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NEDBANK LIMITED - Listing of new financial instrument

Release Date: 03/07/2025 12:41
Code(s): NN434     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:                              NN434
Authorised programme size:                   R60,000,000,000
Total amount in issue after this issuance:   R41,951,316,829
Instrument type:                             Credit linked floating rate notes
Nominal issued:                              R100,000,000
Issue date:                                  8 July 2025
Issue price:                                 100%
Date convention:                             Following business day
Trade type :                                 Yield
Maturity date:                               31 January 2037
Interest rate:                               3 month JIBAR as at 8 July 2025 plus a margin of:
                                             1.61% for the period from and including 8 July 2025 to, but
                                             excluding, 7 July 2028
                                             1.65% for the period from and including 7 July 2028 to, but
                                             excluding, 7 July 2031
                                             1.69% for the period from and including 7 July 2031 to, but
                                             excluding, 7 July 2034
                                             1.73% for the period from and including 7 July 2034 to, but
                                             excluding, 31 January 2037
Books close dates:                           27 September, 28 December, 28 March and 27 June
Interest payment dates:                      7 October, 7 January, 7 March and 7 July
Last day to register:                        By 17:00 on 26 September, 27 December, 27 March and 26 June
Interest commencement date:                  8 July 2025
First interest payment date:                 7 October 2025
ISIN:                                        ZAG000217191
Additional information:                      Senior, unsecured

The Applicable Pricing Supplement is available at: Debt investors programme (nedbank.co.za)

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

3 July 2025

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

Date: 03-07-2025 12:41:00
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