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New Financial Instrument Listing Announcement – IVC209
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 – IVC209
Application has been made to the JSE Limited (“JSE”) for the listing of R50,000,000 (fifty
million Rand) senior unsecured floating rate credit linked Notes (stock code IVC209), under
Investec Bank Limited’s Credit Linked Note Programme dated 17 March 2021.
The IVC209 Notes will be issued to Noteholders on the date of listing being 29 December
2021 with effect from commencement of trade.
Salient features of the IVC209 Notes are listed below:
Issuer Investec Bank Limited
Principal Amount R1,000,000 per Note on the Issue
Date
Instrument Senior unsecured credit linked
Notes
Issue Date 29 December 2021
Nominal Amount per Note R1,000,000
Interest Rate ZAR-JIBAR-SAFEX with a
Designated Maturity of 3 months
plus the Margin
Margin 1.35% (one point three five percent)
Scheduled Maturity Date 20 December 2022
Optional Redemption Date (Call) N/A
Issue price per Note 100%
Final Redemption Amount per Note The Principal Amount per Note (plus
accrued unpaid interest, if any, to
the Scheduled Maturity Date)
Interest Commencement Date Issue Date
Books Close Period From 11 March 2022 to 20 March
2022, from11 June 2022 to 20 June
2022, from 11 September 2022 to 20
September 2022 and from 11
December 2022 to 20 December
2022 (all dates inclusive) until the
Applicable Redemption Date, or 10
(ten) days prior to any Payment Day
Last Day to Register 10 March 2022, 10 June 2022 10
September 2022 and 10 December
2022, 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 20 March 2022, 20 June
2022, 20 September 2022, and 20
December 2022 or, if 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 the
Applicable Pricing Supplement) with
the first Interest Payment Date
being 20 March 2022
Business Day Convention Following Business Day
JSE Stock Code IVC209
ISIN ZAG000182791
Aggregate Nominal Amount of Notes Outstanding ZAR9,461,613,872 (nine billion four
under the Programme after this issuance hundred and sixty one million six
hundred and thirteen thousand
eight hundred and seventy two
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: 28 December 2021
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 28-12-2021 11:16:00
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