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FRC499 FRC500 - Listing of New Financial Instruments

Published: 2024-03-06 16:20:27 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: FRC499       ISIN: ZAG000203761
Bond code: FRC500       ISIN: ZAG000203738
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listings of its FRC499 and FRC500 senior unsecured unsubordinated notes, in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 7 March
2024.


Type of debt security:                      Credit linked notes

Debt security code:                         FRC499
ISIN:                                       ZAG000203761
Nominal issued:                             R 230 000 000.00
Coupon rate:                                3 month JIBAR plus 184 basis points
First interest payment date:                31 May 2024
Interest payment date(s):                   28 February, 31 May, 31 August and 30 November in each year until the
                                            maturity date
Last day to register:                       By 17:00 on 23 February, 26 May, 26 August and 25 November in each
                                            year until the maturity date
Books close:                                24 February, 27 May, 27 August and 26 November in each year until the
                                            maturity date
Maturity date:                              28 February 2035, subject to paragraph 51 of the pricing supplement

Debt security code:                         FRC500
ISIN:                                       ZAG000203738
Nominal issued:                             R 220 000 000.00
Coupon rate:                                3 month JIBAR plus 189 basis points
First interest payment date:                31 March 2024
Interest payment date(s):                   31 March, 30 June, 30 September and 31 December in each year until
                                            the maturity date
Last day to register:                       By 17:00 on 26 March, 25 June, 25 September and 26 December in each
                                            year until the maturity date
Books close:                                27 March, 26 June, 26 September and 27 December in each year until
                                            the maturity date
Maturity date:                              31 March 2036, subject to paragraph 51 of the pricing supplement

Issue date:                                 7 March 2024
Issue price:                                100% of par
Interest commencement date:                 7 March 2024
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the issue date
Business day convention:                    Modified following business day
Final maturity amount:                      100% of the aggregate nominal amount
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 cessation of interest, the reference obligation early
                                            redemption event, the early redemption at the option of the issuer, the
                                            early redemption amount and the credit linked notes provisions as
                                            contained in the pricing supplements
Programme amount:                          R 60 000 000 000.00
Total notes in issue under programme:      R 36 824 988 992.02 as at the signature date of the FRC500
                                           pricing supplement
Dealer:                                    Rand Merchant Bank, a division of FirstRand Bank Limited




6 March 2024

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)