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FRC436 FRC437 - Listing of New Financial Instruments

Published: 2022-08-31 16:10:27 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: FRC436       ISIN: ZAG000189515
Bond code: FRC437       ISIN: ZAG000189531
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listings of its FRC436 and FRC437 senior unsecured unsubordinated notes, in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 1
September 2022 and 2 September 2022, respectively.

Debt security code:                         FRC436
ISIN:                                       ZAG000189515
Nominal issued:                             ZAR 25 000 000.00
Issue date:                                 1 September 2022
Interest commencement date:                 1 September 2022
Coupon rate:                                3 Month JIBAR plus 295 basis points
Interest determination date(s):             The first business day of each interest period, with the first interest
                                            determination date being the issue date
First interest payment date:                21 September 2022
Interest payment date(s):                   21 March, 21 June, 21 September and 21 December of each year until
                                            the maturity date
Last day to register:                       By 17:00 on 16 March, 16 June, 16 September and 16 December of each
                                            year until the maturity date
Books close:                                17 March, 17 June, 17 September and 17 December of each year until
                                            the maturity date
Maturity date:                              21 June 2027, subject to paragraph 51 of the pricing supplement
Final maturity amount:                      100% of the aggregate nominal amount, subject to paragraph 51 of the
                                            pricing supplement
Other:                                      The pricing supplement 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 early redemption at the
                                            option of the issuer, the early redemption amount and the credit linked
                                            notes provisions as contained in the pricing supplement

Debt security code:                         FRC437
ISIN:                                       ZAG000189531
Nominal issued:                             ZAR 30 000 000.00
Issue date:                                 2 September 2022
Interest commencement date:                 2 September 2022
Coupon rate:                                10.00% per annum
First interest payment date:                31 January 2023
Interest payment date(s):                   31 January and 31 July of each year until the maturity date
Last day to register:                       By 17:00 on 26 January and 26 July of each year until the maturity date
Books close:                                27 January and 27 July of each year until the maturity date
Maturity date:                              31 January 2030, subject to paragraph 51 of the pricing supplement
Final maturity amount:                      100% of the aggregate nominal amount
Other:                                      The pricing supplement 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, 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 supplement
Type of debt security:                  Credit linked notes
Issue price:                            100% of par
Business day convention:                Modified following business day
Programme amount:                       ZAR 60 000 000 000.00
Total notes in issue under programme:   ZAR 30 810 626 124.30 as at the signature date of the FRC437
                                        pricing supplement
Dealer:                                 Rand Merchant Bank, a division of FirstRand Bank Limited



31 August 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)