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MOMENTUM METROPOLITAN LIFE LIMITED - Listing of New Financial Instruments

Release Date: 03/11/2026 10:33
Code(s): MML12 MML13 MML14     PDF:  
Wrap Text
Listing of New Financial Instruments

Momentum Metropolitan Life Limited
Incorporated in the Republic of South Africa
Registration No. 1904/002186/06 
LEI: 378900E0A78B7549C212
Company code: MMIG
("MML")

Listing of New Financial Instruments

The JSE Limited has granted approval for new financial instruments listing to MML under its Unsecured Subordinated Note Programme dated 4 November 2019 as guaranteed by Momentum Group, as follows:

Authorised programme size:			                R 10,000,000,000.00
Total amount in issue after issuances:            	R 7,000,000,000.00



Bond code 	MML12
Instrument type:	Floating rate notes
Nominal issued:	R300,000,000.00
Issue date:	5 November 2026
Issue price:	100%
Date convention:	Modified Following business day 
Trade type:	Price
Maturity date:	5 May 2032
Interest rate:  Compounded Daily Zaronia with a 5-business day lookback period without observation shift, plus a margin of 100 bps
Interest payment dates:	5 February, 5 May, 5 August and 5 November of
Last day to register: 	By 17:00 on 4 February, 4 May, 4 August and 4 November
Interest commencement date:	5 November 2026
First interest payment date:	5 February 2027
ISIN:	ZAG000229931
Additional information:	Unsecured Subordinated
Please refer to the Additional Terms and Conditions set out in Schedule 1 for the calculation of interest on the MML12 Notes by reference to Compounded Daily ZARONIA plus the applicable Margin, and to Schedule 2 for the Additional Risk Factors relating to ZARONIA, including its developing market, differences from JIBAR, and the potential amendment or discontinuation of the ZARONIA provisions contained in the Applicable Pricing Supplements.

Bond code 	MML13
Instrument type:	Fixed rate notes
Nominal issued:	R850,000,000.00
Issue date:	5 November 2026
Issue price:	100%
Date convention:	Modified Following business day 
Trade type:	Price
Maturity date:	5 May 2032
Interest rate:                                  	8.82%
Interest payment dates:	5 May and 5 November
Last day to register: 	By 17:00 on 4 May and 4 November
Interest commencement date:	5 November 2026
First interest payment date:	5 May 2027
ISIN:	ZAG000229956
Additional information:	Unsecured Subordinated

Bond code 	MML14
Instrument type:	Fixed rate notes
Nominal issued:	R350,000,000.00
Issue date:	5 November 2026
Issue price:	100%
Date convention:	Modified Following business day 
Trade type:	Price
Maturity date:	5 November 2033
Interest rate:                                  	9.03%
Interest payment dates:	5 May and 5 November
Last day to register: 	By 17:00 on 4 May and 4 November
Interest commencement date:	5 November 2026
First interest payment date:	5 May 2027
ISIN:	ZAG000229949
Additional information:	Unsecured Subordinated

For more information, refer to The Applicable Pricing Supplements which are available at: 
Investor Relations | Debt Investors | Momentum Group

The notes relating to the new financial instruments will be dematerialised in the Central Securities Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. 


 03 November 2026

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

       



Date: 03/11/2026 10:33:35
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