| Wed 18 Dec 2024, 9:00 | | FRB40 FRB42 - Listing of Tap Issues |
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FRB40 FRB42 - Listing of Tap Issues
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRB40 ISIN: ZAG000203449
Bond code: FRB42 ISIN: ZAG000208232
(FRB)
LISTING OF TAP ISSUES
The JSE Limited has granted FRB approval for the additional listings of its FRB40 unsecured Tier 2 notes and its FRB42 unsecured
subordinated Additional Tier 1 capital notes, in terms of its domestic medium term note programme (the programme) dated 13 April 2021, as
amended and/or supplemented from time to time, effective 19 December 2024.
Debt security code: FRB40
ISIN: ZAG000203449
Nominal Before Issue: R1 548 000 000.00
Nominal Issued: R1 298 000 000.00
Nominal After Issue: R2 846 000 000.00
Issue price: 100.87066%
Interest commencement date: 11 December 2024
Coupon rate: 3 month JIBAR plus 186 basis points
Interest determination date(s): 11 December 2024 for the first interest period and thereafter the first business day of each
interest period
First interest payment date: 11 March 2025
Interest payment date(s): 11 March, 11 June, 11 September and 11 December of each year until the maturity date,
or if such day is not a business day, the business day on which interest will be paid, as
determined in accordance with the applicable business day convention (as specified in the
applicable pricing supplement)
Last day to register: The register will be closed by 17h00 on 5 March, 5 June, 5 September and 5 December of
each year until maturity date, or if such day is not a business day, the business day
preceding each books closed period
Books closed periods: The register will be closed from 6 March to 10 March, 6 June to 10 June, 6 September to
10 September and 6 December to 10 December (all dates inclusive) of each year until the
maturity date
Applicable business day convention: Following business day
Maturity date: 11 March 2035
Final redemption amount: 100% of the nominal value subject to the applicable capital regulations
Summary of additional terms: In addition to the terms and conditions contained in the programme, please refer to
the provisions applicable to the subordinated notes, the provisions regarding
redemption/maturity, the trigger events, the contractual write off conditions and the
other provisions contained in the applicable pricing supplement
Debt security code: FRB42
ISIN: ZAG000208232
Nominal Before Issue: R2 838 000 000.00
Nominal Issued: R1 072 000 000.00
Nominal After Issue: R3 910 000 000.00
Issue price: 102.69524%
Interest commencement date: 26 September 2024
Coupon rate: 3 month JIBAR plus 284 basis points
Interest determination date(s): 20 September 2024 for the first interest period and thereafter the first business day of each
interest period
First interest payment date: 26 December 2024
Interest payment date(s): 26 March, 26 June, 26 September and 26 December of each year until the maturity date,
or if such day is not a business day, the business day on which interest will be paid, as
determined in accordance with the applicable business day convention (as specified in the
applicable pricing supplement)
Last day to register: The register will be closed by 17h00 on 20 March, 20 June, 20 September and 20
December of each year until maturity date, or if such day is not a business day, the
business day preceding each books closed period
Books closed periods: The register will be closed from 21 March to 25 March, 21 June to 25 June, 21 September
to 25 September and 21 December to 25 December (all dates inclusive) of each year until
the maturity date
Applicable business day convention: Modified following business day
Maturity date: Perpetual, subject to the provisions contained in the pricing supplement
Final redemption amount: The aggregate outstanding nominal amount, plus accrued interest, if any, to the maturity
date
Summary of additional terms: In addition to the terms and conditions contained in the programme, please refer to
the provisions applicable to the maturity date, the provisions applicable to
subordinated notes, the provisions regarding redemption/maturity, the trigger
events, the contractual write off conditions and the other provisions contained in the
applicable pricing supplement
THE BELOW SECTION IS APPLICABLE TO THE FRB40 AND FRB42 NOTES ABOVE:
Type of debt securities: Floating rate notes
Issue date: 19 December 2024
Programme amount: R100 000 000 000.00
Total notes in issue under programme: R87 603 063 219.00 as at the signature date of the FRB40 and FRB42 applicable
pricing supplements
Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division
18 December 2024
Debt sponsor
FirstRand Bank Limited
Date: 18-12-2024 09:00:00
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