NEDBANK LIMITED - Full Capital Redemption - NED15 and NED16
NED15 NED16 201903060023A
Full Capital Redemption - NED15 and NED16
NEDBANK LIMITED
JSE Code: NED15 ISIN No: ZAG000114703
JSE Code: NED16 ISIN No: ZAG000114711
Full Capital Redemption - NED15 and NED16
In accordance with the provisions of the terms and conditions of Nedbank
Limited (‘Nedbank') Unsecured subordinated notes – "NED 15" and "NED 16"
under sections D3 and D4(a)(‘Optional Redemption') of the Pricing
Supplement dated 4 April 2014, investors are herewith advised of the full
capital redemption of NED15 and NED16 effective 8 April 2019.
In accordance with the terms and conditions, the Registrar of Banks has
granted written approval of the Optional Redemption of the NED15 and
NED16 Notes at the option of Nedbank.
Capital Amount Record date
redemption amount outstanding
after
capital
redemption
NED15 R450,000,000.00 R0.00 5 April 2019
NED16 R1 737,000,000.00 R0.00 5 April 2019
6 March 2019
Sponsor
Nedbank CIB
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