Enhanced Investments - Financial Portal

FRS409 - Listing of New Financial Instrument

Published: 2025-01-20 17:05:21 ET

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS409       ISIN: ZAG000211806
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRS409 unsecured structured notes, in terms of its note programme (the programme) dated 29
November 2011, as amended or supplemented from time to time, effective 23 January 2025.


Debt security code:                                FRS409
ISIN:                                              ZAG000211806
Nominal issued:                                     R100 000 000.00
Type of debt security:                             Single index notes
Issue date:                                        23 January 2025
Issue price:                                       100% of par
Last day to register:                              By 17:00 on 18 January 2026
Books close:                                       19 January 2026
Business day convention:                           Following business day
Maturity date:                                     23 January 2026, 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
Summary of additional terms:                       In addition to the terms and conditions contained in the programme, please refer to the
                                                   redemption/payment basis, the early redemption at the option of the issuer, the final and
                                                   early redemption amounts, the any conditions additional to, or modified from, those set
                                                   forth in the terms and conditions and the FX disruption provisions contained in the pricing
                                                   supplement


Programme amount:                                  R60 000 000 000.00
Total notes in issue under programme:              R44 196 676 600.80 as at the signature date of the pricing supplement
Dealer:                                            FirstRand Bank Limited, acting through its Rand Merchant Bank division


20 January 2025

Debt sponsor
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.
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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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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.