Less Ads, More Data, More Tools Register for FREE

IN BRIEF: Investec launches GBP350 million tender offer for 2032 notes

Thu, 22nd Jan 2026 12:39

Investec PLC and Ltd - Sandton-based financial services company - Launches a cash tender offer to buy back up to the full GBP350.0 million outstanding of its 2.6% callable fixed rate resettable subordinated notes due 2032. Investec offers a purchase price of around 99% of principal, plus accrued interest, with any notes acquired to be cancelled. The group says the offer forms part of the proactive management and optimisation of its debt profile and capital base and is subject to supervisory consent and the issue of new notes.

Current stock price in London: 607.50 pence, up 2.5% on Thursday

12-month change: up 11%

Current PLC stock price in Johannesburg: ZAR131.99, up 2.2%

12-month change: up 6.1%

Current Ltd stock price in Johannesburg: ZAR131.54, up 1.4%

12-month change: up 6.3%

By Eva Castanedo, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Investec

Shares in this article

Related News

WINNERS & LOSERS: Howden's acquisition; B&M signals recovery on track
2 hours ago

WINNERS & LOSERS: Howden's acquisition; B&M signals recovery on track

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday.

Investec Chair Philip Hourquebie to bow out as succession kicks in
21 May 2026

Investec Chair Philip Hourquebie to bow out as succession kicks in

(Alliance News) - Investec PLC and Ltd on Thursday announced board succession plan, with its Chair Philip Hourquebie set to exit early in August.

Investec ramps up fight for wealthy clients in South Africa and UK
21 May 2026

Investec ramps up fight for wealthy clients in South Africa and UK

* Targets 122,000 new private banking clients by 2030