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FRC440 - Listing of New Financial Instrument

Published: 2022-10-03 14:45:37 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: FRC440       ISIN: ZAG000190729
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC440 senior unsecured unsubordinated notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 4 October 2022.

Debt security code:                         FRC440
ISIN:                                       ZAG000190729
Type of debt security:                      Credit linked notes
Nominal issued:                             ZAR 100 000 000.00
Issue date:                                 4 October 2022
Issue price:                                100% of par
Interest commencement date:                 4 October 2022
Coupon rate:                                3 Month JIBAR plus 375 basis points, subject to a maximum rate of
                                            12.115%, for all interest periods commencing from the issue date and
                                            ending on but excluding 31 July 2025 and 9.155% for all interest periods
                                            commencing from 31 July 2025 and ending on but excluding the maturity
                                            date
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:                31 October 2022
Interest payment date(s):                   31 January, 30 April, 31 July and 31 October of each year until the
                                            maturity date
Last day to register:                       By 17:00 on 26 January, 25 April, 26 July and 26 October of each year
                                            until the maturity date
Books close:                                27 January, 26 April, 27 July and 27 October of each year until the
                                            maturity date
Business day convention:                    Modified following business day
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 supplements contain additional terms and conditions to the
                                            terms and conditions as contained in the programme
Summary of additional terms:                Please refer to the mixed rate note provisions, 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:                           ZAR 60 000 000 000.00
Total notes in issue under programme:       ZAR 31 348 175 974.30 as at the signature date of the pricing
                                            supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




3 October 2022

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