FRC299 FRC322 FRC323 - Notification of a Credit Event called by FRB
FRC299 FRC322 FRC323 - Notification of a Credit Event called by FRB:
FRC299 FRC322 FRC323 - Notification of a Credit Event called by FRB
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond Code: FRC299 ISIN: ZAG000159575
Bond Code: FRC322 ISIN: ZAG000163783
Bond Code: FRC323 ISIN: ZAG000163874
(FRB)
NOTIFICATION OF A CREDIT EVENT CALLED BY FRB
Noteholders are advised that FRB hereby gives notice, in accordance with the terms and conditions of
the R30 000 000 000.00 note programme dated 29 November 2011, as amended from time to time, of
the occurrence of a credit event on the FRC299, FRC322 and FRC323 notes (affected notes), each of
which referenced The Hertz Corporation as a constituent of the underlying reference index, the Markit
CDX North America High Yield Index, as set out in paragraph 93(e) of the applicable pricing supplement
for each affected note.
The details of the write-down applicable in respect of the affected notes, in accordance with paragraph
51(D) of the pricing supplements, will be communicated as soon as this has been determined.
27 May 2020
Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 27-05-2020 03:30:00
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