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NEDBANK GROUP LIMITED - Full Capital Redemption NGL02

Release Date: 08/02/2022 14:50
Code(s): NGL02     PDF:  
Wrap Text
Full Capital Redemption – NGL02

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1966/010630/06
JSE Alpha Code: NEDI
(‘Nedbank Group’ or the ‘Issuer’)

Full Capital Redemption – NGL02

In accordance with the provisions of the terms and conditions of Nedbank Group’s unsecured subordinated
notes in terms of its Domestic Medium-Term Note Programme and sections D3 and D4 (‘Issuer Early
Redemption Election’) of the NGL02 Pricing Supplement dated 13 March 2017, investors are herewith advised
of the early full capital redemption of NGL02 effective 15 March 2022.

In accordance with the terms and conditions, the Registrar of Banks (Relevant Authority) has granted written
approval for the Issuer Early Redemption Election of the NGL02 notes exercised by Nedbank Group.

JSE Code        ISIN                Capital redemption          Amount                Record date
                                    amount                      outstanding after
                                                                capital redemption
NGL02           ZAG000142688        R2,000,000,000.00           R0.00                 Monday, 14
                                                                                      March 2022


8 February 2022

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

Date: 08-02-2022 02:50:00
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