Investec Bank Limited US$500 Million Term Loan Facility

We are pleased to announce the successful closing of a US$500,000,000 Term Loan Facility (the "Facility") for Investec Bank Limited ("Investec" or the "Borrower") on 6th November 2023. Bank of America Europe DAC, Industrial and Commercial Bank of China Limited, London Branch, Mashreqbank PSC, Standard Chartered Bank and State Bank of India, Johannesburg acted as Coordinators, Bookrunners and Mandated Lead Arrangers for the Facility. Bank of America Europe DAC acted as Documentation Agent and Commerzbank Aktiengesellschaft. acts as Facility Agent. The proceeds of the loan are to be used for general corporate purposes, including the refinancing of the Borrower's US$600,000,000 syndicated term loan facility signed on 18th November 2021.

The Facility was initially launched at US$450,000,000 and achieved a substantial oversubscription over the launch amount. Commitments were scaled back and the significant market demand further allowed the deal to be increased, closing at US$500,000,000. A total of 24 banks committed to the transaction from across North America, Europe, the Middle East and Asia. The success of the deal highlights the international syndicated loan market's continued support for Investec. Competitive pricing and a single 2+1 year tranche further demonstrates the appeal of the transaction to lenders.

Details of the facility are as follows:

Borrower: Investec Bank Limited

Facility Amount: US$500,000,000

Purpose: General corporate purposes

Tenor: 2 years + 1 year extension at Borrower's option

LENDERS

Coordinators, Bookrunners and Mandated Lead Arrangers:

Industrial and Commercial Bank of China Limited, London Branch

State Bank of India, Johannesburg

Bank of America Europe DAC

Mashreqbank PSC

Standard Chartered Bank

Mandated Lead Arrangers:

Paris Branch, The Export-Import Bank of China

Union Bank of India

China Construction Bank Corporation, Johannesburg Branch

Bank of China Limited, Johannesburg Branch

Bank of China Limited, London Branch

China CITIC Bank Corporation Limited, London Branch

The National Bank of Ras Al Khaimah (P.S.C)

BNP Paribas

Citibank, N.A., Abu Dhabi Global Market Branch

Commerzbank Aktiengesellschaft

HSBC Bank Plc

JPMorgan Chase Bank, N.A., London Branch

Lloyds Bank Corporate Markets Plc

Mizuho Bank, Ltd., London Branch

Lead Arrangers:

Bank of Taiwan, South Africa Branch

Canara Bank (DIFC, Branch)

SMBC Bank International Plc

Wells Fargo Bank, N.A., London Branch

The Export-Import Bank of the Republic of China

Banque Misr, Dubai Branch

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