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FIRSTRAND BANK LIMITED - FRS279 - Listing of New Financial Instrument

Release Date: 16/09/2021 17:03
Code(s): FRS279     PDF:  
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FRS279 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRS279       ISIN: ZAG000179953


The JSE Limited has granted FirstRand Bank Limited the listing of its FRS279 senior unsecured unsubordinated
notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time to time,
effective 21 September 2021.

Debt security code:                         FRS279
ISIN:                                       ZAG000179953
Type of debt security:                      Floating rate notes
Nominal issued:                             ZAR 35 000 000.00
Issue date:                                 21 September 2021
Issue price:                                100% of par
Coupon rate:                                3 Month JIBAR plus 428.5 basis points
Interest determination date(s):             The first Business Day of each Interest Period, with the first Interest
                                            Determination Date being the Issue Date
Interest commencement date:                 21 September 2021
First interest payment date:                21 December 2021
Interest payment date(s):                   21 March, 21 June, 21 September and 21 December of each year until
                                            the Maturity Date
Last day to register:                       By 17:00 on 16 March, 16 June, 16 September and 16 December of each
                                            year until the Maturity Date
Books close:                                17 March, 17 June, 17 September and 17 December of each year until
                                            the Maturity Date
Maturity date:                              21 September 2024
Business day convention:                    Modified Following Business Day
Final maturity amount:                      Physical settlement of the Reference Bond as stipulated and defined in
                                            paragraphs 36 and 93 of 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 net asset value event, the reference bond early
                                            redemption event, the early redemption at the option of the issuer, the
                                            early and final redemption amounts, the reference bond and hedging
                                            disruption provisions contained in the pricing supplement

Programme amount:                           ZAR 30 000 000 000.00
Total notes in issue under programme:       ZAR 25 536 989 385.14 as at the signature date of the FRS279
                                            pricing supplement
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank division

16 September 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 16-09-2021 05:03:00
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