To view the PDF file, sign up for a MySharenet subscription.

FIRSTRAND BANK LIMITED - FRS303 - Listing Of New Financial Instrument

Release Date: 20/05/2022 08:00
Code(s): FRS303     PDF:  
Wrap Text
FRS303 - 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: FRS303       ISIN: ZAG000186172
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its FRS303 senior unsecured unsubordinated
notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time to time,
effective 23 May 2022.


Debt security code:                         FRS303
ISIN:                                       ZAG000186172
Type of debt security:                      Fixed rate notes
Nominal issued:                             ZAR 30 000 000.00
Issue date:                                 23 May 2022
Issue price:                                100% of par
Interest commencement date:                 23 May 2022
Coupon rate:                                9.70% nacs
First interest payment date:                31 July 2022
Interest payment date(s):                   31 January and 31 July of each year until the maturity date
Last day to register:                       By 17:00 on 26 January and 26 July of each year until the
                                            maturity date
Books close:                                27 January and 27 July of each year until the maturity date
Business day convention:                    Modified Following Business Day
Maturity date:                              31 January 2030
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 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 28 942 534 399.30 as at the signature date of the pricing
                                            supplement
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank division



20 May 2022

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

Date: 20-05-2022 08:00:00
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.

Share This Story