Enhanced Investments - Financial Portal

New financial instrument listings

Published: 2023-06-29 13:06:21 ET

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

LISTING OF NEW FINANCIAL INSTRUMENTS

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

New instrument:                              NN231
Authorised programme size:                   R30,000,000,000.00
Total amount in issue after this issuance:   R19,720,975,087.00
Instrument type:                             Combined floating and fixed rate, credit linked
Bond code:                                   NN231
Nominal issued:                              R50,000,000.00
Issue price:                                 100%
Coupon (Floating):                           3-month JIBAR as at 30 June 2023 plus a margin of 3.00%
Coupon (Fixed):                              10.35% for the period from and including 31 March 2026 to, but
                                             excluding, 31 March 2032
Trade type:                                  Price
Final maturity date:                         31 March 2032
Books close dates (Floating):                21 March, 20 June, 20 September and 21 December until 31
                                             March 2026
Books close dates (Fixed):                   21 March and 20 September from 31 March 2026 until 31 March
                                             2032
Interest payment dates (Floating):           31 March, 30 June, 30 September and 31 December until 31
                                             March 2026
Interest payment dates (Fixed):              31 March and 30 September from 31 March 2026 until 31 March
                                             2032 Last day to register (Floating): By 17h00 on 20 March, 19
                                             June, 19 September and 20 December until 31 March 2026
Last day to register (Fixed):                By 17h00 on 20 March and 19 September from 31 March 2026
                                             to 31 March 2032
Issue date:                                  30 June 2023
Date convention:                             Following business day
Interest commencement date (Floating):       30 June 2023
Interest commencement date (Fixed):          31 March 2026
First interest payment date (Floating):      30 September 2023
First interest payment date (Fixed):         30 September 2026
ISIN:                                        ZAG000197401
Additional information:                      Senior, unsecured

New instrument:                              NN232
Authorised programme size:                   R30,000,000,000.00
Total amount in issue after this issuance:   R19,770,975,087.00
Instrument type:                             Combined floating and fixed rate, credit linked
Bond code:                                   NN232
Nominal issued:                              R50,000,000.00
Issue price:                                 100%
Coupon (Floating):                           3-month JIBAR as at 30 June 2023 plus a margin of 2.50%
Coupon (Fixed):                              11.25% for the period from and including 28 February 2028 to,
                                             but excluding, 28 February 2035
Trade type:                                  Price
Final maturity date:                         28 February 2035
Books close dates (Floating):                18 February, 21 May, 21 August and 20 November until 28
                                             February 2028
Books close dates (Fixed):                   17 February and 20 August from 28 February 2028 until 28
                                             February 2035
Interest payment dates (Floating):           28 February, 31 May, 31 August and 30 November until 28
                                             February 2028
Interest payment dates (Fixed):              28 February and 31 August until 28 February 2035
Last day to register (Floating):             By 17h00 on 17 February, 20 May, 20 August and 19 November
                                             until 28 February 2028
Last day to register (Fixed):                By 17h00 on 17 February and 20 August from 28 February 2028
                                             until 28 February 2035
Issue date:                                  30 June 2023
Date convention:                             Following business day
Interest commencement date (Floating):       30 June 2023
Interest commencement date (Fixed):          28 February 2028
First interest payment date (Floating):      31 August 2023
First interest payment date (Fixed):         31 August 2028
ISIN:                                        ZAG000197393
Additional information:                      Senior, unsecured

New instrument:                              NN233
Authorised programme size:                   R30,000,000,000.00
Total amount in issue after this issuance:   R19,902,996,999.00
Instrument type:                             Floating rate
Bond code:                                   NN233
Nominal issued:                              R132,021,912.00
Issue price:                                 100%
Coupon:                                      A margin of 17.94% minus 3-month JIBAR as at 30 June 2023
Trade type:                                  Price
Final maturity date:                         30 June 2025
Books close dates:                           20 September, 20 December, 20 March, and 20 June
Interest payment dates:                      30 September, 30 December, 30 March and 30 June
Last day to register:                        By 17h00 on 19 September, 19 December, 19 March, and 19
                                             June
Issue date:                                  30 June 2023
Date convention:                             Following business day
Interest commencement date:                  30 June 2023
First interest payment date:                 1 September 2023
ISIN:                                        ZAG000197385
Additional information:                      Senior, unsecured


The Applicable Pricing Supplements are available at: www.jse.co.za

The notes relating to the new financial instruments (“Notes”) 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 issues please contact:
Corporate Actions JSE                     +27 11 5207000

29 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.