Obligation Intl Bk Renewal & Dev 8.3% ( XS1198022706 ) en TRY

Intl Bk Renewal & Dev

100 % ⇌

Etats-unis

XS1198022706 ( en TRY )

8.3% par an ( paiement annuel )

04/03/2022 - Obligation échue

Prospectus brochure de l'obligation Intl Bk Recon & Develop XS1198022706 en TRY 8.3%, échue

/

50 000 000 TRY

Intl Bk Recon & Develop est une société spécialisée dans la reconstruction et le développement bancaire, offrant des services d'expertise et de conseil pour la restructuration d'institutions financières en difficulté et le développement de nouvelles structures bancaires.

L'obligation de type XS1198022706, émise par l'International Bank for Reconstruction and Development (IBRD) ? une institution financière supranationale clé du Groupe de la Banque mondiale dédiée à la réduction de la pauvreté et au soutien du développement durable mondial par des prêts et des conseils ? et libellée en livres turques (TRY) pour un montant total d'émission de 50 000 000, offrait un taux d'intérêt annuel de 8,3% et, ayant son pays d'émission aux États-Unis, est arrivée à maturité le 4 mars 2022 et a été intégralement remboursée à sa valeur nominale de 100%, clôturant ainsi son cycle d'investissement.

Final Terms dated 5 September 2017
International Bank for Reconstruction and Development
Issue of TRY 50,000,000 8.25 per cent. Notes due 4 March 2022
(to be consolidated and form a single series with the existing
TRY 50,000,000 8.25 per cent. Notes due 4 March 2022, issued on 4 March 2015,
TRY 12,000,000 8.25 per cent. Notes due 4 March 2022, issued on 30 January 2017
TRY 13,000,000 8.25 per cent. Notes due 4 March 2022, issued on 27 February 2017,
TRY 25,000,000 8.25 per cent. Notes due 4 March 2022, issued on 11 May 2017,
TRY 50,000,000 8.25 per cent. Notes due 4 March 2022 issued on 23 June 2017,
TRY 25,000,000 8.25 per cent. Notes due 4 March 2022, issued on 30 June, 2017 and
TRY 75,000,000 8.25 per cent. Notes due 4 March 2022, issued on 17 August, 2017)
under the
Global Debt Issuance Facility
Terms used herein shall be deemed to be defined as such for the purposes of the terms and conditions
(the "Conditions") set forth in the Prospectus dated May 28, 2008. This document constitutes the Final
Terms of the Notes described herein and must be read in conjunction with such Prospectus.
SUMMARY OF THE NOTES
l . Issuer:
International Bank for Reconstruction and Development
("IBRD")
2. (i) Series Number:
11192
(ii) Tranche Number:
8
3. Specified Currency or Currencies
Turkish Lira ("TRY")
(Condition l(d)):
4. Aggregate Nominal Amount:
(i) Series:
TRY 300,000,000
(ii) Tranche:
TRY 50,000,000
5. (i) Issue Price:
92.825 per cent. of the Aggregate Nominal Amount of
this Tranche plus 188 days of accrued interest
(ii) Net Proceeds
TRY 48,537,157.53
6. Specified Denominations
TRY 1,000
(Condition l(b)):
7. (i) Issue Date:
8 September 2017
(ii) Interest Commencement Date
4 March 2017
(Condition 5(1)):
8. Maturity Date (Condition 6(a)):
4 March 2022
9. Interest Basis (Condition 5):
8.25 per cent. Fixed Rate
(further particulars specified below)
10. Redemption/Payment Basis
Redemption at par
(Condition 6):
11. Change oflnterest or
Not Applicable
Redemption/Payment Basis:
12. Call/Put Options (Condition 6):
None

13. Status of the Notes (Condition 3):
Unsecured and unsubordinated
14. Listing:
Luxembourg Stock Exchange
15. Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note Provisions
Applicable
(Condition 5(a)):
(i) Rate of Interest:
8.25 per cent. per annum payable annually in arrear
(ii) Interest Payment Date:
4 March each year, commencing 4 March 2018 to and
including the Maturity Date
(iii) Fixed Coupon Amount:
TRY 82.50 per Specified Denomination
(iv) Broken Amount(s):
Not Applicable
(v) Day Count Fraction:
Actual/ Actual (ICMA)
(vi) Other terms relating to the method of Not Applicable
calculating interest for Fixed Rate
Notes:
PROVISIONS RELATING TO REDEMPTION
17. Final Redemption Amount of each Note
TRY 1,000 per Specified Denomination
(Condition 6):
18. Early Redemption Amount
As set out in the Conditions
(Condition 6(c)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
19. Form ofNotes (Condition l (a)):
Registered Notes
Global Registered Certificate available on Issue Date
20. New Global Note:
No
21. Financial Centre(s) or other special
Istanbul, London and New York
provisions relating to payment dates
(Condition 7(h)):
22. Governing law (Condition 14):
English
23. Other final terms:
The first sentence of Condition 7 ( a)( ii) is hereby
replaced by the following: "Interest (which for the
purpose of this Condition 7(a) shall include all
Instalment Amounts other than final Instalment
Amounts) on Registered Notes shall be paid to the
person shown on the Register at the close of business on
the calendar day before the due date for payment thereof
(the "Record Date")."
DISTRIBUTION
24. (i) If syndicated, names of Managers and Not Applicable
underwriting commitments:
(ii) Stabilizing Manager(s) (if any):
Not Applicable
25. If non-syndicated, name of Dealer:
J.P. Morgan Securities plc
26. Total commission and concession:
Not Applicable
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2 7. Additional selling restrictions:
Turkey
The Dealer has acknowledged and understands that the
Notes have not been, and will not be, authorized by the
Turkish Capital Markets Board ("CMB") under the
provisions of Law No. 6362 of the Republic of Turkey
relating to capital markets. The Dealer has represented,
warranted and agreed that neither the Prospectus nor any
other material related to the offering of Notes will be
utilized in connection with any offering or sale to the
public within the Republic of Turkey for the purpose of
the sale of the Notes ( or beneficial interests therein)
without the prior approval of the CMB.
In addition, the Dealer has represented, warranted and
agreed that it has not sold or caused to be sold, and will
not sell or cause to be sold, outside Turkey the Notes (or
beneficial interests therein) to residents of Turkey, unless
such sale is authorized pursuant to Article 15(d)(ii) of
Decree No. 32 (as amended from time to time) and
applicable CMB regulations.
OPERATIONAL INFORMATION
28. ISIN Code:
XS! 198022706
29. Common Code:
119802270
30. Delivery:
Delivery against payment
31. Registrar and Transfer Agent (if any):
Citibank, N.A., London Branch
32. Intended to be held in a manner which
No
would allow Eurosystem eligibility:
GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 22 September 2016.
SPECIAL ACCOUNT
An amount equal to the net proceeds of the issue of the Notes will be credited to a special account that
will support IBRD's lending for Eligible Projects. So long as the Notes are outstanding and the special
account has a positive balance, periodically and at least at the end of every fiscal quarter, funds will be
deducted from the special account and added to IBRD's lending pool in an amount equal to all
disbursements from that pool made during such quarter in respect of Eligible Projects.
ELIGIBLE PROJECTS
"Eligible Projects" means all projects funded, in whole or in part, by IBRD that promote the transition
to low-carbon and climate resilient growth in the recipient country, as determined by IBRD. Eligible
Projects may include projects that target (a) mitigation of climate change, including investments in low
carbon and clean technology programs, such as energy efficiency and renewable energy programs and
projects ("Mitigation Projects") or (b) adaptation to climate change, including investments in climate
resilient growth ("Adaptation Projects").
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Examples of Mitigation Projects include, without limitation:
Rehabilitation of power plants and transmission facilities to reduce greenhouse gas emissions
Solar and wind installations
Funding for new technologies that permit significant reductions in GHG emissions
Greater efficiency in transportation, including fuel switching and mass transport
Waste management (methane emission) and construction of energy-efficient buildings
Carbon reduction through reforestation and avoided deforestation
Examples of Adaptation Projects include, without limitation:
Protection against flooding (including reforestation and watershed management)
Food security improvement and stress-resilient agricultural systems which slow down
deforestation
Sustainable forest management and avoided deforestation
The above examples of Mitigation Projects and Adaptation Projects are for illustrative purposes only
and no assurance can be provided that disbursements for projects with these specific characteristics will
be made by IBRD during the term of the Notes.
LISTING APPLICATION
These Final Terms comprise the final terms required for the admission to the Official List of the
Luxembourg Stock Exchange and to trading on the Luxembourg Stock Exchange's regulated market of
the Notes described herein issued pursuant to the Global Debt Issuance Facility of International Bank
for Reconstruction and Development.
RESPONSIBILITY
IBRD accepts responsibility for the information contained in these Final Terms.
Signed on behalf of IBRD:
By:
Name:
Title: Duly Authorized
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