JSE Sens
FRC375 / FRS273 – Listing of New Financial Instruments
2021/07/22 08:00:00Download PDF Stock report
FRC375 / FRS273 – 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: FRC375 ISIN: ZAG000178278
Bond code: FRS273 ISIN: ZAG000178260
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted FRB the listing of its FRC375 and FRS273 senior unsecured unsubordinated notes, in
terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 23
July 2021.
Debt security code: FRC375
ISIN: ZAG000178278
Type of debt securities: Credit linked notes
Nominal issued: ZAR 75 000 000.00
Coupon rate: 3 month JIBAR plus 248 basis points
First interest payment date: 25 October 2021
Interest payment date(s): 25 January, 25 April, 25 July and 25 October in each year until the
Maturity Date
Last day to register: By 17:00 on 20 January, 20 April, 20 July and 20 October in each year
until the Maturity Date
Books close: 21 January, 21 April, 21 July and 21 October in each year until the
Maturity Date
Maturity date: 25 April 2023, subject to paragraph 51 of the pricing supplement
Final maturity amount: 100% of the Aggregate Nominal Amount, subject to the conditions
contained in paragraph 36 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 and reference obligation early
redemption event, early redemption at the option of the issuer, final
redemption amount, early redemption amount and credit linked notes
provisions contained in the pricing supplement
Debt security code: FRS273
ISIN: ZAG000178260
Type of debt securities: Floating rate notes
Nominal issued: ZAR 20 000 000.00
Coupon rate: 3 month JIBAR plus 289 basis points, subject to paragraph 22(e) of the
pricing supplement
First interest payment date: 30 September 2021
Interest payment date(s): 31 March, 30 June, 30 September and 31 December in each year until
the Maturity Date
Last day to register: By 17:00 on 26 March, 25 June, 25 September and 26 December in each
year until the Maturity Date
Books close: 27 March, 26 June, 26 September and 27 December in each year until
the Maturity Date
Maturity date: 31 March 2032
Final maturity amount: 100% of the Aggregate Nominal Amount
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 reference bond early redemption event, the early
redemption at the option of the issuer, the early redemption amount and
the additional conditions as per line 93 of the pricing supplement
Issue date: 23 July 2021
Issue price: 100% of par
Interest commencement date: 23 July 2021
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: ZAR 30 000 000 000.00
Total notes in issue under programme: ZAR 24 982 212 061.13 as at the signature date of the FRC375
pricing supplement
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
22 July 2021
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 22-07-2021 08:00:00
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