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FRII - Notification of a Credit Event Called by FRB
2025/06/10 13:00:00Download PDF Stock report
FRII - Notification of a Credit Event Called by FRB FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRC346 ISIN: ZAG000171430 Bond code: FRC381 ISIN: ZAG000181272 Bond code: FRC402 ISIN: ZAG000185877 Bond code: FRC416 ISIN: ZAG000187337 Bond code: FRC481 ISIN: ZAG000198623 Bond code: FRC489 ISIN: ZAG000199969 (FRB) NOTIFICATION OF A CREDIT EVENT CALLED BY FRB Noteholders are advised that FRB hereby gives notice, in accordance with the terms and conditions of the R60 000 000 000.00 note programme dated 29 November 2011 as amended or supplemented from time to time, of the occurrence of a credit event on the FRC346, FRC381, FRC402, FRC416, FRC481 and FRC489 notes (affected notes), which referenced Altice France as a constituent of the underlying reference index, the Markit iTraxx® Europe Crossover Index as set out in paragraph 93(e) of the applicable pricing supplements of the affected notes. The details of the write-down applicable in respect of the affected notes, in accordance with paragraph 51(D) of the pricing supplements, will be communicated as soon as this has been determined. 10 June 2025 Debt sponsor FirstRand Bank Limited Date: 10-06-2025 01:00:00 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.