Investec Bank Plc US$600 Million Term Loan Facility

Leading international bank and wealth manager Investec Bank plc (“Investec” or the “Borrower”)  announces the successful closing of a US$600,000,000 Term Loan Facility (the “Facility”) on Thursday 26 June 2025.  Bank of America Europe DAC, Mizuho Bank, Ltd., Standard Chartered Bank and Sumitomo Mitsui Banking Corporation, London Branch, 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$450,000,000 syndicated term loan facility signed on 3rd July 2023.

The Facility was initially launched at US$300,000,000 and achieved oversubscription in excess of three times the launch amount. Commitments were scaled back and the significant market demand further allowed the deal to be increased, closing at US$600,000,000. 

A total of 33 banks committed to the transaction from across North America, Europe, the Middle East, Africa and Asia. 

The success of the deal highlights the international syndicated loan market’s continued support for Investec. Investec was able to reduce pricing and build a strong orderbook further demonstrating the appeal of the transaction to lenders. 

FACILITY

Details of the facility

Borrower: Investec Bank Plc

Facility Amount: US$600,000,000

Purpose: General corporate purposes

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

LENDERS

Coordinators, Bookrunners and Mandated Lead Arrangers:

Bank of America Europea DAC

Mizuho Bank, Ltd.

Sumitomo Mitsui Banking Corporation, London Branch

Standard Chartered Bank

Mandated Lead Arrangers:

Bank of China Limited, London Branch

Bank of China Limited, Johannesburg Branch

China Construction Bank (Asia) Corporation Limited

State Bank of India, London Branch

The Korea Development Bank, London Branch

Bank of Communication Co., Ltd. London Branch  

Banco Bilbao Vizcaya Argentaria, S.A., London Branch

Citibank, N.A. London Branch

Commerzbank Aktiengesellschaft

DOHA BANK Q.P.S.C.

DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main

HSBC Bank plc

Industrial and Commercial Bank of China Limited London Branch

ING Bank N.V.

JPMorgan Chase Bank, N.A., London Branch

Landesbank Baden-Württemberg

Lloyds Bank Capital Markets plc

Morgan Stanley Bank, N.A.

Banco Santander S.A., London Branch

Shanghai Pudong Development Bank Co., Ltd. London Branch

The Gunma Bank, Ltd.

Wells Fargo Bank, National Association, London Branch

Lead Arrangers:

AfrAsia Bank Limited

Bank of Taiwan London Branch

First Commercial Bank London Branch

Mega International Commercial Bank., Co Ltd, London Branch

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

CTBC Bank Co., Ltd.

Erste Group Bank AG

Banco Cooperativo Español, S.A.

For any further transaction enquiries, please contact:

Name:              Stephen Matthysen, Global Head: Financial Institutions Group

Telephone:      T: +27 11 286 9489 / M :+27 82 441 1698

Email:              stephen.matthysen@investec.com

Name:              Derek Lloyd, Bank Funding Group, Investec Bank plc

Telephone:      T: +44 20 7597 2945

Email:              Derek.Lloyd@investec.com