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NEDBANK LIMITED - Listing Of New Financial Instruments - NN407

Release Date: 09/04/2025 17:03
Code(s): NN407     PDF:  
Wrap Text
Listing Of New Financial Instruments - NN407

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:                              NN407
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R38,944,169,212.00
Instrument type:                             Floating Credit Linked Note
Nominal issued:                              R350,000,000.00
Issue price:                                 100%
Interest rate:                               3-month JIBAR as at 09 April 2025 plus a margin of 1.80%
Trade type :                                 Price
Maturity date:                               28 February 2035
Books close dates:                           18 February, 21 May, 21 August and 20 November
Interest payment dates:                      28 February, 31 May, 31 August and 30 November
Last day to register:                        By 17:00 on 17 February, 20 May, 20 August and 19 November
Date convention:                             Following business day
Interest commencement date:                  09 April 2025
First interest payment date:                 31 May 2025
Issue date:                                  09 April 2025
ISIN:                                        ZAG000214511
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:

9 April 2025

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

Date: 09-04-2025 05:03:00
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