Enhanced Investments - Financial Portal

New Financial Instrument Listing Announcement – IVC248

Published: 2023-04-03 18:40:24 ET

 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 – IVC248

Application has been made to the JSE Limited (“JSE”) for the listing of R104,000,000 (one hundred
and four million Rand) senior unsecured indexed redemption amount credit linked Notes (stock code
IVC248), under Investec Bank Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC248 Notes will be issued to Noteholders on the date of listing being with effect from
4 April 2023 on commencement of trade.

Salient features of the IVC248 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                                                4 April 2023

Nominal Amount per Note                                   R1,000,000

Interest Rate                                             Indexed Redemption Amount Notes


Scheduled Maturity Date                                   31 March 2028

Optional Redemption Date (Call)                           N/A


Issue price per Note                                      100%

Final Redemption Amount per Note
                                                          Nominal Amount x [CPIF/CPII + FO x
                                                          Days/365], unless a Credit Event has
                                                          occurred

                                                          Where:

                                                          CPIF is the Reference CPI (as defined
                                                          in item 42 of the Applicable Pricing
                                                          Supplement) on the Scheduled Maturity
                                                          Date
                                                          CPII is the Reference CPI on the Issue
                                                          Date being 107.19000

                                                          FO is the Fixed Outperformance = 5.5%
                                                          per annum

                                                          Days is the number of days from the
                                                          Issue Date to the Scheduled Maturity
                                                          Date


                                                          Day Count Fraction: Actual/365

Interest Commencement Date                                N/A

Books Close Period                                        The Register will be closed from
                                                          22 March 2028 to 31 March 2028 or 10
                                                          (ten) days prior to any Payment Day


Last Day to Register                                      the last Business Day immediately
                                                          preceding the commencement of the
                                                          Books Closed Period

Interest Payment Dates                                    N/A


Business Day Convention                                   Following Business Day

JSE Stock Code                                            IVC248

ISIN                                                      ZAG000195330


Aggregate Nominal Amount of Notes Outstanding             ZAR11,063,984,752 (eleven billion
under the Programme after this issuance                   sixty three million nine hundred eighty
                                                          four thousand seven hundred and fifty
                                                          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: 3 April 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.