Notice of Redemption following CDS Event

Investec Bank PLC

27 September 2023

 

Investec Bank plc

Incorporated in England and Wales

Registration number: 489604

LEI: 84S0VF8TSMH0T6D4K848

NOTICE OF REDEMPTION OF THE USD 2,000,000 FIXED RATE CREDIT LINKED NOTE DUE 2023

SERIES NUMBER 777

ISIN: XS1920465058

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

(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 28 September 2023 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 18 July 2018 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: 27 September 2023

 

END