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NEDBANK LIMITED - New financial Instrument Listing - CLNF16

Release Date: 16/08/2017 11:05
Code(s): CLNF16     PDF:  
Wrap Text
New financial Instrument Listing - CLNF16

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


JSE Code: CLNF16
ISIN No: ZAG000146150


New Listing

The JSE Limited has granted a listing to NEDBANK LIMITED on the
Interest Rate Market with effect from 17 August 2017 under its
Structured Note Programme dated 13 July 2016.

Authorised Programme size   R 15,000,000,000.00
Total Notes Outstanding     R 4,205,000,000.00

INSTRUMENT TYPE             CREDIT-LINKED FLOATING RATE NOTE

Bond Code                   CLNF16
Nominal Issued              R24,000,000.00
Issue Price                 100%
Coupon                      3 Month Jibar + 217.5bps
Coupon Indicator            Floating
Trade Type                  Price
Final Maturity Date         17 August 2021
Books Close                 07 November, 07 February, 07 May,
                            07 August
Interest Payment Dates      17 November, 17 February, 17 May,
                            17 August
Last Day to Register        By 17:00 on 06 November, 06 February,
                            06 May, 06 August
Issue Date                  17 August 2017
Date Convention             Following
Interest Commencement Date  17 August 2017
First Interest Payment Date 17 November 2017
ISIN No                     ZAG000146150

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


Date 17 August 2017

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 16/08/2017 11:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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