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NEDBANK GROUP LIMITED - Listing of new financial instrument

Release Date: 29/05/2025 15:20
Code(s): NGL13     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:

Bond code:                                         NGL13
Authorised programme size:                         R40,000,000,000.00
Total amount in issue after this issuance:         R28,735,000,000.00
Instrument type:                                   Floating rate note
Nominal issued:                                    R2,500,000,000.00
Issue price:                                       100%
Interest rate:                                     3 Month JIBAR as at 27 May 2025 plus a margin of 1.65%
Trade type:                                        Price
Maturity date:                                     31 May 2035
Books close dates:                                 26 August, 25 November, 23 February and 26 May
Interest payment dates:                            31 August, 30 November, 28 February and 31 May
Last day to register:                              By 17:00 on 25 August, 24 November, 22 February and
                                                   25 May
Issue date:                                        30 May 2025
Date convention:                                   Modified following business day
Interest commencement date:                        30 May 2025
First interest payment date:                       31 August 2025
ISIN:                                              ZAG000215922
Additional information:                            Subordinated, Unsecured, Tier 2 notes

The Applicable Pricing Supplement is available on the following link:
Debt investors programme (nedbank.co.za)

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 please contact:

Nhlanganiso Kunene                       Nedbank CIB          +27 10 234 8620
Corporate Actions                        JSE                  +27 11 520 7000

29 May 2025

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

Date: 29-05-2025 03:20:00
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