To view the PDF file, sign up for a MySharenet subscription.

NEDBANK LIMITED - Listing of new financial instrument

Release Date: 08/05/2025 16:00
Code(s): NN421     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:                              NN421
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R40,155,743,405.00
Instrument type:                             Credit linked floating rate notes
Nominal issued:                              R100,000,000.00
Issue date:                                  13 May 2025
Issue price:                                 100%
Date convention:                             Following business day
Trade type :                                 Yield
Maturity date:                               28 February 2035
Interest rate:                               3 month JIBAR as at 13 May 2025 plus a margin of 1.83%
Books close dates:                           18 February, 21 May, 21 August and 20 November
Interest payment dates:                      28 February, 31 May, 31 August and 30 November
Last day to register:                        By 17:00 on 17 February, 20 May, 20 August and 19 November
Interest commencement date:                  13 May 2025
First interest payment date:                 31 August 2025
ISIN:                                        ZAG000215492
Additional information:                      Senior, unsecured

The Applicable Pricing Supplement is available at: Debt investors programme (nedbank.co.za)

The notes relating to the new financial instruments will be dematerialised in the Central Securities Depository
("CSD") and settlement will take place electronically in terms of JSE Rules.

8 May 2025

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

Date: 08-05-2025 04:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.