Bond Banque Internationale du Luxembourg 0% ( XS2110846693 ) in EUR

Banque Internationale du Luxembourg

100 % ⇌

Luxembourg

XS2110846693 ( in EUR )

03/02/2022 - Bond has expired

Prospectus brochure of the bond Banque Internationale a Luxembourg XS2110846693 in EUR 0%, expired

100 000 EUR

350 000 000 EUR

Banque Internationale à Luxembourg (BIL) is a leading universal bank in Luxembourg offering a wide range of financial products and services to individuals and businesses, both domestically and internationally.

The Bond issued by Banque Internationale du Luxembourg ( Luxembourg ) , in EUR, with the ISIN code XS2110846693, pays a coupon of 0% per year.
The coupons are paid 4 times per year and the Bond maturity is 03/02/2022

PROHIBITION OF SALES TO EEA RETAIL INVESTORS  The Notes are not intended to be offered, sold
or otherwise made available to and should not be offered, sold or otherwise made available to any retail
investor in the European Economic Area ("EEA"). For these purposes, a retail investor means a person who
is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as
amended, "MiFID II"); or (ii) a customer within the meaning of Directive 2002/92/EC (as amended, the
"Insurance Mediation Directive") where that customer would not qualify as a professional client as defined
in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the Prospectus Directive.
Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended, the
"PRIIPs Regulation") for offering or selling the Notes or otherwise making them available to retail investors
in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available
to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
MiFID II product governance / Professional investors and ECPs only target market Solely for the
purposes of the manufacturer's product approval process, the target market assessment in respect of the
Notes has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and
professional clients only, each as defined in MiFID II; and (ii) all channels for distribution of the Notes to
eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling
or recommending the Notes (a "distributor") should take into consideration the manufacturer's target market
assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market
assessment in respect of the Notes (by either adopting or refining the manufacturer's target market
assessment) and determining appropriate distribution channels.

Final Terms dated January 30, 2020

Banque Internationale à Luxembourg, société anonyme
(incorporated with limited liability in Luxembourg)
Legal entity identifier (LEI): 9CZ7TVMR36CYD5TZBS50

Issue of EUR 300,000,000 Floating Rate Notes due February 3, 2022
(Series Number: 4383-1)
under the 10,000,000,000
Programme for the issue of Euro Medium Term Notes and Warrants

Part A CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set
forth in the base prospectus dated June 28, 2019 and the supplements to it dated September 4, 2019 and
December 24, 2019 which together constitute a base prospectus for the purposes of the Prospectus
Directive (the "Base Prospectus"). This document constitutes the Final Terms of the Notes described
herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with
such Base Prospectus. Full information on the Issuer and the offer of the Notes is only available on the
basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus has been
published on (www.bil.com).
1.
(i)
Series Number:
4383
1

(ii)
Tranche Number:
1
(iii)
Date on which the Notes will be Not Applicable
consolidated and form a single Series:
2.
Specified Currency or Currencies:
Euro ("EUR")
3.
Aggregate Nominal Amount:

(i)
Series:
EUR 300,000,000

(ii)
Tranche
EUR 300,000,000
4.
Issue Price:
100.202 per cent. of the Aggregate Nominal
Amount
5.
(i)
Specified Denominations:
EUR 100,000
(ii)
Calculation Amount:
EUR 100,000
6.
(i)
Issue Date:
February 3, 2020
(ii)
Interest Commencement Date:
Issue Date
7.
Maturity Date:
February 3, 2022
8.
Interest Basis:
Three month Euribor

(further details specified below)
9.
Redemption Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100 per cent. of their nominal
amount
10.
Change of Interest Basis:
Not Applicable
11.
Put/Call Options:
Not Applicable
12.
(i)
Status of the Notes:
Senior Notes Condition 3(a) of the Terms and
Conditions of the Senior Notes and the Senior
Non Preferred Notes will apply
(ii)
Redemption upon occurrence of an Not Applicable
MREL Disqualification Event and
amounts payable on redemption
thereof:
(iii)
Restricted EOD Notes:
Applicable Condition 11(b) of the Terms and
Conditions of the Senior Notes and the Senior
Non Preferred Notes will apply

(iv)
Date Board approval for issuance of
Not Applicable
Notes obtained:

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

13.
Fixed Rate Note Provisions:
Not Applicable
14.
Reset Note Provisions:
Not Applicable
2

15.
Floating Rate Note Provisions:
Applicable
(Condition 5(b) in the Terms and Conditions
of the Senior Notes and the Senior Non
Preferred Notes)
(i)
Interest Period(s):
The period beginning on (and including) the Issue
Date and ending on (but excluding) the First
Specified Interest Payment Date and each
successive period beginning on (and including) a
Specified Interest Payment Date and ending on
(but excluding) the next succeeding Specified
Interest Payment Date.
(ii)
Specified Interest Payment Dates:
On or nearest to February 3, May 3, August 3 and
November 3 in each year commencing on the First
Interest Payment Date up to, and including, the
Maturity Date all subject to adjustment in
accordance with the Business Day Convention
specified below.
(iii)
First Interest Payment Date:
The Specified Interest Payment Date falling on or
nearest to May 3, 2020
(iv)
Interest Period Date:
Not Applicable
(v)
Business Day Convention:
Modified Following Business Day Convention
(vi)
Business Centre(s):
TARGET
(vii)
Manner in which the Rate(s) of Screen Rate Determination
Interest is/are to be determined:
(viii) Party responsible for calculating the Banque Internationale à Luxembourg SA
Rate(s) of Interest and Interest
Amount(s) (if not the Calculation
Agent):
(ix)
Screen Rate Determination:

Reference Rate:
Three month Euribor
Reference currency : EUR
Designated Maturity : 3 months

Interest Determination Date(s):
Two TARGET Business Days prior to the first day
in each Interest Period

Relevant Time:
11 a.m. Brussels time

Relevant Financial Centre:
Euro-zone

CMS Rate definitions:
None

Relevant Screen Page:
Reuters Page EURIBOR01

(x)
ISDA Determination:
Not Applicable
(xi)
Linear Interpolation:
Not Applicable
(xii)
Margin(s):
0.50 per cent. per annum
(xiii) Minimum Rate of Interest:
0.00 %
(xiv) Maximum Rate of Interest:
Not Applicable
3

(xv) Day Count Fraction:
ACT/360
(xvi) Adjustment of Rate of Interest:
Not Applicable

16.
Zero Coupon Note Provisions:
Not Applicable
17.
Range Accrual Notes Provisions:
Not Applicable
18.
Index Linked Interest Note Provisions
Not Applicable
19.
Equity Linked Interest Note Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION

20.
Index Linked Redemption Note Provisions
Not Applicable
21.
Equity Linked Redemption Note Provisions
Not Applicable
22.
Reverse Convertible Notes and Physical Not Applicable
Delivery:
23.
Issuer Call Option:
Not Applicable
24.
Investor Put Option:
Not Applicable
25.
Final Redemption Amount of each Note:
EUR 100,000 per Calculation Amount
(Condition 7(a), Condition 21, Condition 22
in the Terms and Conditions of the Senior
Notes and the Senior Non Preferred Notes)
26.
Early Redemption Amount:
As set out in the Terms and Conditions
(Condition 7(b), Condition 11, Condition 21,
Condition 22 in the Terms and Conditions of
the Senior Notes and the Senior Non
Preferred Notes)

GENERAL PROVISIONS APPLICABLE TO THE NOTES

27.
Form of Notes:
Bearer Notes

28.
New Global Note:
Yes

Temporary Global Note exchangeable for a
permanent Global Note which is exchangeable for
Definitive Notes in the limited circumstances
specified in the permanent Global Note.
29.
Additional Financial Centre(s):
TARGET

4

Part B OTHER INFORMATION

1.
LISTING AND ADMISSION TO TRADING
Admission to trading:
Application has been made for the Notes to be
admitted to trading on the regulated market of the
Luxembourg Stock Exchange and listing on an
official list of the Luxembourg Stock Exchange with
effect from February 3, 2020
Estimated expenses in relation to
EUR 1,900
the admission to trading:

2.
RATINGS

Ratings:
Not Applicable
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for the fees payable to the Dealers, so far as the Issuer is aware, no person involved in the
issue of the Notes has an interest material to the offer. The Dealer and its affiliates have engaged,
and may in the future engage, in investment banking and/or commercial banking transactions with,
and may perform other services for, the Issuer and its affiliates in the ordinary course of business.
4.
YIELD

Indication of yield:
Not Applicable
5.
HISTORIC INTEREST RATES
Details of historic Euribor rates can be obtained on
Bloomberg (EUR003M Index) and on Reuters
Page EURIBOR01.
6.
PERFORMANCE OF THE SHARE, EXPLANATION OF EFFECT ON VALUE OF INVESTMENT
AND ASSOCIATED RISKS AND OTHER INFORMATION CONCERNING THE SHARE
Not Applicable
7.
PERFORMANCE OF THE INDEX, EXPLANATION OF EFFECT ON VALUE OF INVESTMENT
AND ASSOCIATED RISKS AND OTHER INFORMATION CONCERNING THE INDEX
Not Applicable
8.
OPERATIONAL INFORMATION

ISIN Code:
XS2110846693
Common Code:
211084669
Any clearing system(s) other than Euroclear Not Applicable
and Clearstream Luxembourg and the
relevant identification number(s):
Delivery:
Delivery against of payment
Names and addresses of initial Paying
Banque Internationale à Luxembourg SA
Agents:
Names and addresses of additional Paying
Not Applicable
Agents (if any):

Calculation Agent:
Banque Internationale à Luxembourg SA
6

Intended to be held in a manner which
Yes. Note that the designation "yes" simply means
would allow Eurosystem eligibility:
that the Notes are intended upon issue to be
deposited with one of the ICSDs as common
safekeeper and does not necessarily mean that the
Notes will be recognised as eligible collateral for
Eurosystem monetary policy and intra-day credit
operations by the Eurosystem either upon issue or
at any or all times during their life. Such recognition
will depend upon the ECB being satisfied that
Eurosystem eligibility criteria have been met.

9.
DISTRIBUTION
(i)
Method of distribution:
Non-syndicated
(ii)
If syndicated, names and addresses Not Applicable
of
Managers
and
underwriting
commitments/quotas
(material
features):
(iii)
Date of Subscription Agreement:
Not Applicable
(iv)
Stabilisation Manager(s) (if any):
Not Applicable
(v)
If non-syndicated, name and address
Deutsche Bank AG, London Branch
of relevant Dealer:
Winchester House
1 Great Winchester Street
EC2N 2DB London
United Kingdom
(vi)
Total commission and concession:
Not Applicable
(vii)
U.S. Selling Restrictions and U.S.
Reg. S Compliance Category 2; TEFRA D. The
Federal Income Tax Considerations:
Notes are no Specified Notes for purposes of
Section 871(m) of the U.S. Internal Revenue Code
of 1986.
(viii) Prohibition of Sales to EEA Retail Applicable
Investors:
(ix)
Prohibition of Sales to Belgian Applicable
Consumers:

7