Enhanced Investments - Financial Portal

FRII - Interest and capital payment notifications

Published: 2024-03-19 11:50:20 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond Code: FRC408          ISIN: ZAG000186537
Bond Code: FRC409          ISIN: ZAG000186529
Bond Code: FRC444          ISIN: ZAG000191164
Bond Code: FRC394          ISIN: ZAG000184623
Bond Code: FRC421          ISIN: ZAG000187816
Bond Code: FRC422          ISIN: ZAG000187956
Bond Code: FRC423          ISIN: ZAG000187964
Bond Code: FRC397          ISIN: ZAG000185117
Bond Code: FRC426          ISIN: ZAG000188707
Bond Code: FRC427          ISIN: ZAG000188715
Bond Code: FRC479          ISIN: ZAG000196916
(FRB)


INTEREST AND CAPITAL PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 25 March 2024:

Bond code:                     FRC408
ISIN:                          ZAG000186537
Coupon:                        12.700%
Interest amount due:           R 2 564 387.48
Interest period:               27 December 2023 to 24 March 2024

Bond code:                     FRC409
ISIN:                          ZAG000186529
Coupon:                        11.150%
Interest amount due:           R 947 701.12
Interest period:               26 September 2023 to 24 March 2024

Bond code:                     FRC444
ISIN:                          ZAG000191164
Coupon:                        11.600%
Interest amount due:           R 1 414 246.58
Interest period:               27 December 2023 to 24 March 2024

Date convention:               Modified Following Business Day
Payment date:                  25 March 2024

Noteholders are advised of the following interest and capital payments due 27 March 2024:

Bond code:                     FRC394
ISIN:                          ZAG000184623
Coupon:                        11.450%
Interest amount due:           R 1 427 328.76
Capital amount due:            R 50 000 000.00

Bond code:                     FRC421
ISIN:                          ZAG000187816
Coupon:                        12.650%
Interest amount due:           R 13 484 224.18

Bond code:                     FRC422
ISIN:                          ZAG000187956
Coupon:                        12.850%
Interest amount due:           R 2 321 079.66

Bond code:                     FRC423
ISIN:                          ZAG000187964
Coupon:                        12.850%
Interest amount due:           R 800 924.66

Interest period:              27 December 2023 to 26 March 2024
Date Convention:              Modified Following Business Day
Payment Date:                 27 March 2024

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

Bond code:                     FRC397
ISIN:                          ZAG000185117
Coupon:                        8.580%
Interest amount due:           R 2 644 520.55

Bond code:                     FRC426
ISIN:                          ZAG000188707
Coupon:                        11.107%
Interest amount due:           R 3 012 583.56

Bond code:                     FRC427
ISIN:                          ZAG000188715
Coupon:                        11.417%
Interest amount due:           R 3 096 665.75

Bond code:                     FRC479
ISIN:                          ZAG000196916
Coupon:                        8.080%
Interest amount due:           R 2 849 030.14

Interest period:              29 December 2023 to 27 March 2024
Date Convention:              Modified Following Business Day
Payment Date:                 28 March 2024


19 March 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.

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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.