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New Financial Instrument Listing Announcement – IBL339
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 – IBL339
Application has been made to the JSE Limited ("JSE") for the listing of ZAR1,000,000,000
(one billion Rand) Senior Unsecured Floating Rate Notes (stock code IBL339), under
Investec Bank Limited's Domestic Medium-Term Note and Preference Share Programme
dated 17 March 2021.
The IBL339 Notes will be issued to Noteholders on the date of listing being
24 October 2025 with effect from commencement of trade.
Salient features of the IBL339 Notes are listed below:
Issuer Investec Bank Limited
Instrument Senior Unsecured Notes
Issue Date 24 October 2025
Aggregate Nominal Amount ZAR1,000,000,000 (one billion
Rand)
Nominal Amount per Note R1,000,000 (one million Rand) as at
the Issue Date
Interest Rate The Note will be
(a) Floating Rate Notes for the
period from and including the Issue
Date to but excluding the Optional
Redemption Date (as adjusted in
accordance with the applicable
Business Day Convention) paying
the Reference Rate plus a margin of
1.14%; and
(b) Floating Rate Notes for the
period from and including the
Optional Redemption Date (as
adjusted in accordance with the
applicable Business Day
Convention) to but excluding the
Maturity Date paying the Reference
Rate plus a margin of 1.20%.
Optional Redemption Date 24 October 2029
Reference Rate Compounded Daily ZARONIA
(Lookback without Observation
Shift), as defined in, and determined
in accordance with the provisions of
Schedule 1 (Screen Rate
Determination for Floating Rate
Notes Referencing Compounded
Daily ZARONIA (Lookback without
Observation Shift) of the Applicable
Pricing Supplement
Interest Determination Date the 5th (fifth) Johannesburg
Business Day (as defined in
Schedule 1 (Screen Rate
Determination for Floating Rate
Notes Referencing Compounded
Daily ZARONIA (Lookback without
Observation Shift) prior to (i) the
Issue Date; and (ii) each Interest
Payment Date
Maturity Date 24 October 2030 (as adjusted in
accordance with the applicable
Business Day Convention)
Issue price per Note 100%
Final Redemption Amount per Note The Nominal Amount per Note (plus
accrued unpaid interest, if any, up
to, but excluding, the Maturity Date)
Early Redemption Amount The aggregate outstanding Nominal
Amount (plus accrued interest, if
any, up to, but excluding, the
applicable Redemption Date)
Interest Commencement Date 24 October 2025
Books Close Dates The Register will be closed on
23 January, 23 April, 23 July and
23 October in each year until the
applicable Redemption Date
Last Day to Register (i) 22 January, 22 April, 22 July and
22 October in each year or if
such day is not a Business Day,
the Business Day immediately
preceding any such date; or
(ii) the Business Day immediately
preceding any Payment Date.
Interest Payment Dates means 24 January, 24 April, 24 July
and 24 October of each year,
provided that, if any day is not a
Business Day, the Business Day on
which interest will be paid will be
determined in accordance with the
applicable Business Day
Convention.
Business Day Convention Modified Following Business Day
JSE Stock Code IBL339
ISIN ZAG000220336
Aggregate Nominal Amount of Notes Outstanding ZAR43,147,000,000 (forty-three
in the Series including this issuance but excluding billion one hundred and forty-seven
all other issuances on this Issue Date million Rand)
The Pricing Supplement contains additional terms Condition 9.2.4 (Screen Rate
and conditions or changes to the terms and Determination including fallback
conditions as contained in the Programme definitions) shall not apply and the
Memorandum Interest Rate shall be determined in
accordance with Schedule 1.
Schedule 1 was inserted to provide
definitions and terms and conditions
relating to ZARONIA.
A new Condition 9.8 Bench Mark
Discontinuation was inserted as
Schedule 2.
Schedule 3 was inserted to highlight
additional risk factors relating to
ZARONIA.
Investors should study the Applicable Pricing Supplement for full details of the terms and
conditions applicable to these Notes which can be viewed or downloaded on the Issuer's
website: www.investec.com.
Date: 23 October 2025
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 23-10-2025 10:35:00
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