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NEDBANK GROUP LIMITED - New Listing - NGL01

Release Date: 21/09/2016 08:15
Code(s): NGL01     PDF:  
Wrap Text
New Listing - NGL01

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


JSE Code: NGL01
ISIN No: ZAG000139577


New Listing

The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on
the Interest Rate Market with effect from 21 September 2016 under
its Domestic Medium Term Note Programme.

Authorised Programme size     R 10,000,000,000.00
Total Notes Outstanding       R 0.00



INSTRUMENT TYPE:              FLOATING RATE NOTE

Bond Code                     NGL01
Nominal Issued                R 2,000,000,000.00
Issue Price                   100%
Coupon                        11.358% (3 Month JIBAR as at 16
                              September   2016   of  7.358%  plus
                              400bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           22 September 2026
Books Close                   17 March, 17 June, 17 September and
                              17 December
Interest Payment Date(s)      22 March, 22 June, 22 September, 22
                              December
Last Day to Register          By 17:00 on 16 March, 16 June, 16
                              September and 16 December
Issue Date                    21 September 2016
Date Convention               Modified Following
Interest Commencement Date    21 September 2016
First Interest Payment Date   22 December 2016
Call Date                     22 September 2021
ISIN No.                      ZAG000139577
Additional Information        Subordinate, Unsecured
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bon
dDocuments/NGL01%20-%20Pricing%20Supplement%20%2021092016.pdf

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


Date: 21 September 2016

Debt Sponsor: Nedbank Corporate      and   Investment   Banking,   a
division of Nedbank Limited

Date: 21/09/2016 08:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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