Obbligazione BRASIL BANCO S.A. 9% ( US05958AAL26 ) in USD

BRASIL BANCO S.A.

100.08 USD ⇌

Brasile

US05958AAL26 ( in USD )

9% per anno ( pagato 2 volte l'anno)

perpetue

Prospetto opuscolo dell'obbligazione Banco do Brasil S.A US05958AAL26 en USD 9%, scadenza perpetue

05958AAL2

18/12/2025 ( In 46 giorni )

Banco do Brasil S.A. è una banca pubblica brasiliana, una delle più grandi del paese e del Sud America, operante a livello nazionale e internazionale con servizi di investimento, finanziamento e gestione patrimoniale.

The Obbligazione issued by BRASIL BANCO S.A. ( Brazil ) , in USD, with the ISIN code US05958AAL26, pays a coupon of 9% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is perpetue

Document Outline

#1">Copy Of BdB Tier 1 Prelim OM ERed Disclaimer

#1">Copy Of BdB.Tier.1.Prelim.OM

#271">FinancialStatements

#271">FinancialStatements1
- #271">relatório_bb_brgaap_english_31032014 _uscmg comments sent to audit team -1
- #274">03 - financial statements (final) (20-05-2014)
- #282">kpmg comments - bdb - notes to dfs (20-05-2014 vers final)
#385">FinancialStatements2
- #385">82562-relatório_auditoria_dfs_bb_english_dez_2013 pdf_cliente
- #388">04 - financial statements
- #397">05 - notes
#521">F-Pages_2012

#1">Last Pages from Copy Of BdB.Tier.1.Prelim.OM

Copy Of BdB.Tier.1.Final.OM.pdf

#1">NOTICE TO NEW HAMPSHIRE RESIDENTS
#1">NOTICE TO RESIDENTS OF BRAZIL
#1">BB,Ž the Bank,Ž and Banco do BrasilŽ refer to Banco do Brasil S.A., a sociedade anônima organized under the laws of Brazil, unless the context otherwise requires.
#1">BBSeg IPOŽ refers to the initial public offering of common shares of BB Seguridade Participações S.A. by the Bank, which was completed on April 25, 2013.
#1">Banco MúltiploŽ refers to the banking operations at the branches of Banco do Brasil in Brazil and abroad (and not the operations of any affiliates, subsidiaries or other holdings of the Bank).
#1">BNDESPARŽ refers to BNDES Participações S.A.„BNDESPAR, a wholly owned corporation (subsidiária integral) incorporated under the laws of Brazil and controlled by Banco Nacional de Desenvolvimento Econômico e Social„BNDES.
#1">BrasilprevŽ refers to Brasilprev Seguros and Previdência S.A., an insurance and pension subsidiary of the Bank.
#1">BrazilŽ refers to the Federative Republic of Brazil.
#1">Central BankŽ or Central Bank of BrazilŽ refers to Banco Central do Brasil.
#1">EuroŽ refers to the single currency introduced at the start of the third stage of the European Economic and Monetary Union pursuant to the Treaty establishing the European Community, as amended.
#1">Federal GovernmentŽ refers to the federal government of Brazil.
#1">FINAMEŽ refers to the Agência Especial de Financiamento Industrial, a subsidiary of BNDES specialized in equipment financing.
#1">IssuerŽ refers to Banco do Brasil S.A., whether acting through its head office or through a specified office outside of Brazil, unless the context otherwise requires.
#1">Large CompaniesŽ and Corporate ClientsŽ refer to companies, credit cooperatives and associations with annual gross revenues greater than R$400.0 million for the industrial sector and R$600.0 million for the commercial and services sectors.
#1">Mid Sized CompaniesŽ refers to companies, credit cooperatives and associations with annual gross revenues between R$25.0 million and R$400.0 million for the industrial sector and between R$25.0 million and R$600.0 million for the commercial and ser...
#1">Parity FundŽ refers to the equal contributions to PREVI by public entities, such as the Bank, with sponsors and participants each contributing 50%, as required by the Brazilian constitution.
#1">PREVIŽ and Retirement and Pension PlanŽ refer to Caixa de Previdência dos Funcionários do Banco do Brasil, a closed ended complementary pension fund (entidade fechada de previdência complementar) incorporated under the laws of Brazil.
#1">real,Ž reaisŽ and R$Ž refer to the Brazilian real, the official currency of Brazil.
#1">Small CompaniesŽ refer to companies, credit cooperatives and associations with annual gross revenues less than R$25.0 million for the industrial, commercial and services sectors.
#1">United StatesŽ refers to the United States of America.
#1">U.S. dollar,Ž U.S. dollarsŽ and U.S.$Ž refer to U.S. dollars, the official currency of the United States.
#1">yenŽ and ¥Ž refer to Japanese yen, the official currency of Japan.
#1">general economic, political and business conditions, both in Brazil and abroad;
#1">managements expectations and estimates concerning the Banks future financial performance, financing plans and programs, and the effects of competition;
#1">the Banks level of capitalization and debt;
#1">anticipated trends and competition in the Brazilian banking and financial services industries;
#1">the market value of Brazilian government securities;
#1">interest rate fluctuations, inflation and the value of the real in relation to other currencies;
#1">existing and future governmental regulation and tax matters;
#1">increases in defaults by borrowers and other loan delinquencies and increases in the provision for loan losses;
#1">customer loss, revenue loss and deposit attrition;
#1">the Banks ability to sustain or improve performance;
#1">credit and other risks of lending and investment activities; and
#1">other risk factors as set forth under Risk Factors.Ž
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- #1">the amount of any such Non-Principal Payment exceeds the proceeds resulting from distributable profits and accumulated profit reserves available during the last Financial Period in accordance with art. 17, VI, of Resolution 4,192;
- #1">the Bank determines that it is, or if such Non-Principal Payment would result in it being, in non-compliance with the applicable capital adequacy or other requirements set out in Resolution 4,192, Resolution 4,193 and/or Resolution 2,099 or its fina...
- #1">the Central Bank or any applicable Governmental Authority restricts the distribution of dividends and other similar payments by the Bank, in which case the limitation on Non-Principal Payments will be made pro rata to any such restriction (which is ...
- #1">certain insolvency or liquidation events as described under Description of the Securities„SubordinationŽ occur; or
- #1">certain defaults as described under Description of the Securities„SubordinationŽ occur.
- #1">if the Bank discloses, in the manner required by the Central Bank or other Governmental Authority, that its Principal Capital (capital principal) is at a level lower than 5.125% of the risk-weighted assets of the Bank, calculated in accordance with ...
- #1">a commitment is executed for a public sector injection of capital to the Bank, pursuant to and in accordance with the terms of a specific written law, as established in Art. 28 of Brazilian Supplementary Law No. 101 dated May 4, 2000; or
- #1">the Central Bank (or other Governmental Authority charged with the responsibility to make such determinations), according to the criteria established in Resolution 4,279 or other regulations issued by the National Monetary Council, determines in wri...
- #1">have sufficient knowledge and experience to make a meaningful evaluation of the Securities, the merits and risks of investing in the Securities and the information contained or incorporated by reference in this offering memorandum or any applicable ...
- #1">have access to, and knowledge of, appropriate analytical tools to evaluate, in the context of its particular financial situation, an investment in the Securities and the impact the Securities will have on its overall investment portfolio;
- #1">have sufficient financial resources and liquidity to bear all of the risks of an investment in the Securities, including Securities with principal or interest payable in one or more currencies, or where the currency for principal or interest payment...
- #1">understand thoroughly the terms of the Securities and be familiar with the behavior of any relevant indices and financial markets; and
- #1">be able to evaluate possible scenarios for economic, interest rate and other factors that may affect its investment and its ability to bear the applicable risks.
- #1">all of the Banks Senior Liabilities have been paid in full, as described above in „The Banks obligations under the Securities will be subordinated to its Senior Liabilities, and to some Brazilian statutory obligations;Ž and
- #1">the Bank is actually wound up or otherwise dissolved for purposes of Brazilian law.
- #1">minimum capital requirements;
- #1">internal capital adequacy assessment processes…ICAAP
- #1">compulsory deposits and reserve requirements;
- #1">investment requirements in fixed assets;
- #1">lending limits and other credit restrictions;
- #1">accounting and statistical requirements;
- #1">price and salary controls;
- #1">tax policy and regulation; and
- #1">other requirements or limitations resulting from a global financial crisis.
- #1">execute certain functions and services as the financial agent of the National Treasury and other functions designated by law;
- #1">implement financial actions that are in the interest of the Federal Government and execute official government programs through Treasury funds or funds of any other nature; and
- #1">grant financial guarantees in favor of the Federal Government.
- #1">the possibility of overvaluing the target business, particularly if the business cannot supply the expected results, and, therefore, the investments may not deliver the expected returns;
- #1">the Bank could encounter problems with the integration of products, customer bases, services, technology, facilities and personnel, which may adversely affect or compromise the Banks internal controls, procedures and policies;
- #1">the possibility of financial and operating synergies expected from such acquisitions, takeovers and strategic joint ventures not being fully obtained, which may result in adverse effects on the Banks business, operational results and cash flow;
- #1">the Bank could incur liabilities or unexpected contingencies related to the target business or to the strategic joint ventures; and
- #1">as successor to the target companys business, the Bank could be held liable for the target companys liabilities, including those generated prior to the transaction, as well as be exposed to risks related to the acts of the target companys previou...
- #1">required use of local currency;
- #1">mandatory registration with the Central Bank;
- #1">required use of foreign exchange contracts; and
- #1">rules for foreign capital registration.
- #1">the extent of Brazils foreign currency reserves;
- #1">the availability of sufficient foreign exchange on the date a payment is due;
- #1">the size of Brazils debt service burden relative to the economy as a whole; and
- #1">any other political constraints to which Brazil may be subject.
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- #1">An increase of 8.0% in income from lending, mainly due to a R$857 million increase at Banco Múltiplo, the result of an increase in fees and volume of loans in the following business lines: (i) BB Giro (R$327 million), (ii) BB Giro Empresa Flex (R$24...
- #1">An increase of 42.7%, to R$712 million, in income from rural and agro-industrial lending, mainly due to increased rates and average balances;
- #1">An increase of 37.5%, to R$328 million, in income from equalization rates related to agricultural crops, mainly due to increased average balances;
- #1">An increase of 11.8%, to R$320 million, in income from financings, which resulted mainly from:
- #1">An increase of R$415 million in income from financings at Banco Votorantim due to increased financing activity, which was partially offset by expenses in the derivatives currency futures market related to currency hedging;
- #1">An increase of R$291 million in income from BB Capital de Giro, mainly due to increased rates and increases in working capital lending;
- #1">A decrease of R$232 million in income from loans by Banco Múltiplo for the purchase of goods and services due to the appreciation of the real against the Dollar (an appreciation of 3.5% in the three months ended March 31, 2014, compared to 1.5% for ...
- #1">A decrease of R$101 million in income from consumer credit (Crédito Direto ao Consumidor, or CDC) at Banco Múltiplo, particularly in consumer finance and auto loans, caused by lower average balances;
- #1">A decrease of R$46 million in income from BNDES onlending linked to the merchant navy fund (Fundo da Marinha Mercante) due to the appreciation of the real against the Dollar (an appreciation of 3.5% in the three months ended March 31, 2014, compared...
- #1">An increase of 92.5%, to R$256 million, in income from mortgage financing mainly due to the increase in average balances from BB Crédito Imobiliário;
- #1">An increase of 42.5%, to R$295 million, in the recovery of credits written off as losses;
- #1">An increase of 34.6%, to R$188 million, in income from discounted bills, mainly due to increased rates and average balances.
- #1">An increase by 68.6%, to R$2,686 million, in expenses from repurchase agreements, mainly due to increases in the TMS and an increase in average balances;
- #1">An increase by 240.7%, to R$1,270 million, in expenses from agribusiness letters of credit, mainly due to an increase in the CDI rate and an increase in average balances;
- #1">An increase by 18.6%, to R$806 million, in expenses from time deposits, which resulted mainly from:
- #1">An increase of R$484 million in expenses from judicial deposits at the Bank, mainly due to increases in the rate equivalent to the Brazilian reference rate for savings accounts (Taxa Referencial, or TRŽ) and an increase in average balances; and
- #1">An increase of R$303 million in expenses from time deposits at the Bank, mainly due to increased agreed rates;
- #1">An increase by 43.6%, to R$722 million, in expenses from savings deposits mainly due to increases in the TR and the TMS and average balances; and
- #1">An increase by 52.1%, to R$242 million, in expenses from LFs, mainly due to an increase in the CDI rate.
- #1">an increase of 15.6% (R$1,875 million) in income from financing activities mainly due to: (i) an increase of R$1,334 million in income from loans for the acquisition of goods, some of which are payable in U.S. dollars and were affected by the great...
- #1">an increase of 3.1% (R$1,188 million) in income from loans, mainly due to: (i) an increase of R$1,551 million in income from Banco Múltiplo mainly due to an increase in average balances from BB Giro (R$780 million), BB Giro Empresa Flex (R$521 mill...
- #1">an increase of 11.7% (R$803 million) in income from rural and agro-industrial financing mainly due to an increase in average balances;
- #1">an increase of 68.9% (R$588 million) in income from mortgage financing due to increases in average balances from BB Crédito Imobiliário;
- #1">an increase of 17.8% (R$602 million) in income due to an increase in equalization rates related to agricultural crops, mainly due to an increase in average balances;
- #1">an increase of 6.4% (R$155 million) in income from receivables (i) from Banco Múltiplo (R$111 million) as a result of an increase in interest rates, allowing the Bank to increase rates charged to its customers; and (ii) working capital raised abroad...
- #1">a decrease of R$829 million in income from Banco Votorantims financing activities, which was partially offset by an increase in income from derivatives;
- #1">a decrease of R$790 million in income from Banco Múltiplo mainly due to a decrease of R$396 million in income from loans to individuals and R$394 million in income from overdraft facilities as a result of the Banks continued loan strategy focused o...
- #1">a decrease of 8.5% (R$317 million) in the recovery of loans recorded as losses mainly due to a decrease in volume of loans recorded as losses as a result of the Banks strategy to focus on bullet loans; and
- #1">a decrease of R$45 million in income from Banco Votorantims lending activities.
- #1">an increase of R$274 million in revenue from foreign investments from (i) Banco Múltiplo (R$81 million) mainly due to the greater depreciation of the real relative to the U.S. dollar and euro; (ii) working capital raised abroad (R$140 million); and ...
- #1">an increase of R$101 million in income from foreign currencies financings mainly due to the greater depreciation of the real relative to the U.S. dollar and euro.
- #1">an increase of 228.6% (R$2,656 million) in expenses from agribusiness letters of credit, mainly due to increases in average balances;
- #1">an increase of 12.7% (R$2,141 million) in expenses from repurchase agreements, mainly due to an increase in average balances as a result of the greater depreciation of the real;
- #1">an increase of 11.8% (R$809 million) in expenses from saving account expenses mainly due to an increase in average balances;
- #1">an increase of 12.1% (R$833 million) in expenses from judicial deposits mainly due to an increase in average balances;
- #1">an increase of 55.7% (R$781 million) in expenses from LFs mainly due to an increase in average balances; and
- #1">an increase of 102.8% (R$697 million) in expenses from hybrid capital instruments and debt mainly due to: (i) an increase of R$333 million in expenses at Banco Múltiplo due to interest paid on funds obtained from the National Treasury applied to rur...
- #1">an increase of 9.8% (R$3,445 million) in income from lending activities, mainly due to: (i) a R$3,295 increase from Banco Multiplo in average balances, particularly with respect to consumer loans (R$2,801 million), BB Giro Empresa Flex (R$334 milli...
- #1">an increase of 9.1% (R$570 million) in income from rural and agro-industrial financings, mainly due to an increase of R$810 million in income from agribusiness letters of credit and R$180 million from Proger due to an increase in average balances. ...
- #1">an increase of 64.7% (R$335 million) in income from mortgage financing due to increases in average balances from BB Crédito Imobiliário;
- #1">an increase of 2.8% (R$104 million) in recovery of credits written off as losses, mainly due to an increase in credits recovered from Ativos S.A. (R$107 million); and
- #1">a decrease of 3.7% (R$457 million) in income from financing transactions, mainly due to a decrease of R$435 million in income from financing transactions from Banco Votorantim.
- #1">a decrease of 16.3% (R$2,046 million) in revenue from fixed income securities, of which R$2,331 million was from Banco Multiplo, due to a decrease in average balances and TMS rates (8.49% for the year ended December 31, 2012 as compared to 11.62% fo...
- #1">a decrease of 33.8% (R$842 million) in revenue from foreign investments due to exchange variations between the real and the U.S. dollar (appreciated 8.9% for the year ended December 31, 2012 as compared to 12.6% for the year ended December 31, 2011).
- #1">an increase of R$21,522 million in savings deposits, of which increase R$20,848 million related to individual savings accounts and R$674 million related to corporate savings accounts;
- #1">an increase of R$9,568 million in interbank deposits, principally deposits from foreign financial institutions (R$5,418 million), deposits linked to rural credit (R$2,115 million) and devaluation of the real against the U.S. dollar (R$1,601 million)...
- #1">an increase of R$3,361 million in demand deposits; and
- #1">a decrease of R$20,422 million in time deposits, due in part to the Banks strategy of diversifying its funding mix by encouraging new funding instruments, such as letters of credit for agribusiness (letras de crédito de agronegócio), or LCAs, and l...
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- #1">the creation of a holding company, Elo Participações,Ž to consolidate their electronic payment businesses. Elo Participações is 50.01% owned by Banco Bradesco and 49.99% owned by the Bank;
- #1">the launching of a Brazilian symbol for credit, debit and pre-paid card brand, named Elo, which is managed by Elo Serviços, controlled by Elo Participações; and
- #1">the integration of Ibi Promotora and Fidelity to CBSS, directly or indirectly, and of CBSS to Elo Participações.
- #1">Service Posts … which include advanced service points, banking service points and collection and payment points. Advanced service points corresponds to a point of service targeted at municipalities without banking services, they have reduced staff ...
- #1">Automated Service Posts … which include Automatic service points and self-service rooms. Automatic service points are a service structure that is completely automated. Self-service rooms are completely automated service facilities installed in the...
- #1">Banking Services;
- #1">Investments;
- #1">Asset Management;
- #1">Insurance, Pension and Financing;
- #1">Payment Services; and
- #1">Other Businesses.
- #1">Industrial. medium: R$10„R$90; large: R$90 or more.
- #1">Commercial. medium: R$15„R$150; large: R$150 or more.
- #1">Service. medium: R$15„R$150; large: R$150 or more.
- #1">Sale/Acquisition: transfer of an entity or public concession. These transactions can be structured as sale/acquisition of shares or transfer of assets/liabilities of the business entity.
- #1">Mergers/Consolidations: transactions in which one or more entities combine to form a new entity or entities or one or more entities are absorbed by another entity.
- #1">Asset Transfers and stock swaps: transactions which generally include transfer of assets and/or swap of shares of the entities involved.
- #1">Corporate restructuring: transactions which change the ownership structure of an entity.
- #1">The FENABAN Module corresponds to 45% of the basic compensation, subject to increase by a fixed amount defined in the agreement. Basic compensation includes the amount of compensation for different positions or jobs effectively held or performed du...
- #1">The BB Module is composed of two portions: (i) a fixed portion which corresponds to 4% of the Banks net income recorded in the semi-annual balance sheet, proportionally divided between employees (for purposes of determining the fixed portion, the ...
  - #1">a qualified institutional buyer, is aware that the sale of the Securities to it is being made in reliance on Rule 144A and is acquiring the Securities for its own account or for the account of a qualified institutional buyer; or
  - #1">not a U.S. person and is purchasing the Securities outside the United States in compliance with Regulation S.
  - #1">to the Bank;
  - #1">inside the United States to a qualified institutional buyer in compliance with Rule 144A;
  - #1">outside the United States to non-U.S. persons in offshore transactions in accordance with Rule 903 or Rule 904 of Regulation S;
  - #1">in a transaction complying with Rule 144 under the Securities Act (if available); or
  - #1">pursuant to an effective registration statement under the Securities Act,
  - #1">in each case in accordance with any applicable securities laws of any State of the United States and other jurisdictions. In addition, it will, and each subsequent holder is required to, notify any subsequent purchaser of those Securities from it o...
- #1">fulfills all formalities required for its enforceability under the laws of the country where the foreign judgment is granted;
- #1">is issued by a competent court in the jurisdiction where the judgment took place (i) after proper service on the parties, which must be made in accordance with the law where the foreign judgment took place and not contrary to the applicable Brazilia...
- #1">is final and not subject to appeal;
- #1">is authenticated by a Brazilian consular office in the country where the foreign judgment is issued (unless such authentication is expected by international treaties executed between Brazil and the country in which such competent court is located) a...
- #1">is not contrary to Brazilian national sovereignty, public policy, good morals or public morality (as set forth in Brazilian law), and does not contain any provision which for any reason would not be upheld by the courts of Brazil.
  - #1">F.