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FRC551 FRS400 - 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: FRC551 ISIN: ZAG000209818
Bond code: FRS400 ISIN: ZAG000209792
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE has granted FRB the listings of its FRC551 senior unsecured unsubordinated notes and its FRS400
unsecured notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time
to time, effective 21 October 2024.
Debt security code: FRC551
ISIN: ZAG000209818
Type of debt security: Credit linked notes
Nominal issued: R 25 000 000.00
Interest commencement date: 21 October 2024
Coupon rate: 3 month JIBAR plus 175 basis points
First interest payment date: 1 January 2025
Interest payment date(s): 1 January, 1 April, 1 July and 1 October in each year until 1 April 2029
and the maturity date
Last day to register: By 17:00 on 27 December, 27 March, 26 June, and 26 September in
each year until and including 27 March 2029 and 31 May 2029
Books close: 28 December, 28 March, 27 June, and 27 September in each year until
and including 28 March 2029 and 1 June 2029
Business day convention: Modified following business day
Maturity date: 5 June 2029, subject to paragraph 51 of the pricing supplement
Final redemption amount: As determined by the calculation agent in accordance with paragraph 46
of the pricing supplement
Instalment dates: 1 October 2026, 1 January 2027, 1 April 2027, 1 July 2027, 1 October
2027, 1 January 2028, 1 April 2028, 1 July 2028, 1 October 2028, 1
January 2029, 1 April 2029 and the maturity date
Instalment amounts: On each instalment date other than the maturity date, R 2 083 333.00
and on the maturity date, R 2 083 337.00
Other: The pricing supplement contains additional terms and conditions to the
terms and conditions as contained in the programme
Summary of additional terms: Please refer to the early redemption at the option of the issuer, the final
and early redemption amounts, the additional provisions relating to the
redemption of the notes, the instalment note and the credit linked notes
provisions as contained in the pricing supplement
Debt security code: FRS400
ISIN: ZAG000209792
Type of debt security: Single index currency linked notes
Nominal issued: R 10 000 000.00
Last day to register: By 17:00 on 17 October 2029
Books close: 18 October 2029
Business day convention: Following business day
Maturity date: 22 October 2029, as adjusted in accordance with the applicable business
day convention, as specified in the pricing supplement
Final maturity amount: An amount in ZAR determined and calculated by the calculation agent
equal to the index linked redemption amount:
ILRA = ANA * (100% + PPN * MAX(FIL / IIL) – CS; 0) *
(FXFVD/FXFSD)), all definitions used in this calculation are as per the
pricing supplement
Other: The pricing supplement contains additional terms and conditions to the
terms and conditions as contained in the programme
Summary of additional terms: Please refer to the redemption/payment basis, the early redemption at
the option of the issuer, the final and early redemption amounts, the any
conditions additional to, or modified from, those set forth in the terms and
conditions and the FX disruption provisions contained in the pricing
supplement
THE BELOW SECTION IS APPLICABLE TO THE FRC551 AND FRS400 NOTES ABOVE:
Issue date: 21 October 2024
Issue price: 100% of par
Programme amount: R 60 000 000 000.00
Total notes in issue under programme: R 41 453 423 977.57 as at the signature date of the FRC551
pricing supplement
Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division
17 October 2024
Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 17-10-2024 03:25:00
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