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NEDBANK LIMITED - New Listing - NED15 NED16

Release Date: 07/04/2014 13:48
Code(s): NED16 NED15     PDF:  
Wrap Text
New Listing - NED15 NED16

NEDBANK LIMITED
Nedbank Limited Reg No 1951/000009/06
Incorporated in the Republic of South Africa
JSE Code: NED15
ISIN No: ZAG000114703

JSE Code: NED16
ISIN No: ZAG000114711


New Listing

The JSE Limited has granted a listing to NEDBANK LIMITED on Interest
Rate Market with effect from 7 April 2014 under its Domestic Medium
Term Note Programme dated 24 May 2010.



INSTRUMENT TYPE:             FIXED RATE NOTE

Authorised Programme size    R 40,000,000,000.00
Total Notes Outstanding      R 32,300,000,000.00



Bond Code                    NED15
Nominal Issued               R 450, 000, 000.00
Issue Price                  100%
Coupon                       10.49%
Coupon Indicator             Fixed
Trade Type                   Price
Maturity Date                8 April 2024
Books Close                  3 October, 3 April
Interest Payment Date(s)     8 October, 8 April
Last Day to Register         By 17:00 on 2 October, 2 April
Issue Date                   7 April 2014
Date Convention              Modified Following
Interest Commencement Date   7 April 2014
                                                                   2

First Interest Payment Date 8 October 2014
ISIN No.                    ZAG000114703
Callable Date               8 April 2019
Additional Information      Subordinated Unsecured Notes



INSTRUMENT TYPE:            FLOATING RATE NOTE

Authorised Programme size   R 40,000,000,000.00
Total Notes Outstanding     R 32,300,000,000.00

Bond Code                   NED16
Nominal Issued              R1,737,000,000.00
Issue Price                 100%
Coupon                      8.275% (3 Month JIBAR as at 3 April 2014
                            of 5.725% plus 255 bps)
Coupon Indicator            Floating
Trade Type                  Price
Maturity Date               8 April 2024
Books Close                 3 July, 3 October, 3 January, 3 April
Interest Payment Date(s)    8 July, 8 October, 8 January, 8 April
Last Day to Register        By 17:00 on 2 July, 2 October, 2 January,
                            2 April
Issue Date                  7 April 2014
Date Convention             Modified Following
Interest Commencement Date 7 April 2014
First Interest Payment Date 8 July 2014
ISIN No.                    ZAG000114711
Callable Date               8 April 2019
Additional Information      Subordinated Unsecured Notes

The notes will be immobilised in the Central Securities
Depository (“CSD”) and settlement will take place electronically
in terms of JSE Rules.


Date 07th April 2014

Debt Sponsor: Nedbank Capital

Date: 07/04/2014 01:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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