:               14 November 2023 to 13 February 2024
Date Convention:               Modified Following Business Day
Payment Date:                  14 February 2024

Noteholders are advised of the following interest payment due 15 February 2024:

Bond code:                     FRC384
ISIN:                          ZAG000183641
Coupon:                        9.758%
Interest amount due:           R 1 037 930.39
Interest period:               15 November 2023 to 14 February 2024
Date Convention:               Modified Following Business Day
Payment Date:                  15 February 2024

Noteholders are advised of the following interest payment due 16 February 2024:

Bond code:                     FRC386
ISIN:                          ZAG000183674
Coupon:                        9.758%
Interest amount due:           R 806 732.62

Bond code:                     FRC457
ISIN:                          ZAG000194465
Coupon:                        10.438%
Interest amount due:           R 928 724.62

Interest period:               16 November 2023 to 15 February 2024
Date Convention:               Modified Following Business Day
Payment Date:                  16 February 2024

Noteholders are advised of the following interest payment due 19 February 2024:

Bond code:                     FRC403
ISIN:                          ZAG000186057
Coupon:                        13.867%
Interest amount due:           R 13 542 846.16
Interest period:               20 November 2023 to 18 November 2023
Date Convention:               Modified Following Business Day
Payment Date:                  19 February 2024

Noteholders are advised of the following interest and capital payments due 20 February 2024:

Bond code:                     FRC340
ISIN:                          ZAG000168659
Coupon:                        9.896%
Interest amount due:           R 4 489 801.63
Capital amount due:            R 180 000 000.00

Bond code:                     FRC435
ISIN:                          ZAG000189341
Coupon:                        10.142%
Interest amount due:           R 639 084.93

Interest period:               20 November 2023 to 19 February 2024
Date Convention:               Modified Following Business Day
Payment Date:                  20 February 2024

Noteholders are advised of the following interest payments due 28 February 2024:

Bond code:                     FRC303
ISIN:                          ZAG000160425
Coupon:                        11.567%
Interest amount due:           R 1 826 627.26

Bond code:                     FRC308
ISIN:                          ZAG000161605
Coupon:                        11.387%
Interest amount due:           R 1 403 876.71
Bond code:                  FRC364
ISIN:                       ZAG000175514
Coupon:                     11.228%
Interest amount due:        R 1 384 273.97

Interest period:            30 November 2023 to 27 February 2024
Date Convention:            Modified Following Business Day
Payment Date:               28 February 2024


6 February 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

Important disclosures

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.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
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.