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NEDBANK GROUP LIMITED - New Financial Instrument Listing - NGL07

Release Date: 08/04/2019 11:31
Code(s): NGL07     PDF:  
Wrap Text
New Financial Instrument Listing - NGL07

        NEDBANK GROUP LIMITED
        Reg No 1966/010630/06
        Incorporated in the Republic of South Africa


        JSE Code: NGL07
        ISIN No:        ZAG000158254

        New Listing of Nedbank Group Limited Floating Rate Note Callable

        The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on
        the Interest Rate Market with effect from 08 April 2019 under its
        Domestic Medium Term Note Programme.

        Authorised Programme size          R 25,000,000,000.00
        Total Notes Outstanding            R 13,528,000,000.00 (including
                                           this issuance)

        Bond Code                          NGL07
        Nominal Issued                     R 2,500,000,000.00
        Issue Price                        100%
        Coupon                             9.558% (3 Month JIBAR as at 03
                                           April 2019 of 7.158% plus 240
                                           bps)
        Coupon Rate Indicator              Floating
        Trade Type                         Price
        Final Maturity Date                9 April 2029
        Books Close Date(s)                4 January, 4 April, 4 July, 4
                                           October
        Interest Payment Date(s)           9 January, 9 April, 9 July, 9
                                           October
        Last Day to Register               By 17:00 on 3 January, 3 April,
                                           3 July, 3 October
        Issue Date                         8 April 2019
        Date Convention                    Modified Following
        Interest Commencement Date         8 April 2019
        First Interest Payment Date        9 July 2019
        Call / Step Up Date                9 April 2024
        ISIN No.                           ZAG000158254
        Additional Information             Subordinate, Unsecure - Second
                                           Tier
        Additional Terms and Conditions    N/A




Nedbank Group Limited Internal Use Only
        Applicable Pricing Supplement

        https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDoc
        uments/NGL07%20Pricing%20Supplement%2020190408.pdf

        Securities Depository (“CSD”) and settlement will take place
        electronically in terms of JSE Rules.



        Date 05 April 2019

        Debt Sponsor: Nedbank Corporate and Investment Banking




Nedbank Group Limited Internal Use Only

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