Home Floating interest New listing of Nedbank Group Limited Floating Rate Note Callable – SENS

New listing of Nedbank Group Limited Floating Rate Note Callable – SENS

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New listing of Nedbank Group Limited Floating Rate Note Callable

NEDBANK GROUP LIMITED
Reg No 1966/010630/06
Incorporated in the Republic of South Africa
JSE Code: NGT109
ISIN No: ZAG000181231

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 03 November 2021 under
its Domestic Medium Term Note Programme.

Authorised Programme size R 40,000,000,000.00
Total Notes Outstanding R 25,026,000,000.00 (including
this issuance)

INSTRUMENT TYPE: PERPETUAL FLOATING RATE NOTE

Bond Code NGT109
Nominal Issued R700,000,000
Issue Price 100%
Coupon 7.593% (3 Month JIBAR as at 28
October 2021 of 3.683% plus
391bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date N/A Perpetual
Books Close Date 31 January, 30 April, 31 July,
31 October
Interest Payment Date(s) 4 February, 4 May, 4 August, 4
November
Last Day to Register By 17:00 on 30 January, 29
April, 30 July, 30 October
Issue Date 3 November 2021
Date Convention Modified Following
Interest Commencement Date 3 November 2021
First Interest Payment Date 4 February 2022
Call Date 4 November 2026
ISIN No. ZAG000181231
Additional Information Subordinate, Unsecure – First
Tier
Applicable Pricing Supplement
https://clientportal.jse.co.za
/Content/JSEPricingSupplements
Items/NGT109%20PricingSuppleme
nt0311.pdf

Securities Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.

Date: 02 November 2021

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

Date: 02-11-2021 05:00:00
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