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NEDBANK LIMITED - NED8 - Full Capital Redemption

Release Date: 08/01/2014 14:50
Code(s): NED8     PDF:  
Wrap Text
NED8 -  Full Capital Redemption

NEDBANK LIMITED
JSE Code: NED8
ISIN No: ZAG000036849

NED8 - NEDBANK LIMITED – Full Capital Redemption

In accordance with the provisions of the terms and conditions
of Nedbank Limited (‘Nedbank’) Unsecured subordinated note –
“NED8” under sections 14, 16 and 35 (‘Optional redemption’) of
the Pricing Supplement dated 05 February 2007, investors are
herewith       advised   of   the   Full   Capital   Redemption   of   NED8
effective 08 February 2014.


In accordance with the Terms and Conditions, the Registrar
of     Banks    has   granted   written     approval   of   the   early
redemption of the NED8 Note at the option of the Issuer.

                  Capital Redemption           Amount
                  Amount                       Outstanding
                                               After    Capital
                                               Redemption
NED8              R 1 700,000,000.00           R0.00




08 January 2014

Sponsor
Nedbank Capital

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