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New Financial Instrument Listing Announcement – IBL205
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 – IBL205
Application has been made to the JSE Limited (“JSE”) for the listing of R1,000,000,000 (One
Billion Rand) senior unsecured floating rate Notes (stock code IBL205), under Investec Bank
Limited’s Domestic Medium Term Note and Preference Share Programme dated 17 March
2021.
The IBL205 Notes will be issued to Noteholders on the date of listing being 9 December
2021 with effect from commencement of trade.
Salient features of the IBL205 Notes are listed below:
Issuer Investec Bank Limited
Instrument Senior unsecured Notes
Issue Date 9 December 2021
Aggregate Nominal Amount of Tranche R1,000,000,000 (One Billion Rand)
Nominal Amount per Note R1,000,000
Interest Rate 3 month JIBAR plus the Margin,
subject to the Maximum Interest
Rate
Interest Determination Date means the Interest Commencement
Date and every Interest Payment
Date thereafter
Margin 1.20% (one point two percent)
Maximum Interest Rate 5.83% nacq (five point eight three
percent nominal annual
compounded quarterly)
Maturity Date 9 December 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 9 December 2021
Books Close Dates The Register will be closed from 30
November to 9 December, 28
February to 9 March, 31 May to 9
June and 31 August to 9 September
(all dates inclusive) in each year
until the Applicable Redemption
Date, or 10 days prior to any
Payment Day
Last Day to Register 29 November, 27 February, 30 May
and 30 August 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 means 9 December, 9 March, 9
June and 9 September of each year,
provided that the first Interest
Payment Date shall be on 9 March
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 IBL205
ISIN ZAG000182346
Aggregate Nominal Amount of Notes Outstanding R43,152,103,400.00 (forty three
in the Series excluding this issuance but billion one hundred and fifty two
including all other issuances on this Issue Date million one hundred and three
thousand four hundred 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: 6 December 2021
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 06-12-2021 05:33:00
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