Sharenet Sites 
Sharenet Sites
New Financial Instrument Listing Announcement - IVC187
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
ISSUE OF IVC187 SENIOR UNSECURED FLOATING RATE CREDIT LINKED NOTES
(“IVC187 NOTES”)
Application has been made to the JSE Limited (“JSE”) for the listing of R250,000,000 (two
hundred and fifty million Rand) senior unsecured floating rate credit linked Notes (stock code
IVC187), under Investec Bank Limited’s Credit Linked Note Programme dated 10 May 2010.
The IVC187 Notes will be issued to Noteholders on the date of listing being 27 November
2020 with effect from commencement of trade.
Salient features of the IVC187 Notes are listed below:
Issuer Investec Bank Limited
Issue Price R250,000,000
Instrument Senior unsecured credit linked
Notes
Issue Date 27 November 2020
Nominal Amount per Note R1,000,000
Interest Rate 3-month JIBAR plus the Margin
Interest Determination Date 27 November, 27 February, 27 May
and 27 August of each year, as
adjusted in accordance with the
applicable Business Day
Convention
Margin 1.70% (one point seven zero
percent) for the period beginning on
and including the Issue Date to but
excluding 27 November 2021;
2.10% (two point one zero percent)
for the period beginning on and
including 27 November 2021 to and
excluding the Scheduled Maturity
Date
Scheduled Maturity Date 27 November 2022
Optional Redemption Date (Call) 27 November 2021
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 Issue Date
Books Close Period From 18 February to 27 February,
18 May to 27 May, 18 August to 27
August and 18 November to 27
November (all dates inclusive) of
each year until the Scheduled
Maturity Date
Last Day to Register 17 February, 17 May, 17 August
and 17 November of each year, and
if such day is not a Business Day,
the Last Day to Register will be the
Business Day immediately
preceding the first day of the
relevant Books Closed Period
Interest Payment Dates 27 February, 27 May, 27 August
and 27 November of each year,
adjusted in accordance with the
applicable Business Day
Convention, with the first Interest
Payment Date being 27 February
2021
Business Day Convention Following Business Day
JSE Stock Code IVC187
ISIN ZAG000172966
Aggregate Nominal Amount of Notes Outstanding ZAR7,266,191,236 (seven billion
under the Programme after this issuance two hundred and sixty six million
one hundred and ninety one
thousand two hundred and thirty six
rand)
The Pricing Supplement does not contain any
additional terms and conditions or changes to the
terms and conditions as contained in the
Programme Memorandum
Investors should study the Applicable Pricing
Supplement for full details of the terms and
conditions applicable to these Notes.
Date: 26 November 2020
Debt Sponsor:
Investec Bank Limited
abotha@investec.co.za
Date: 26-11-2020 11:03:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
