| Wed 5 Feb 2025, 14:55 | | FRC562 FRC563 - Listing of New Financial Instruments |
|
FRC562 FRC563 - 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: FRC562 ISIN: ZAG000212309
Bond code: FRC563 ISIN: ZAG000212317
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FRB the listings of its FRC562 and FRC563 senior unsecured unsubordinated notes, in terms of its note programme (the
programme) dated 29 November 2011, as amended or supplemented from time to time, effective 10 February 2025 and 12 February 2025,
respectively.
Type of debt securities: Credit linked notes
Debt security code: FRC562
ISIN: ZAG000212309
Nominal issued: R50 000 000.00
Issue date: 12 February 2025
Interest commencement date: 12 February 2025
Coupon rate: 3 Month JIBAR plus 355 basis points, subject to a maximum coupon rate of 11.45%, for
all interest periods commencing from the issue date and ending on but excluding 31
January 2030 and 11.16% per annum for all interest periods commencing from 31
January 2030 and ending on but excluding the maturity date
Maturity date: 31 January 2040, subject to paragraph 51 of the pricing supplement
Debt security code: FRC563
ISIN: ZAG000212317
Nominal issued: R150 000 000.00
Issue date: 10 February 2025
Interest commencement date: 10 February 2025
Coupon rate: 3 Month JIBAR plus 210 basis points, subject to a maximum coupon rate of 9.66%, for all
interest periods commencing from the issue date and ending on but excluding 31 January
2028 and 8.50% per annum for all interest periods commencing from 31 January 2028
and ending on but excluding the maturity date
Maturity date: 31 January 2030, subject to paragraph 51 of the pricing supplement
THE BELOW SECTION IS APPLICABLE TO THE FRC562 AND FRC563 NOTES ABOVE:
Issue price: 100% of par
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: 30 April 2025
Interest payment date(s): 31 January, 30 April, 31 July and 31 October in each year until the maturity date
Last day to register: By 17:00 on 26 January, 25 April, 26 July and 26 October in each year until the maturity
date
Books close: 27 January, 26 April, 27 July and 27 October in each year until the maturity date
Final redemption amount: 100% of the aggregate nominal amount
Business day convention: Modified following business day
Summary of additional terms: In addition to the terms and conditions contained in the programme, please refer to the
cessation of interest, the mixed rate note, the early redemption at the option of the issuer,
the early redemption amount and the credit linked notes provisions as contained in the
pricing supplements
Programme amount: R60 000 000 000.00
Total notes in issue under programme: R45 052 378 308.80 as at the signature date of the FRC563 pricing supplement
Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division
5 February 2025
Debt sponsor
FirstRand Bank Limited
Date: 05-02-2025 02:55:00
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.
