Enhanced Investments - Financial Portal

New Financial Instrument Listing Announcement – IVC226

Published: 2022-08-31 14:10:46 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 – IVC226

Application has been made to the JSE Limited (“JSE”) for the listing of R205,000,000 (two
hundred and five million Rand) senior unsecured floating rate credit linked Notes (stock code
IVC226), under Investec Bank Limited’s Credit Linked Note Programme dated 17 March
2021.

The IVC226 Notes will be issued to Noteholders on the date of listing being with effect from
1 September 2022 commencement of trade.

Salient features of the IVC226 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                                               1 September 2022

Nominal Amount per Note                                  R1,000,000

Interest Rate                                            ZAR-JIBAR-SAFEX        with   a
                                                         Designated Maturity of 3 months
                                                         plus the Margin

Margin                                                   1.675% (one point six seven five
                                                         percent) from the date for the period
                                                         beginning on and including the
                                                         Issue Date to but excluding 1
                                                         September 2024; and
                                                         2.10% (two point ten percent) for the
                                                         period beginning on and including 1
                                                         September 2024 to but excluding 1
                                                         September 2027, the Scheduled
                                                         Maturity Date
Scheduled Maturity Date                                  1September 2027

Optional Redemption Date (Call)                          Applicable. 1 September 2024
Issue price per Note                                100%

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

Interest Commencement Date                          Issue Date

Books Close Period                                  From 23 August to 1 September, 22
                                                    November to 1 December, 20
                                                    February to 1 March and 23 May to
                                                    1 June (all dates inclusive) in each
                                                    year      until   the     Applicable
                                                    Redemption Date, or 10 (ten) days
                                                    prior to any Payment Day

Last Day to Register                                22 August, 21 November, 19
                                                    February and 22 May in 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                              Means 1 September, 1 December 1
                                                    March and 1 June 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 1 December
                                                    2022
Business Day Convention                             Following Business Day

JSE Stock Code                                      IVC226

ISIN                                                ZAG000189507

Aggregate Nominal Amount of Notes Outstanding       ZAR9,465,104,752 (nine billion four
under the Programme after this issuance             hundred and sixty five million one
                                                    hundred and 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: 31 August 2022
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.

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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.