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NEDBANK LIMITED - Listing of new financial instrument

Release Date: 08/09/2022 10:10
Code(s): NN176     PDF:  
Wrap Text
Listing of new financial instrument

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

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Nedbank Limited under its Structured
Note Programme dated 08 February 2019 as follows:

New instrument:                                NN176

Authorised programme size:                     R30,000,000,000.00
Total amount in issue after this issuance:     ZAR18,614,299,128.00
Instrument type:                               Credit linked note
Bond code:                                     NN176
Nominal issued:                                R50,000,000.00
Issue price:                                   100%
Coupon:                                        3-month JIBAR as at 18 September 2022 plus a margin of 175 bps
Trade type:                                    Price
Final maturity date:                           18 June 2024
Books close dates:                             08 September, 08 December, 08 March and 08 June
Interest payment dates:                        18 September, 18 December, 18 March and 18 June
Last day to register:                          By 17:00 on 07 September, 07 December, 07 March and 07 June
Issue date:                                    09 September 2022
Date convention:                               Modified Following
Interest commencement date:                    09 September 2022
First interest payment date:                   18 December 2022
ISIN:                                          ZAG000189762
Additional information:                        Senior Unsecured

The Applicable Pricing Supplement is available at:
https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems/NN176%20PricingSupplement0909.pdf




The note relating to the new financial instrument (“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:


Corporate Actions                            JSE                                            +27 11 5207000

08 September 2022

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

Date: 08-09-2022 10:10:00
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