Investec Bank PLC Notice of Redemption following CDS Event (8841N)
28 September 2023 - 1:11AM
UK Regulatory
TIDMIM88
RNS Number : 8841N
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 GBP2,000,000,000 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: don.leitch@investec.co.uk
Telephone: +442075974000
Date: 27 September 2023
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END
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