| Wed 1 Jun 2022, 15:40 | | FRC408 FRC409 - Listing of New Financial Instruments |
|
FRC408 FRC409 - Listing of New Financial Instruments
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC408 ISIN: ZAG000186537
Bond code: FRC409 ISIN: ZAG000186529
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FRB the listings of its FRC408 and FRC409 senior unsecured unsubordinated notes, in terms
of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 2 June
2022.
Debt security code: FRC408
ISIN: ZAG000186537
Nominal issued: ZAR 82 810 000.00
Coupon rate: 3 Month JIBAR plus 430 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: 23 June 2022
Interest payment date(s): 23 March, 23 June, 23 September and 23 December of each year until
the maturity date
Last day to register: By 17:00 on 18 March, 18 June, 18 September and 18 December of each
year until the maturity date
Books close: 19 March, 19 June, 19 September and 19 December of each year until
the maturity date
Maturity date: 23 September 2025, subject to paragraph 51 of the pricing supplement
Final maturity amount: Means the amount determined by the Calculation Agent, which will be the
sum of the following items (if applicable) expressed is South African
Rands:
(a) 100% of the Aggregate Nominal Amount; and
(b) the amount actually received for the sale of the Reference Obligation
by the Issuer for the nominal amount of USD5,800,000 –
USD5,800,000, converted to ZAR at the spot ZAR/USD rate quoted
by the Issuer on the date of receipt by it of the sale proceeds
Debt security code: FRC409
ISIN: ZAG000186592
Nominal issued: ZAR 17 140 000.00
Coupon rate: 11.15%
First interest payment date: 23 September 2022
Interest payment date(s): 23 March and 23 September of each year until the maturity date
Last day to register: By 17:00 on 18 March and 18 September of each year until the maturity
date
Books close: 19 March and 19 September of each year until the maturity date
Maturity date: 23 September 2025, subject to paragraph 51 of the pricing supplement
Final maturity amount: Means the amount determined by the Calculation Agent, which will be the
sum of the following items (if applicable) expressed is South African
Rands:
(a) 100% of the Aggregate Nominal Amount; and
(b) the amount actually received for the sale of the Reference Obligation
by the Issuer for the nominal amount of USD1,200,000 –
USD1,200,000, converted to ZAR at the spot ZAR/USD rate quoted
by the Issuer on the date of receipt by it of the sale proceeds
Type of debt security: Credit linked notes
Issue date: 2 June 2022
Issue price: 100% of par
Interest commencement date: 2 June 2022
Business day convention: Modified following business day
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 net asset value and reference obligation early
redemption events, the early redemption at the option of the issuer, the
final redemption amount, the early redemption amount and the credit
linked notes provisions as contained in the pricing supplements
Programme amount: ZAR 30 000 000 000.00
Total notes in issue under programme: ZAR 29 137 484 399.30 as at the signature date of the FRC409
pricing supplement
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
01 June 2022
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 01-06-2022 03:40:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
