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NEDBANK LIMITED - NN323 & NN324-New Financial Instrument Listing

Release Date: 20/08/2024 07:20
Code(s): NN324 NN323     PDF:  
Wrap Text
NN323 & NN324-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 INSTRUMENTS

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

New instrument:                              NN323
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R32,419,665,328.00
Instrument type:                             Floating and credit linked
Nominal issued:                              R50,000,000.00
Issue price:                                 100%
Interest rate:                               3-month JIBAR as at 23 August 2024 plus a margin of 3.00%
Trade type:                                  Price
Maturity date:                               31 January 2037
Early Redemption Date:                       31 July 2029, 31 July 2030, 31 July 2031, 31 July 2032, 31 July
                                             2033, 31 July 2034, 31 July 2035, and 31 July 2036
Books close dates:                           21 January, 20 April, 19 July and 19 October
Interest payment dates:                      31 January, 30 April, 31 July and 31 October
Last day to register:                        By 17:00 on 20 January, 19 April, 20 July and 20 October
Issue date:                                  23 August 2024
Date convention:                             Modified following business day
Interest commencement date:                  23 August 2024
First interest payment date:                 31 October 2024
ISIN:                                        ZAG000208059
Additional information:                      Senior, unsecured




New instrument:                              NN324
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R32,369,665,328.00
Instrument type:                             Floating and credit linked
Nominal issued:                              R80,000,000.00
Issue price:                                 100%
Interest rate:                               3-month JIBAR as at 20 August 2024 plus a margin of 3.00%
Trade type:                                  Price
Maturity date:                               31 January 2040
Early Redemption Date:                       31 July 2029, 31 July 2030, 31 July 2031, 31 July 2032, 31 July
                                             2033, 31 July 2034, 31 July 2035, 31 July 2036, 31 July 2037,
                                             31 July 2038 and 31 July 2039
Books close dates:                           21 January, 20 April, 21 July and 21 October
Interest payment dates:                      31 January, 30 April, 31 July and 31 October
Last day to register:                        By 17:00 on 20 January, 19 April, 20 July and 20 October
Issue date:                                  20 August 2024
Date convention:                             Modified following business day
Interest commencement date:                  20 August 2024
First interest payment date:                 31 October 2024
ISIN:                                        ZAG000208067
Additional information:                      Senior, unsecured

The Applicable Pricing Supplements are available at: Debt investors programme (nedbank.co.za)

The notes relating to the new financial instruments ("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

19 August 2024

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

Date: 20-08-2024 07:20:00
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