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Wed 9 Dec 2020, 7:05 FRC346 - Notification of a credit event called by FRB
FRC346 - 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: FRC346
ISIN: ZAG000171430
(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 FRC346 notes (notes), which referenced Europcar Mobility
Group S.A. as a constituent of the underlying reference index, the Markit iTraxx Europe Crossover
Index (Series 34), as set out in paragraph 93(e) of the applicable pricing supplement for the notes.

The details of the write-down applicable in respect of the notes, in accordance with paragraph 51(D) of
the pricing supplement, will be communicated as soon as this has been determined.



9 December 2020

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

Date: 09-12-2020 07:05:00
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