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NEDBANK GROUP LIMITED - Listing of new financial instrument

Release Date: 08/12/2022 15:31
Code(s): NGT112     PDF:  
Wrap Text
Listing of new financial instrument

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE Alpha Code: NEDI


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Nedbank Group Limited under
its Domestic Medium Term Note Programme as follows:

Authorised programme size:                                R40,000,000,000.00
Total amount in issue after this issuance:                R25,650,000,000.00
Instrument type:                                          Floating rate note
Bond code:                                                NGT112
Nominal issued:                                           R500,000,000.00
Issue price:                                              100%
Coupon:                                                   3 Month JIBAR as at 6 December 2022 plus
                                                          340bps
Coupon rate indicator:                                    Floating
Trade type:                                               Price
Final maturity date:                                      Upon winding-up or liquidation of issuer
Books close date:                                         5 March, 5 June, 5 September and 5 December
Interest payment date(s):                                 10 March, 10 June, 10 September and 10
                                                          December
Last day to register:                                     By 17:00 on 4 March, 4 June, 4 September and 4
                                                          December
Issue date:                                               9 December 2022
Date convention:                                          Modified Following
Interest commencement date:                               9 December 2022
First interest payment date:                              10 March 2023
Call date:                                                10 December 2027
ISIN:                                                     ZAG000192550
Additional information:                                   Subordinated, unsecured - First Tier

The Applicable Pricing Supplement is available on the following link:
https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems/NGT112%20PricingSupplement0912.pdf

The note relating to the new financial instrument (“Note”) 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 issue please contact:

Allister Lamont-Smith                    Nedbank CIB      +27 10 2348705
Corporate Actions                        JSE              +27 11 5207000

8 December 2022

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

Date: 08-12-2022 03:31:00
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