New Listing of Nedbank Group Limited Floating Rate Note Callable - NGL09
NEDBANK GROUP LIMITED
Reg No 1966/010630/06
Incorporated in the Republic of South Africa
JSE Code: NGL09
ISIN No: ZAG000177007
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 18 June 2021 under its
Domestic Medium Term Note Programme.
Authorised Programme size R 40,000,000,000.00
Total Amount in Issue R 26,326,000,000.00 (including
this issuance)
INSTRUMENT TYPE: FLOATING RATE NOTE
Bond Code NGL09
Nominal Issued R 2,500,000,000.00
Issue Price 100%
Coupon 6.033% (3 Month JIBAR as at 14
June 2021 of 3.683% plus 235
bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 19 June 2031
Books Close Date 14 March, 14 June, 14 September,
14 December
Interest Payment Date(s) 19 March, 19 June, 19 September,
19 December
Last Day to Register By 17:00 on 13 March, 13 June,
13 September, 13 December
Issue Date 18 June 2021
Date Convention Modified Following
Interest Commencement Date 18 June 2021
First Interest Payment Date 19 September 2021
Call / Step Up Date 19 June 2026
ISIN No. ZAG000177007
Additional Information Subordinate, Unsecured, Second Tier
- Under DMTN
Applicable Pricing Supplement
https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems
/NGL09%20PricingSupplement18062021.pdf
Securities Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.
Date: 17 June 2021
Debt Sponsor: Nedbank Corporate and Investment Banking, a
division of Nedbank Limited
Date: 17-06-2021 05:26:00
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