Enhanced Investments - Financial Portal

New Financial Instrument Listing Announcement – IVC278

Published: 2023-10-12 14:15:35 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 – IVC278
Application has been made to the JSE Limited (“JSE”) for the listing of R150,000,000 (one hundred
and fifty million Rand) senior unsecured floating rate credit linked Notes (stock code IVC278), under
Investec Bank Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC278 Notes will be issued to Noteholders on the date of listing being with effect from
16 October 2023 commencement of trade.

Salient features of the IVC278 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                                                   16 October 2023

Nominal Amount per Note                                      R1,000,000

Interest Rate                                                ZAR-JIBAR-SAFEX with a Designated
                                                             Maturity of 3 (three) months plus a
                                                             margin of 162,5bps from the date
                                                             beginning on and including the Issue
                                                             Date to but excluding the Scheduled
                                                             Maturity Date
Scheduled Maturity Date                                      29 September 2026

Issue price per Note                                         100%

Final Redemption Amount per Note                             The outstanding Principal Amount per
                                                             Note (plus accrued unpaid interest, if
                                                             any, to the Scheduled Maturity Date)

Interest Commencement Date                                   Issue Date

Books Close Period                                           The Register will be closed from:
                                                             (i)     20 December to 29 December,
                                                                     20 March to 29 March,
                                                                     20 June to 29 June, and
                                                                     20 September to 29 September
                                                                     in each year (all dates inclusive)
                                                                     until the Applicable Redemption
                                                                     Date; or
                                                             (ii)    10 (ten) days prior to any
                                                                     Payment Day
Last Day to Register                                         19 December, 19 March, 19 June, and
                                                             19 September, 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 29 December, 29 March,
                                                          29 June, and 29 September in each
                                                          year 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 29 December 2023


Business Day Convention                                   Following Business Day

JSE Stock Code                                            IVC278

ISIN                                                      ZAG000200221

Aggregate Nominal Amount of Notes Outstanding             ZAR11,861,752,406 (eleven billion
under the Programme after this issuance                   eight hundred and sixty one million
                                                          seven hundred and fifty two thousand
                                                          four hundred and six 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: 12 October 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.