NEDBANK GROUP LIMITED - New Listing of Nedbank Group Limited Floating Rate Note Callable - NGT1G

New Listing of Nedbank Group Limited Floating Rate Note Callable - NGT1G

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

JSE Code: NGT1G
ISIN No:   ZAG000176835

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 15 June 2021 under its
Domestic Medium Term Note Programme.

Authorised Programme size          R 40,000,000,000.00
Total Notes Outstanding            R 23,826,000,000.00 (including
                                   this issuance)

INSTRUMENT TYPE:                   PERPETUAL FLOATING RATE NOTE

Bond Code                          NGT1G
Nominal Issued                     R910,000,000
Issue Price                        100%
Coupon                             7.783% (3 Month JIBAR as at 09
                                   June 2021 of 3.683% plus 410bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                31 December 2099
Books Close Date                   11 March, 11 June, 11 September,
                                   11 December
Interest Payment Date(s)           16 March, 16 June, 16 September,
                                   16 December
Last Day to Register               By 17:00 on 10 March, 10 June,
                                   10 September, 10 December
Issue Date                         15 June 2021
Date Convention                    Modified Following
Interest Commencement Date         15 June 2021
First Interest Payment Date        16 September 2021
Call / Step Up Date                16 June 2026
ISIN No.                           ZAG000176835
Additional Information             Subordinated, Tier 1

Applicable Pricing Supplement
https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems
/NGT1G%20PricingSupplement1506.pdf

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

Date: 14 June 2021

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

Date: 14-06-2021 04:50:00
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