Enhanced Investments - Financial Portal

New Financial Instrument Listing Announcement – IVC289

Published: 2023-12-14 16:35:29 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 – IVC289

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 IVC289), under
Investec Bank Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC289 Notes will be issued to Noteholders on the date of listing being with effect from
18 December 2023 commencement of trade.

Salient features of the IVC289 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                                                   18 December 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 240bps from the date
                                                             beginning on and including the Issue
                                                             Date to but excluding the Scheduled
                                                             Maturity Date
Scheduled Maturity Date                                      18 December 2025

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)     9 March to 18 March, 9 June to
                                                                     18 June, 9 September to
                                                                     18 September and 9 December
                                                                     to 18 December 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                                         8 March, 8 June, 8 September and
                                                             8 December, 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      18    March,    18    June,
                                                          18 September and 18 December 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 18 March 2024


Business Day Convention                                   Following Business Day

JSE Stock Code                                            IVC289

ISIN                                                      ZAG000202193

Aggregate Nominal Amount of Notes Outstanding             ZAR12,908,252,406 (twelve billion nine
under the Programme after this issuance                   hundred and eight thousand two
                                                          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: 14 December 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.