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NEDBANK LIMITED - New Financial Instrument(s) Listing - NED18

Release Date: 15/01/2015 15:05
Code(s): NED18     PDF:  
Wrap Text
New Financial Instrument(s) Listing - NED18

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


JSE Code: NED18
ISIN No: ZAG000123019


New Listing

The JSE Limited has granted a listing to NEDBANK LIMITED on
Interest Rate Market with effect from 15 January 2015 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 32,334,000,000.00

Bond Code                     NED18
Nominal Issued                R 225,000,000.00
Issue Price                   100%
Coupon                        8.875% (3 Month JIBAR as at 12
                              January 2015 of 6.125% plus 275
                              bps)
Coupon Frequency              Floating
Trade Type                    Price
Maturity Date                 16 January 2025
Books Close                   11 April, 11 July, 11 October, 11
                              January
Interest Payment Date(s)      16 April, 16 July, 16 October, 16
                              January
Last Day to Register          10 April, 10 July, 10 October, 10
                              January
Issue Date                    15 January 2015
Date Convention               Modified Following
Interest Commencement Date    15 January 2015
First Interest Payment Date   16 April 2015
Call / Step Up Date           16 January 2020
ISIN No.                      ZAG000123019
Additional Information        Unsecured Subordinated
                                                                    2

Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bon
dDocuments/NED18%20Pricing%20Supplement%2020150114.pdf


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

Further information on the Note issue please contact:

Jacqueline Eberle      Nedbank   +27   11   2944519
Bianca Vaaltyn         JSE       +27   11   5207377
Brendan Povey          JSE       +27   11   5207982
Courtney Galloway      JSE       +27   11   5207603
Diboko Ledwaba         JSE       +27   11   5207222

Date 15 January 2015

Debt Sponsor: Nedbank Capital

Date: 15/01/2015 03:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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