NEDBANK GROUP LIMITED - New Financial Instrument Listing - NGL08 - 01 July 2020

New Financial Instrument Listing - NGL08 - 01 July 2020

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


JSE Code: NGL08
ISIN No:   ZAG000169145

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 01 July 2020 under its
Domestic Medium Term Note Programme.

Authorised Programme size          R 25,000,000,000.00
Total Notes Outstanding            R 20,407,000,000.00 (including
                                   this issuance)

Bond Code                          NGL08
Nominal Issued                     R 2,050,000,000
Issue Price                        100%
Coupon                             7.767% (3 Month JIBAR as at 26
                                   Jun 2020 of 3.917 % plus 385bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                2 July 2030
Books Close Date                   28 December, 28 March, 27 June,
                                   27 September
Interest Payment Date(s)           2 January, 2 April, 2 July, 2
                                   October
Last Day to Register               By 17:00 on 27 December, 27
                                   March, 26 June, 26 September
Issue Date                         1 July 2020
Date Convention                    Modified Following
Interest Commencement Date         1 July 2020
First Interest Payment Date        2 October 2020
Early Redemption Date (Call)       2 July 2025
ISIN No.                           ZAG000169145
Additional Information             Subordinate, Unsecured, Second
                                   Tier - Under DMTN
Additional Terms and Conditions    N/A
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2020/NGL
                         08%20PricingSupllement0107.pdf



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

Date 30 June 2020

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 30-06-2020 03:03:00
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