Investec Bank PLC Issuer Call Option Exercise Notice

RNS Number : 6609U

Investec Bank PLC

24 January 2025

 

Investec Bank plc

Incorporated in England and Wales

Registration number: 489604

LEI: 84S0VF8TSMH0T6D4K848

 

NOTICE OF REDEMPTION OF THE SEK 20,000,000 FIXED RATE CREDIT LINKED NOTE DUE 2027

SERIES NUMBER 1082S

ISIN: XS2148047942

and

THE SEK 10,000,000 FIXED RATE CREDIT LINKED NOTE DUE 2027

SERIES NUMBER 1094S

ISIN:  XS2161024794

ISSUED BY INVESTEC BANK PLC (THE "ISSUER")
UNDER ITS £2,000,000,000 IMPALA BONDS PROGRAMME

(together, the "Notes")

The Issuer hereby gives notice to the Noteholders that following the receipt of a CDS Event Notice, the Notes shall be redeemed in accordance with Additional Term 4(c) (Redemption and Settlement following delivery of a CDS Event Notice).

Further to the above and in accordance with the Additional Terms of the Notes, the Issuer shall redeem all outstanding Notes in full on 24 January 2025 at the CDS Event Redemption Amount, together with any interest accrued up to and including the Interest Accrual Cessation Date ("Total Redemption Amount").

Following the payment by the Issuer of the Total Redemption Amount in respect of each Note, the Notes shall be redeemed in full and cancelled, and the Issuer shall have no further obligations to Noteholders in respect of the Notes.

Capitalised terms used and not defined herein have the same meanings as in the terms and conditions of the Notes set out in the trust deed dated 17 July 2019 relating to the Notes entered into between the Issuer and Deutsche Trustee Company Limited as trustee.

FURTHER INFORMATION

For further information, please contact:

Don Leitch

E-mail: [e-mail]

Telephone: [phone]

Date: 24 January 2025

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