Enhanced Investments - Financial Portal

FRS366 - Listing of New Financial Instrument

Published: 2024-02-09 16:50:25 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS366       ISIN: ZAG000203035
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FirstRand Bank Limited the listing of its FRS366 unsecured structured notes, in terms of its
note programme (the programme) dated 29 November 2011, as amended from time to time, effective 13 February
2024.


Debt security code:                         FRS366
ISIN:                                       ZAG000203035
Type of debt security:                      Single index and currency linked notes
Nominal issued:                             R 40 000 000.00
Issue date:                                 13 February 2024
Issue price:                                100% of par
Last day to register:                       By 17:00 on 8 February 2025
Books close:                                9 February 2025
Business day convention:                    Following business day
Maturity date:                              13 February 2025, as adjusted in accordance with the applicable
                                            business day convention, as specified in the pricing supplement
Final maturity amount:                      An amount in ZAR determined and calculated by the calculation agent
                                            equal to the index linked redemption amount:
                                            ILRA = ANA * ((FIL / IIL) + ARA * DC)) * (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
                                            FX disruption provisions contained in the pricing supplement


Programme amount:                           R 60 000 000 000.00
Total notes in issue under programme:       R 36 269 888 992.02 as at the signature date of the pricing
                                            supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




9 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

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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.