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NEDBANK LIMITED - New Listing of Nedbank Limited Senior Unsecured Notes - NBG07G

Release Date: 07/12/2021 14:45
Code(s): NBG07G     PDF:  
Wrap Text
New Listing of Nedbank Limited Senior Unsecured Notes - NBG07G

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

JSE Code: NBG07G
ISIN No:   ZAG000181793

New Listing of Nedbank Limited Senior Unsecured Notes

The JSE Limited has granted a listing to NEDBANK LIMITED on the
Interest Rate Market with effect from 10 December 2021 under its
Domestic Medium Term Note Programme.

Authorised Programme size         R 75,000,000,000.00
Total Notes in issue              R 62,069,614,686.00 (including
                                  this issuance)

INSTRUMENT TYPE:                  FLOATING RATE NOTE

Bond Code                         NBG07G
Nominal Issued                    R1,090,000,000.00
Issue Price                       100%
Coupon                            5.317% (3 Month JIBAR as at 03
                                  December 2021 of 3.867% plus
                                  145bps)
Coupon Rate Indicator             Floating
Trade Type                        Price
Final Maturity Date               15 December 2028
Books Close Date                  10 March, 10 June, 10 September,
                                  10 December
Interest Payment Date(s)          15 March, 15 June, 15 September,
                                  15 December
Last Day to Register              By 17:00 on 9 March, 9 June, 9
                                  September, 9 December
Issue Date                        10 December 2021
Date Convention                   Modified Following
Interest Commencement Date        10 December 2021
First Interest Payment Date       15 March 2022
ISIN No.                          ZAG000181793
Additional Information            Unsubordinated Unsecured Green
                                  Bond

Applicable Pricing Supplement
https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems/NBG07G%20PricingSupplement1012.pdf

The note will be dematerialised in the Central Securities
Depository (“CSD”) and settlement will take place electronically
in terms of JSE Rules. For further information on the Note issue
please contact:

Allister Lamont-Smith                    Nedbank CIB             +27 0102348705
Corporate Actions                        JSE                     +27 115207000

Date: 7 December 2021

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

Date: 07-12-2021 02:45:00
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