Full Capital Redemption – NGL01
NEDBANK GROUP LIMITED
JSE Code: NGL01 ISIN No: ZAG000139577
Full Capital Redemption – NGL01
In accordance with the provisions of the terms and conditions of
Nedbank Group Limited (‘NGL’) Unsecured subordinated notes in
terms of its Domestic Medium-Term Note Programme – “NGL01” under
sections D3 and D4 (‘Issuer Early Redemption Election’) of the
Pricing Supplement dated 20 September 2016, investors are
herewith advised of the full capital redemption of NGL01
effective 22 September 2021.
In accordance with the terms and conditions, the Registrar of
Banks (Relevant Authority) has granted written approval of
the Issuer Early Redemption Election of the NGL01 Notes
exercised by Nedbank.
Capital Amount Record
redemption amount outstanding date
after
capital
redemption
NGL01 R2,000,000,000.00 R0.00 Tuesday,
21
September
2021
12 August 2021
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of
Nedbank Limited
Date: 12-08-2021 01:20:00
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