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INVESTEC BANK LIMITED - New Financial Instrument Listing Announcement - IBL193

Release Date: 19/10/2021 17:36
Code(s): IVC203     PDF:  
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New Financial Instrument Listing Announcement - IBL193

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 - IBL193

Application has been made to the JSE Limited (“JSE”) for the listing of R200,000,000 (Two
Hundred Million Rand) senior unsecured floating rate Notes (stock code IBL193), under
Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme
dated 17 March 2021.

The IBL193 Notes will be issued to Noteholders on the date of listing being 20 October 2021
with effect from commencement of trade.

Salient features of the IBL193 Notes are listed below:


Issuer                                              Investec Bank Limited

Instrument                                          Senior unsecured Notes

Issue Date                                          20 October 2021

Aggregate Nominal Amount of Tranche                 ZAR200,000,000     (Two   Hundred
                                                    Million Rand)

Nominal Amount per Note                             R1,000,000

Interest Rate                                       Margin less 3 month JIBAR

Interest Determination Date                         The Interest Commencement Date

Margin                                              9.43% for the period beginning on
                                                    and including the Issue Date to and
                                                    excluding the Maturity Date

Maximum Interest Rate                               Not Applicable

Maturity Date                                       20 October 2022

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                          20 October 2021

Books Close Dates                                   The Register will be closed from 11
                                                    January to 20 January, 11 April to
                                                    20 April, 11 July to 20 July and 11
                                                    October to 20 October of each year
                                                    or 10 days prior to any Payment Day

Last Day to Register                                Close of business on the Business
                                                    Day immediately preceding the first
                                                    day of a Books Close Period or if
                                                    such day is not a Business Day, the
                                                    Business Day before each Closed
                                                    Period, or the last Business Day
                                                    immediately       preceding     the
                                                    commencement of the Books Close
                                                    Period


Interest Payment Dates                              20 January, 20 April, 20 July and 20
                                                    October of each year

Business Day Convention                             Following Business Day

JSE Stock Code                                      IBL193

ISIN                                                ZAG000180852

Aggregate Nominal Amount of Notes Outstanding       ZAR43,075,500,000
in the Series excluding this issuance and any
other issuance on this Issue Date

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: 19 October 2021
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za

Date: 19-10-2021 05:36:00
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