Enhanced Investments - Financial Portal

Listing of New Financial Instrument

Published: 2023-06-20 11:00:26 ET

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE Alpha Code: BINBK

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Nedbank Limited under its Structured
Note Programme dated 8 February 2019 as follows:

New instrument:                                NN226
Authorised programme size:                     R30,000,000,000.00
Total amount in issue after this issuance:     R19,011,262,587.00
Instrument type:                               Combined Floating and Fixed rate
Bond code:                                     NN226
Nominal issued:                                R150,000,000.00
Issue price:                                   100%
Coupon (Floating):                             3-month JIBAR as at 21 June 2023 plus a margin of 0.875%
Coupon (Fixed):                                9.48% for the period from and including 21 December 2024
Trade type:                                    Price
Final maturity date:                           21 June 2026
Books close periods:                           11 March, 11 June, 11 September and 11 December
Interest payment dates (floating):             21 March, 21 June, 21 September and 21 December until 21 December
                                               2024
Interest payment dates (fixed):                21 March, 21 June, 21 September and 21 December until final maturity
                                               date
Last day to register:                          By 17h00 on 10 March, 10 June, 10 September and 10 December
Issue date:                                    21 June 2023
Date convention:                               Following business day
Interest commencement date (floating):         21 June 2023
Interest commencement date (fixed):            21 December 2024
First interest payment date (floating):        21 September 2023
First interest payment date (fixed):           21 March 2025
ISIN:                                          ZAG000197005
Additional information:                        Senior, Unsecured

The Applicable Pricing Supplement is available at: www.jse.co.za

The note relating to the new financial instrument (“Note”) will be dematerialised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the Note issue
please contact:


Corporate Actions JSE                        +27 11 5207000

20 June 2023

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.