NED13 201806190044A
NED13 - Full Capital Redemption
NEDBANK LIMITED
JSE Code: NED 13
ISIN No: ZAG000107418
NED 13 - NEDBANK LIMITED – Full Capital Redemption
In accordance with the provisions of the terms and conditions
of Nedbank Limited (‘Nedbank’) Unsecured subordinated note –
“NED 13” under sections D3, and D4(a)(‘Optional redemption’)
of the Pricing Supplement dated 24 July 2013, investors are
herewith advised of the Full Capital Redemption of NED 13
effective 25 July 2018.
In accordance with the Terms and Conditions, the Registrar
of Banks has granted written approval of the early
redemption of the NED 13 Note at the option of the Issuer.
Capital Redemption Amount
Amount Outstanding
After Capital
Redemption
NED13 R 1 800,000,000.00 R0.00
19 June 2018
Sponsor
Nedbank CIB
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