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NEDBANK GROUP LIMITED - New Listing of Nedbank Group Limited Floating Rate Note Callable - NGL09

Release Date: 17/06/2021 17:26
Code(s): NGL09     PDF:  
Wrap Text
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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