Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Wed 30 Oct 2024, 9:30 Amendment to the Applicable Pricing Supplement – IBL284
Amendment to the Applicable Pricing Supplement – IBL284

Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
Issuer code: BIINLP
LEI No: 549300RH5FFHO48FXT69

Amendment to the Applicable Pricing Supplement – IBL284

An error has been identified in relation to the periods during which the IBL284 Notes will be a Floating
Rate Note and a Fixed Rate Note respectively.

The Issuer and the Noteholder have agreed that an Amended and Restated Applicable Pricing
Supplement be issued.

The salient features of the IBL284 Notes are now correctly reflected as follows:

(i)      clause 38(ii)(b) has been replaced with the following new clause 38(ii)(b):

         (b) Interest Payment Date(s)                           As set out in 26 above, for the period(s)
                                                                applicable as described in 43(ii)(a)

(ii)     clause 39(ii)(b) has been replaced with the following new clause 39(ii)(b):

         (b) Interest Payment Date(s)                           As set out in 26 above, for the period(s)
                                                                applicable as described in 43(ii)(b)

(iii)    clauses 43(ii)(a) and clause 43(ii)(b) have been replaced with the following clauses 43(ii)(a)
         and clause 43(ii)(b) as follows:

         (a) Fixed Rate Note(s)                                 The Notes will be Fixed Rate Notes with
                                                                an Interest Rate of 8.90% nacq for the
                                                                period from and including the Issue
                                                                Date to but excluding the Interest
                                                                Payment Date of 15 February 2025
                                                                (such date being subject to the
                                                                applicable Business Day Convention)

                                                                The Notes will be Floating Rate Notes,
         (b) Floating Rate Note(s)                              with the Interest Rate being the
                                                                Reference Rate plus the Margin, for the
                                                                period from and including the Interest
                                                                Payment Date of 15 February 2025
                                                                (such date being subject to the
                                                                applicable Business Day Convention)
                                                                to but excluding the Maturity Date

The aforementioned amendments are made with effect from 15 February 2024.

The Amended and Restated Applicable Pricing Supplement is available for inspection on the issuer's
website and 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 Amended and Restated Applicable Pricing Supplement for full details of the
terms and conditions applicable to these Notes.


Date: 30 October 2024

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

Date: 30-10-2024 09:30:00
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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData


Follow us on: