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NEDBANK LIMITED - NN354-New Financial Instrument Listing

Release Date: 16/10/2024 16:20
Code(s): NN354     PDF:  
Wrap Text
NN354-New Financial Instrument Listing

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

LISTING OF NEW FINANCIAL INSTRUMENT

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

New instrument:                              NN354
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R31,379,999,177.00
Instrument type:                             Combined inflation and credit linked
Nominal issued:                              R113,000,000.00
Issue price:                                 111.63292%
Interest rate:                               2.50% per annum payable semi-annually, adjusted for inflation
                                             as per paragraph 7 of the applicable pricing supplement
Trade type:                                  Yield
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
Issue date:                                  17 October 2024
Date convention:                             Following business day
Interest commencement date:                  17 October 2024
First interest payment date:                 31 March 2025
ISIN:                                        ZAG000209768
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 ("Notes") 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 Notes please contact:

Corporate Actions JSE                        +27 11 5207000

16 October 2024

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

Date: 16-10-2024 04:20:00
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