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FRC443 - Listing of new Financial Instrument

Published: 2022-10-18 15:08:29 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: FRC443       ISIN: ZAG000191156
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC443 senior unsecured unsubordinated notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 21 October 2022.

Debt security code:                         FRC443
ISIN:                                       ZAG000191156
Type of debt security:                      Credit linked notes
Nominal issued:                             ZAR 50 000 000.00
Issue date:                                 21 October 2022
Issue price:                                100% of par
Interest commencement date:                 21 October 2022
Coupon rate:                                3 Month JIBAR plus 330 basis points, subject to a maximum rate of
                                            11.86%
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:                20 December 2022
Interest payment date(s):                   20 March, 20 June, 20 September and 20 December of each year until
                                            the maturity date
Last day to register:                       By 17:00 on 15 March, 15 June, 15 September and 15 December of each
                                            year until the maturity date
Books close:                                16 March, 16 June, 16 September and 16 December of each year until
                                            the maturity date
Business day convention:                    Modified following business day
Maturity date:                              20 December 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 contains 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 reference obligation, 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
Programme amount:                           ZAR 60 000 000 000.00
Total notes in issue under programme:       ZAR 31 213 175 974.30 as at the signature date of the pricing
                                            supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




18 October 2022

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