NEDBANK GROUP LIMITED - New Financial Instrument Listing - NGT106 - 04 August 2020

New Financial Instrument Listing - NGT106 - 04 August 2020

NEDBANK GROUP LIMITED
Reg No 1966/010630/06
Incorporated in the Republic of South Africa


JSE Code: NGT106
ISIN No:   ZAG000169970

New Listing of Nedbank Group Limited Floating Rate Note Callable

The JSE Limited has granted a listing to NEDBANK GROUP LIMITED on
the Interest Rate Market with effect from 04 August 2020 under its
Domestic Medium Term Note Programme.

Authorised Programme size          R 25,000,000,000.00
Total Notes Outstanding            R 20,907,000,000.00 (including
                                   this issuance)



INSTRUMENT TYPE:                   PERPETUAL FLOATING RATE NOTE

Bond Code                          NGT106
Nominal Issued                     R 500,000,000.00
Issue Price                        100%
Coupon                             8.625% (3 Month JIBAR as at 30
                                   July 2020 of 3.675% plus 495bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                31 December 2099 (Perpetual)
Books Close Date                   31 January, 30 April, 31 July,
                                   31 October
Interest Payment Date(s)           5 February, 5 May, 5 August, 5
                                   November
Last Day to Register               By 17:00 on 30 January, 29
                                   April, 30 July, 30 October
Issue Date                         4 August 2020
Date Convention                    Modified Following
Interest Commencement Date         4 August 2020
First Interest Payment Date        5 November 2020
Early Redemption Date (Call)       5 August 2025
ISIN No.                           ZAG000169970
Additional Information             Subordinate, Unsecure - First
                                   Tier
Additional Terms and Conditions    N/A

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2020/NGT106%
20PricingSupplement(2)0408.pdf


Securities Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.

Date: 04 August 2020

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 04-08-2020 09:17:00
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