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NEDBANK GROUP LIMITED - Listing of new financial instrument

Release Date: 26/04/2024 10:04
Code(s): NGL12     PDF:  
Wrap Text
Listing of new financial instrument

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE Alpha Code: NEDI

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Nedbank Group Limited under
its Domestic Medium Term Note Programme as follows:

Bond code:                                         NGL12
Authorised programme size:                         R40,000,000,000.00
Total amount in issue after this issuance:         R22,035,000,000.00
Instrument type:                                   Floating rate note
Nominal issued:                                    R1,739,000,000.00
Issue price:                                       100%
Interest rate:                                     3 Month JIBAR as at 24 April 2024 plus a margin of 1.86%
Trade type:                                        Price
Maturity date:                                     30 April 2034
Early redemption date:                             30 April 2029
Books close dates:                                 25 July, 25 October, 25 January and 25 April
Interest payment dates:                            30 July, 30 October, 30 January and 30 April
Last day to register:                              By 17:00 on 24 July, 24 October, 24 January and 24 April
Issue date:                                        29 April 2024
Date convention:                                   Modified following business day
Interest commencement date:                        29 April 2024
First interest payment date:                       30 July 2024
ISIN:                                              ZAG000204728
Additional information:                            Subordinated, unsecured – Tier 2

The Applicable Pricing Supplement is available on the following link:
Debt investors programme (nedbank.co.za)

The note relating to the new financial instrument ("Note") will be dematerialised in the Central Securities
Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. For further
information on the Note please contact:

Nhlanganiso Kunene                       Nedbank CIB          +27 10 234 8620
Corporate Actions                        JSE                  +27 11 520 7000

26 April 2024

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 26-04-2024 10:04:00
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