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NEDBANK LIMITED - Notice regarding equity linked interest amount on the applicable anniversary date - NN02

Release Date: 17/07/2020 08:42
Code(s): NN02     PDF:  
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Notice regarding equity linked interest amount on the applicable anniversary date - NN02

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE alpha code: BINBK

NOTICE REGARDING EQUITY LINKED INTEREST AMOUNT ON THE APPLICABLE ANNIVERSARY DATE

In terms of the Pricing Supplement for NN02, the equity linked interest amount as per the anniversary
date has been determined as follows:

Aggregate principal amount:                             ZAR24,500,000.00
Applicable anniversary date:                            16 July 2020
Reference equity index:                                 FTSE / JSE Top 40 Index (Top40 Index)
Index barrier level:                                    29,603.37
Index close:                                            51,363.49
Conditional interest rate:                              10.00%
Equity linked interest amount:                          R2,450,000.00
Equity linked interest amount payment date:             17 July 2023


17 July 2020
Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 17-07-2020 08:42:00
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