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NEDBANK LIMITED - Tap issue - NN411

Release Date: 24/04/2025 10:30
Code(s): NN411     PDF:  
Wrap Text
Tap issue - NN411

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE Alpha Code: BINBK

TAP ISSUE – NN411

The JSE Limited has granted approval for an additional listing of the NN411 financial instrument to Nedbank
Limited under its Structured Note Programme dated 8 February 2019 as follows:


Tap Issue Amount:                            R75,000,000.00
Nominal amount following Tap Issue:          R225,000,000.00

Instrument code:                             NN411
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R39,926.243,405.00
Instrument type:                             Combined inflation linked and credit linked
Issue price:                                 108.53911%
Interest rate:                               2.50%
Trade type:                                  Yield
Tap issue date:                              29 April 2025
Maturity date:                               31 March 2046
Books close dates:                           21 March and 20 September
Interest payment dates:                      31 March and 30 September
Last day to register:                        By 17:00 on 20 March and 19 September
Date convention:                             Following business day
Interest commencement date:                  29 April 2025
First interest payment date:                 30 September 2025
ISIN:                                        ZAG000214982
Additional information:                      Senior, unsecured

The Applicable Pricing Supplement is available at: Debt investors programme (nedbank.co.za)

The notes relating to the new financial instrument will be dematerialised in the Central Securities Depository
("CSD") and settlement will take place electronically in terms of JSE Rules.

24 April 2025

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

Date: 24-04-2025 10:30:00
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