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NEDBANK LIMITED - Listing of new financial instrument

Release Date: 13/05/2025 14:27
Code(s): NN422     PDF:  
Wrap Text
Listing of new financial instrument

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:                              NN422
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R40,255,743,405.00
Instrument type:                             Credit linked floating rate notes
Nominal issued:                              R100,000,000.00
Issue date:                                  15 May 2025
Issue price:                                 100%
Date convention:                             Following business day
Trade type :                                 Yield
Maturity date:                               31 January 2037
Interest rate:                               3 month JIBAR as at 15 May 2025 plus a margin of 2.00%
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
Interest commencement date:                  15 May 2025
First interest payment date:                 31 July 2025
ISIN:                                        ZAG000215591
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.

13 May 2025

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

Date: 13-05-2025 02:27:00
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