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New Financial Instrument Listing Announcement – IBL235
Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
Issuer code: BIINLP
LEI No: 549300RH5FFHO48FXT69
New Financial Instrument Listing Announcement – IBL235
Application has been made to the JSE Limited (“JSE”) for the listing of R40,000,000 (forty
million Rand) senior unsecured floating rate Notes (stock code IBL235), under Investec Bank
Limited’s Domestic Medium Term Note and Preference Share Programme, dated 17 March
2021.
The IBL235 Notes will be issued to Noteholders on the date of listing being 4 July 2022 with
effect from commencement of trade.
Salient features of the IBL235 Notes are listed below:
Issuer Investec Bank Limited
Instrument Senior unsecured Notes
Issue Date 4 July 2022
Aggregate Nominal Amount of Tranche R40,000,000 (forty million Rand)
Nominal Amount per Note R1,000,000
Interest Rate the Margin minus the Reference
Rate
Margin 15.355% (fifteen point three, five,
five percent)
Reference Rate The ZAR-JIBAR-SAFEX with a
Designated Maturity of 3 months
Interest Determination Date means the Interest Commencement
Date and every Interest Payment
Date thereafter
Maturity Date 4 July 2024
Issue price per Note 100%
Final Redemption Amount per Note The Nominal Amount per Note (plus
accrued unpaid interest, if any, to
the Maturity Date)
Interest Commencement Date 4 July 2022
Books Close Dates The Register will be closed from 24
June to 4 July, 24 September to 4
October, 25 December to 4 January
and 25 March to 4 April (all dates
inclusive) in each year until the
Applicable Redemption Date, or 10
days prior to any Payment Day
Last Day to Register 23 September, 24 December, 24
March and 23 June in each year, or
if such day is not a Business Day,
the Business Day before each
Books Closed Period, or the last
Business Day immediately
preceding the commencement of
the Books Closed Period
Interest Payment Dates 4 July, 4 October, 4 January and 4
April of each year, provided that the
first Interest Payment Date shall be
on 4 October 2022. If any such day
is not a Business Day, the Business
Day on which interest will be paid,
as determined in accordance with
the applicable Business Day
Convention (as specified in this
Applicable Pricing Supplement)
Business Day Convention Following Business Day
JSE Stock Code IBL235
ISIN ZAG000187832
Aggregate Nominal Amount of Notes Outstanding
in the Series including this issuance but R47,032,103,400 (forty-seven
excluding all other issuances on this Issue Date billion thirty-two million one hundred
and three thousand and four
The Pricing Supplement does not contain any hundred Rand) including this
additional terms and conditions or changes to the Tranche of Notes but excluding all
terms and conditions as contained in the other Notes and Programme
Programme Memorandum. Preference Shares issued on the
Issue Date
Investors should study the Applicable Pricing
Supplement for full details of the terms and
conditions applicable to these Notes.
Date: 1 July 2022
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 01-07-2022 09:30:00
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