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NEDBANK LIMITED - Listing Of New Financial Instruments - NN393

Release Date: 13/03/2025 14:10
Code(s): NN393     PDF:  
Wrap Text
Listing Of New Financial Instruments - NN393

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

LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted approval for a new financial instrument listings to Nedbank Limited under its
Structured Note Programme dated 8 February 2019 as follows:

New instrument:                              NN393
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R35,566,970,677.00
Instrument type:                             Floating rate with Compounding period
Nominal issued:                              R25,000,000.00
Issue price:                                 100%
Interest rate:                               3-month JIBAR as at 18 March 2025 plus a margin of 0.675%,
                                             ending 31 March 2030;
                                             for interest periods commencing from 31 March 2030, a margin
                                             to be determined by the Calculation Agent
Trade type:                                  Price
Maturity date/ Early redemption (Call):      31 March 2030, 31 March 2035, 31 March 2040, 31 March 2045
                                             and 31 March 2050
Books close dates:                           21 March, 20 June, 20 September and 21 December
Interest accrual dates:                      31 March, 30 June, 30 September and 31 December
Last day to register:                        By 17:00 on 20 March, 19 June, 19 September and 20 December
Issue date:                                  18 March 2025
Date convention:                             Following business day
Interest commencement date:                  18 March 2025
First interest accrual date:                 31 March 2025
ISIN:                                        ZAG000213620
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. For further information on the Note
please contact:



13 March 2025

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

Date: 13-03-2025 02:10:00
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