New Financial Instrument Listing Announcement – IVC336
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 – IVC336
Application has been made to the JSE Limited ("JSE") for the listing of R250,000,000 senior
unsecured credit linked Notes (stock code IVC336), under Investec Bank Limited's Credit Linked Note
Programme dated 17 March 2021.
The IVC336 Notes will be issued to Noteholders on the date of listing being with effect from
14 April 2025 commencement of trade.
Salient features of the IVC336 Notes are listed below:
Issuer Investec Bank Limited
Principal Amount R250,000,000 per Note on the Issue Date
Instrument Senior unsecured credit linked Notes
Issue Date 14 April 2025
Nominal Amount per Note R100,000,000
Interest Rate ZAR-JIBAR-SAFEX with a Designated
Maturity of 3 months plus a margin of
175bps from the date beginning on and
including the Issue Date to but excluding
the Scheduled Maturity Date
Scheduled Maturity Date 20 July 2032
Issue price per Note 100%
Final Redemption Amount per Note The aggregate outstanding Principal
Amount plus accrued unpaid interest (if
any) up to (but excluding) the date fixed
for Redemption
Interest Commencement Date Issue Date
Books Closed Period The Register will be closed from 10 April
to 20 April, 10 July to 20 July, 10 October
to 20 October and 10 January to 20
January of each year (including the first
day but excluding the last day of each
period) until the applicable Redemption
Date, or the date which is 10 (ten) days
prior to (but excluding) any Payment Day
Last Day to Register 9 April, 9 July, 9 October and 9 January
of 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 20 April, 20 July, 20 October and 20
January of each year or, if such day is not
a Business Day, the Business Day on
which interest will be paid, will be as
determined in accordance with the
applicable Business Day Convention (as
specified in this Applicable Pricing
Supplement) with the first Interest
Payment Date being 20 July 2025
Business Day Convention Modified Following Business Day
JSE Stock Code IVC336
ISIN
ZAG000214917
Aggregate Nominal Amount of Notes Outstanding ZAR15 250 495 226
under the Programme after this issuance
The Pricing Supplement does not contain any
additional terms and conditions or changes to the
terms and conditions as contained in the Programme
Memorandum other than additional terms regarding
the calculation of:
Investors should study the Applicable Pricing
Supplement for full details of the terms and conditions
applicable to these Notes.
Date: 11 April 2025
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za
Date: 11-04-2025 12:55:00
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