FirstRand lists ZAR 1.651 billion notes: ZAR 2.80 dividend marks FirstRand stock

Published on 10/18/2026 at 12:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The two notes mature on April 12, 2037 and carry a 1.43 percentage point spread. The ZAR 2.80 dividend also marks FirstRand stock.

Capital structure dates and figures

FirstRand listed two Tier 2 notes totaling ZAR 1.651 billion on October 12, 2026.
The October 5, 2026 dividend notice set the payment at ZAR 2.80 per share.
The notes mature on April 12, 2037, with one carrying a 1.43 percentage point spread.

FirstRand, ZAE000066304, Illustration mit AI erstellt.

FirstRand Limited (ISIN ZAE000066304) listed two unsecured Tier 2 notes totaling ZAR 1.651 billion on October 12, 2026, after the Johannesburg Stock Exchange approved the issue, EBNewsDaily reported on October 9, 2026. FirstRand also set a ZAR 2.80 per-share dividend for payment on October 12, 2026, according to EasyEquities on October 5, 2026.

Debt issue adds funding detail

The financing gives FirstRand a fresh capital-markets reference point alongside its ordinary banking operations. The larger FSR05 note has a nominal value of ZAR 1.051 billion and pays the daily-compounded ZARONIA benchmark plus 1.43 percentage points, according to EBNewsDaily's October 9, 2026 account.

The second FSR06 note totals ZAR 600.00 million and carries a 9.31 percent rate until April 12, 2032, when it switches to the same ZARONIA-linked structure. Both instruments mature on April 12, 2037, keeping the financing timeline visible well beyond the current reporting cycle.

Three dated company markers

On October 5, 2026, EasyEquities said FirstRand's upcoming dividend was ZAR 2.80 per share and described the payout as 13.00 percent higher than the previous comparable distribution. On October 9, 2026, FirstRand disclosed approval for two Tier 2 notes totaling ZAR 1.651 billion. On October 12, 2026, the notes reached their issue and effective listing date.

What dates define the financing?

The October 12, 2026 listing date establishes when the notes entered the market, while April 12, 2032 marks the scheduled rate change for FSR06. The final maturity date for both notes is April 12, 2037, giving the debt structure a clearly defined long-term horizon.

Funding and shareholder cash flow

For investors, the useful contrast is between the ZAR 1.651 billion debt issue and the ZAR 2.80 cash distribution per share. One figure describes balance-sheet funding, while the other describes shareholder cash flow. Together, the dated announcements provide a compact view of FirstRand's capital activity in October 2026.

FirstRand stock stays tied to company dates

The October financing and dividend timetable give FirstRand stock two concrete reference points for assessing the group after its 2026 annual reporting cycle. The debt notes add funding detail, while the dividend confirms a cash return scheduled for October 12, 2026.

The further course of trading is shown by the continuously updated real-time quote of FirstRand stock.