Enhanced Investments - Financial Portal

FRS376 FRS377 - Listing of New Financial Instruments

Published: 2024-04-22 17:20:20 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS376       ISIN: ZAG000204686
Bond code: FRS377       ISIN: ZAG000204678
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listings of its FRS376 and FRS377 unsecured structured notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 24 April 2024.


Debt security code:                         FRS376
ISIN:                                       ZAG000204686
Type of debt security:                      Single index and currency linked notes
Nominal issued:                             R 150 000 000.00
Last day to register:                       By 17:00 on 11 September 2024
Books close:                                12 September 2024
Maturity date:                              16 September 2024, as adjusted in accordance with the applicable
                                            business day convention, as specified in the pricing supplement

Debt security code:                         FRS377
ISIN:                                       ZAG000204678
Type of debt security:                      Single index and currency linked notes
Nominal issued:                             R 80 000 000.00
Last day to register:                       By 17:00 on 19 April 2025
Books close:                                20 April 2025
Maturity date:                              24 April 2025, as adjusted in accordance with the applicable
                                            business day convention, as specified in the pricing supplement

Issue date:                                 24 April 2024
Issue price:                                100% of par
Business day convention:                    Following business day
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 supplements contain 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 supplements


Programme amount:                           R 60 000 000 000.00
Total notes in issue under programme:       R 39 479 030 217.02 as at the signature date of the FRS377
                                            pricing supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




22 April 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.