NEDBANK GROUP LIMITED - New Financial Instrument Listing - NGL01G - 30 June 2020

New Financial Instrument Listing - NGL01G - 30 June 2020

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


JSE Code: NGL01G
ISIN No:   ZAG000169079

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 30 JUNE 2020 under its
Domestic Medium Term Note Programme.

Authorised Programme size          R 25,000,000,000.00
Total Notes Outstanding            R 18,357,000,000.00 (including
                                   this issuance)

INSTRUMENT TYPE:                   FLOATING RATE NOTE

Bond Code                          NGL01G
Nominal Issued                     R 2,000,000,000.00
Issue Price                        100%
Coupon                             6.717% (3 Month JIBAR as at 26
                                   Jun 2020 of 3.917% plus 280 bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                30 June 2030
Books Close Date                   22 August, 22 November, 22
                                   February, 22 May
Interest Payment Date(s)           26 August, 26 November, 26
                                   February, 26 May
Last Day to Register               By   17:00   on   21August,   21
                                   November, 21 February, 21 May
Issue Date                         30 June 2020
Date Convention                    Modified Following
Interest Commencement Date         30 June 2020
First Interest Payment Date        26 August 2020
Call / Step Up Date                1 July 2025
ISIN No.                           ZAG000169079
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
                         01G%20PricingSupplement3006.pdf



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



Date 29 JUNE 2020

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 29-06-2020 05:01:00
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