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

New listing of Nedbank Group Limited Floating Rate Note Callable

NEDBANK GROUP LIMITED
Reg No 1966/010630/06
Incorporated in the Republic of South Africa
JSE Code: NGT109
ISIN No:   ZAG000181231

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 03 November 2021 under
its Domestic Medium Term Note Programme.

Authorised Programme size          R 40,000,000,000.00
Total Notes Outstanding            R 25,026,000,000.00 (including
                                   this issuance)

INSTRUMENT TYPE:                   PERPETUAL FLOATING RATE NOTE

Bond Code                          NGT109
Nominal Issued                     R700,000,000
Issue Price                        100%
Coupon                             7.593% (3 Month JIBAR as at 28
                                   October 2021 of 3.683% plus
                                   391bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                N/A Perpetual
Books Close Date                   31 January, 30 April, 31 July,
                                   31 October
Interest Payment Date(s)           4 February, 4 May, 4 August, 4
                                   November
Last Day to Register               By 17:00 on 30 January, 29
                                   April, 30 July, 30 October
Issue Date                         3 November 2021
Date Convention                    Modified Following
Interest Commencement Date         3 November 2021
First Interest Payment Date        4 February 2022
Call Date                          4 November 2026
ISIN No.                           ZAG000181231
Additional Information             Subordinate, Unsecure - First
                                   Tier
Applicable Pricing Supplement
                                   https://clientportal.jse.co.za
                                   /Content/JSEPricingSupplements
                                   Items/NGT109%20PricingSuppleme
                                   nt0311.pdf


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

Date: 02 November 2021

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

Date: 02-11-2021 05:00:00
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