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INVESTEC BANK LIMITED - Investec Bank Limited - New Financial Instrument Listing

03 December 2019 - 11:36 AM
Investec Bank Limited - New Financial Instrument Listing

 Investec Bank Limited

 New Financial Instrument Listing


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 IBL134), under
Investec Bank Limiteds Domestic Medium Term Note and Preference Share Programme
dated 10 December 2018.

The IBL134 Notes will be issued to Noteholders on the date of listing being 5 December
2019 with effect from commencement of trade.

Salient features of the IBL134 Notes are listed below:

Issuer                                                   Investec Bank Limited
Instrument                                               Senior unsecured Notes
Issue Date                                               5 December 2019
Nominal Amount per Note                                  R100,000
Interest Rate                                            3 month JIBAR Linked plus the
Interest Determination Date                              17 October, 17 January, 17 April
                                                         and 17 July, as adjusted in
                                                         accordance with the Applicable
                                                         Business Day Convention
Margin                                                   1.30%% (one point three zero
Maturity Date                                            17 October 2024
Issue price per Note                                     101.06993%
Final Redemption Amount per Note                         The Nominal Amount per Note (plus
                                                         accrued unpaid interest, if any, to
                                                         the Maturity Date)
Interest Commencement Date                               17 October 2019
Books Close Period                                       8 October to 17 October, 8 January
                                                         to 17 January, 8 April to 17 April and
                                                         8 July to 17 July (all dates inclusive)
                                                         or 10 days prior to any Payment
Last Day to Register                                     Close of business on the Business
                                                         Day immediately preceding the first
                                                         day of a Books Close Period
Interest Payment Dates                                   17 January, 17 April, 17 July and 17
                                                         October, as adjusted in accordance
                                                         with the Applicable Business Day
Business Day Convention                                  Following Business Day
JSE Stock Code                                      IBL134
ISIN                                                ZAG000163544
Aggregate Nominal Amount of Notes Outstanding       R 700,000,000 (Seven Hundred
in the Series after this issuance                   Million 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: 3 December 2019
Debt Sponsor:
Investec Bank Limited

Date: 03-12-2019 12:36:00
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