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NEDBANK LIMITED - New Financial Listing: NED17

Release Date: 13/10/2014 09:21
Code(s): NED17     PDF:  
Wrap Text
New  Financial  Listing: NED17

NEDBANK LIMITED
Nedbank Limited Reg No 1951/000009/06
Incorporated in the Republic of South Africa


JSE Code: NED17
ISIN No: ZAG000120528


New Listing

The JSE Limited has granted a listing to NEDBANK LIMITED on Interest
Rate Market with effect from 13 October 2014 under its Domestic
Medium Term Note Programme dated 24 May 2010.



INSTRUMENT TYPE:            FLOATING RATE NOTE

Authorised Programme size   R 40,000,000,000.00
Total Notes Outstanding     R 32,868,000,000.00



Bond Code                     NED17
Nominal Issued                R 300,000,000.00
Issue Price                   100%
Coupon                        8.825% (3 Month JIBAR      as at 8
                              October 2014 of 6.075%     plus 275
                              bps)
Coupon Indicator              Floating
Trade Type                    Price
Maturity Date                 14 October 2024
Books Close                   9 January, 9 April, 9      July,   9
                              October
Interest Date(s)              14 January, 14 April, 14   July, 14
                              October
Last Day to Register          By 17:00 on 8 January, 8   April, 8
                              July, 8 October
Issue Date                    13 October 2014
Date Convention               Modified Following
                                                               2

Interest Commencement Date      13 October 2014
First Interest Payment Date     14 January 2015
Call / Step Up Date             14 October 2019
ISIN No.                        ZAG000120528
Additional Information          Subordinated Unsecured Notes



Date 13th October 2014

Debt Sponsor: Nedbank Capital

Date: 13/10/2014 09:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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