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NEDBANK LIMITED - Listing of New Financial Instrument

Release Date: 14/02/2024 13:47
Code(s): NN285     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 8 February 2019 as follows:

New instrument:                              NN285
Authorised programme size:                   R30,000,000,000.00
Total amount in issue after this issuance:   R29,305,508,351.00
Instrument type:                             Floating and credit linked
Nominal issued:                              R50,000,000.00
Issue price:                                 100%
Interest rate:                               3-month JIBAR as at 19 February 2024 plus a margin of 1.30%
Trade type:                                  Price
Final maturity date:                         19 February 2027
Books close dates:                           9 May, 9 August, 9 November and 9 February
Interest payment dates:                      19 May, 19 August, 19 November and 19 February
Last day to register                         By 17h00 on 8 May, 8 August, 8 November and 8 February
Issue date:                                  19 February 2024
Date convention:                             Following business day
Interest commencement date                   19 February 2024
First interest payment date:                 19 May 2024
ISIN:                                        ZAG000203258
Additional information:                      Senior, unsecured


The Applicable Pricing Supplement is available at: www.jse.co.za

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

14 February 2024

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

Date: 14-02-2024 01:47:00
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