JSE Sens
FRC523 - Listing of New Financial Instrument
2024/06/11 10:20:00Download PDF Stock report
FRC523 - Listing of New Financial Instrument
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC523 ISIN: ZAG000206186
(FRB)
LISTING OF NEW FINANCIAL INSTRUMENT
The JSE has granted FRB the listing of its FRC523 senior unsecured unsubordinated notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 14 June 2024.
Debt security code: FRC523
ISIN: ZAG000206186
Type of debt security: Credit linked notes
Nominal issued: R 500 000 000.00
Issue date: 14 June 2024
Issue price: 100% of par
Interest commencement date: 14 June 2024
Coupon rate: 3 Month JIBAR plus 224 basis points
Interest determination date(s): The first business day of each interest period, with the first interest
determination date being the issue date
First interest payment date: 31 August 2024
Interest payment date(s): 28 February, 31 May, 31 August and 30 November in each year until the
maturity date
Last day to register: By 17:00 on 23 February, 26 May, 26 August and 25 November in each
year until the maturity date
Books close: 24 February, 27 May, 27 August and 26 November in each year until the
maturity date
Business day convention: Modified following business day
Maturity date: 28 February 2035, subject to paragraph 51 of the pricing supplement
Final redemption 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 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 supplement
Programme amount: R 60 000 000 000.00
Total notes in issue under programme: R 42 812 411 026.62 as at the signature date of the pricing
supplement
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
11 June 2024
Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 11-06-2024 10:20:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.