FIRSTRAND BANK LIMITED - FRC565 FRC566 - Listing of New Financial Instruments

FRC565 FRC566 - 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: FRC565       ISIN: ZAG000212820
Bond code: FRC566       ISIN: ZAG000212838
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE has granted FRB the listings of its FRC565 and FRC566 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 21 February 2025.

Type of debt security:                              Mixed rate credit linked notes

Debt security code:                                 FRC565
ISIN:                                               ZAG000212820
Coupon rate:                                        3 Month JIBAR plus 300 basis points for all interest periods commencing from the issue
                                                    date and ending on but excluding 31 January 2030 and 11.12% 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:                                 FRC566
ISIN:                                               ZAG000212838
Coupon rate:                                        3 Month JIBAR plus 300 basis points for all interest periods commencing from the issue
                                                    date and ending on but excluding 31 January 2030 and 10.51% per annum for all interest
                                                    periods commencing from 31 January 2030 and ending on but excluding the maturity
                                                    date
Maturity date:                                      31 January 2037, subject to paragraph 51 of the pricing supplement

THE BELOW SECTION IS APPLICABLE TO THE FRC565 AND FRC566 NOTES ABOVE:

Issue date:                                         21 February 2025
Nominal issued:                                     R85 000 000.00
Issue price:                                        100% of par
Interest commencement date:                         21 February 2025
First interest payment date:                        30 April 2025
Interest determination date(s):                     The first business day of each interest period, with the first interest determination date
                                                    being the issue date
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
Business day convention:                            Modified following business day
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
Programme amount:                                   R60 000 000 000.00
Total notes in issue under programme:               R45 817 378 308.80 as at the signature date of the FRC566 pricing supplement
Dealer:                                             FirstRand Bank Limited, acting through its Rand Merchant Bank division

19 February 2025

Debt sponsor
FirstRand Bank Limited

Date: 19-02-2025 04:40:00
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