NEDBANK GROUP LIMITED - New Listing: NGL03

New Listing: NGL03

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


JSE Code: NGL03
ISIN No: ZAG000144288


New Listing

The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on
the Interest Rate Market with effect from 25 May 2017 under its
Domestic Medium Term Note Programme.

Authorised Programme size     R 10,000,000,000.00
Total Notes Outstanding       R 4,000,000,000.00



INSTRUMENT TYPE:              FLOATING RATE NOTE

Bond Code                     NGL03
Nominal Issued                R 500,000,000.00
Issue Price                   100%
Coupon                        11.092% (3 Month JIBAR as at 23 May
                              2017 of 7.342% plus 375bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           26 May 2027
Books Close                   21 February, 21 May, 21 August, 21
                              November
Interest Payment Date(s)      26 February, 26 May, 26 August, 26
                              November
Last Day to Register          By 17:00 on 20 February, 20 May, 20
                              August, 20 November
Issue Date                    25 May 2017
Date Convention               Modified Following
Interest Commencement Date    25 May 2017
First Interest Payment Date   26 August 2017
Call Date                     26 May 2022
ISIN No.                      ZAG000144288
Additional Information        Subordinate, Unsecured
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bon
dDocuments/NGL03%20Pricing%20Supplement%2020170525.pdf

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


Date: 25 May 2017

Debt Sponsor: Nedbank CIB, a division of Nedbank Limited

Date: 25/05/2017 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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