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NEDBANK LIMITED - Listing of new financial instrument

Release Date: 08/05/2024 08:05
Code(s): NN297     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:                              NN297
Authorised programme size:                   R60,000,000,000.00
Total amount in issue after this issuance:   R29,263,639,265.00
Instrument type:                             Floating and credit linked
Nominal issued:                              R50,000,000.00
Issue price:                                 100%
Interest rate:                               3-month JIBAR as at 10 May 2024 plus a margin of 2.15%
Trade type:                                  Price
Maturity date:                               31 January 2040
Books close dates:                           21 January, 20 April, 21 July and 21 October
Interest payment dates:                      31 January, 30 April, 31 July and 31 October
Last day to register:                        By 17:00 on 20 January, 19 April, 20 July and 20 October
Issue date:                                  10 May 2024
Date convention:                             Following business day
Interest commencement date:                  10 May 2024
First interest payment date:                 31 July 2024
ISIN:                                        ZAG000205220
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 please contact:

Corporate Actions JSE                        +27 11 5207000

8 May 2024

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

Date: 08-05-2024 08:05:00
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