| Mon 24 Mar 2025, 12:00 | | FRC572 FRC573 - Listing of New Financial Instruments |
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FRC572 FRC573 - 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: FRC572 ISIN: ZAG000213901
Bond code: FRC573 ISIN: ZAG000213943
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FRB the listings of its FRC572 and FRC573 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 26 March 2025.
Type of debt security: Floating rate credit linked note
Debt security code: FRC572
ISIN: ZAG000213901
Nominal issued: R100 000 000.00
Coupon rate: 3 month JIBAR plus 303 basis points, subject to a maximum coupon rate of 11.73%
First interest payment date: 20 June 2025
Interest payment date(s): 20 March, 20 June, 20 September and 20 December in each year until the maturity date
Last day to register: By 17:00 on 15 March, 15 June, 15 September and 15 December in each year until the
maturity date
Books close: 16 March, 16 June, 16 September and 16 December in each year until the maturity date
Maturity date: 20 June 2035, subject to paragraph 51 of the pricing supplement
Final redemption amount: 100% of the aggregate nominal amount, subject to paragraph 51 of the pricing
supplement
Summary of additional terms: In addition to the terms and conditions contained in the programme, please refer to the
cessation of interest, 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
Type of debt security: Mixed rate credit linked note
Debt security code: FRC573
ISIN: ZAG000213943
Nominal issued: R350 000 000.00
Coupon rate: 3 Month JIBAR plus 175 basis points for all interest periods commencing from the issue
date and ending on but excluding 31 January 2028 and 8.70% per annum for all interest
periods commencing from 31 January 2028 and ending on but excluding the maturity
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
Maturity date: 31 January 2030, subject to paragraph 51 of the pricing supplement
Final redemption amount: 100% of the aggregate nominal amount
Summary of additional terms: In addition to the terms and conditions contained in the programme, please refer to the
cessation of interest, 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
THE BELOW SECTION IS APPLICABLE TO THE FRC572 AND FRC573 NOTES ABOVE:
Issue date: 26 March 2025
Issue price: 100% of par
Interest commencement date: 26 March 2025
Interest determination date(s): The first business day of each interest period, with the first interest determination date
being the issue date
Business day convention: Modified following business day
Programme amount: R60 000 000 000.00
Total notes in issue under programme: R48 631 164 993.21 as at the signature date of the FRC573 pricing supplement
Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division
24 March 2025
Debt sponsor
FirstRand Bank Limited
Date: 24-03-2025 12:00:00
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