Obligation Global Finance Corp 5.5% ( XS1793259265 ) en RUB

Global Finance Corp

100 % ▲

Etas-Unis

XS1793259265 ( en RUB )

5.5% par an ( paiement annuel )

20/03/2023 - Obligation échue

Prospectus brochure de l'obligation International Finance Corp XS1793259265 en RUB 5.5%, échue

100 000 RUB

5 000 000 000 RUB

La Société financière internationale (IFC), membre du Groupe de la Banque mondiale, est une institution de développement qui finance le secteur privé dans les marchés émergents et en développement afin de promouvoir la croissance économique et réduire la pauvreté.

Cet article se penche sur les caractéristiques et le statut d'une obligation spécifique, identifiée par le code ISIN XS1793259265, émise par l'International Finance Corporation (IFC). L'IFC, membre du Groupe de la Banque mondiale, est une institution financière internationale dont la mission est de promouvoir le développement durable du secteur privé dans les pays en développement et émergents par le biais d'investissements, de services de conseil et de gestion d'actifs. Cette émission particulière, domiciliée aux États-Unis, était une obligation libellée en roubles russes (RUB), totalisant un montant global de 5 000 000 000 RUB, avec une taille minimale d'acquisition fixée à 100 000 RUB par transaction. Elle offrait un taux d'intérêt fixe de 5,5%, avec une fréquence de paiement annuelle de ses coupons. Ayant atteint sa date d'échéance le 20 mars 2023, cette obligation a été intégralement remboursée à 100% de sa valeur nominale sur le marché, marquant ainsi la conclusion réussie de son cycle de vie financier.

MiFID II product governance / Retail investors, professional investors and ECPs target market: The
Corporation does not fall under the scope of application of the MiFID II package. Consequently, the
Corporation does not qualify as an "investment firm", "manufacturer" or "distributor" for the purposes of
MiFID II. 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, professional clients and retail clients, each as defined in MiFID II; and (ii) all
channels for distribution of the Notes 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. For the purposes of this provision, the
expression "manufacturer" means the Dealer and the expression MiFID II means Directive 2014/65/EU, as
amended.
Final Terms dated 16 March 2018

International Finance Corporation
Issue of RUB 1,000,000,000 5.50 per cent. Notes due 20 March 2023 under its
Global Medium-Term Note Program
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
Prospectus dated 3 June 2008. This document constitutes the Final Terms of the Notes described herein and
must be read in conjunction with the Prospectus. Full information on International Finance Corporation (the
"Corporation") and the offer of the Notes is only available on the basis of the combination of this Final
Terms and the Prospectus. The Prospectus may be obtained (without charge) from the office of the
Corporation at International Finance Corporation, 2121 Pennsylvania Avenue, N.W., Washington D.C.
20433 and is available for viewing at the website of the Corporation (www.ifc.org) and copies may be
obtained from the website of the Luxembourg Stock Exchange (www.bourse.lu).

THE NOTES ARE NOT AN OBLIGATION OF THE INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT OR OF ANY GOVERNMENT.
1
Is suer:
International Finance Corporation
2
(
i)
Series Number:
1885

(ii)
Tranche Number:
1
3

Specified Currency or Currencies:
The lawful currency of the Russian Federation ("Russian
Ruble" or "RUB")
4

Aggregate Nominal Amount:

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(i)
Series:
RUB 1,000,000,000

(ii)
Tranche:
RUB 1,000,000,000
5
Is sue Price:
100.775 per cent. of the Aggregate Nominal Amount
6
(
i)
Specified Denominations:
RUB 100,000

(ii)
Calculation Amount:
RUB 100,000
7
(
i)
Issue Date:
20 March 2018

(ii)
Interest Commencement Date:
Issue Date
8

Maturity Date:
20 March 2023
9
I
nterest Basis:
5.50 per cent. per annum Fixed Rate
(further particulars specified below)
10
R edemption/Payment Basis:
Redemption at par
11
C hange of Interest or
Not Applicable
Redemption/Payment Basis:
12
P ut/Call Options:
Not Applicable
13

Status of the Notes:
Senior
14

Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15

Fixed Rate Note Provisions:
Applicable

(i)
Rate of Interest:
5.50 per cent. per annum payable annually in arrear

(ii)
Interest Payment Dates:
20 March in each year from and including 20 March 2019
to and including the Maturity Date

(iii)
Fixed Coupon Amount(s):
RUB 5,500 per Calculation Amount

(iv)
Broken Amount(s):
Not Applicable

(v)
Day Count Fraction:
Actual/Actual (ICMA), unadjusted

(vi)
Determination Dates:
As specified in Condition 4(j)

(vii)
Other terms relating to the
Not Applicable
method of calculating interest
for Fixed Rate Notes:
16

Floating Rate Note Provisions:
Not Applicable
17
Z ero Coupon Note Provisions:
Not Applicable
18
I
ndex Linked Interest Note/other
Not Applicable
variable-linked interest Note Provisions:
19

Dual Currency Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
20
C all Option:
Not Applicable
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21
P ut Option:
Not Applicable
22

Final Redemption Amount of each Note:
RUB 5,500 per Calculation Amount
23
E arly Redemption Amount:

Early Redemption Amount(s) of each
RUB 5,500 per Calculation Amount
Note payable on redemption for taxation
reasons or on event of default or other
early redemption and/or the method of
calculating the same (if required or if
different from that set out in the
Conditions):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
24

Form of Notes:
Registered Notes:

Global Registered Certificate available on Issue Date
25

New Global Note (NGN):
No
26

Financial Centre(s) or other special
London, Moscow and New York
provisions relating to payment dates:
27
T alons for future Coupons or Receipts to No
be attached to Definitive Notes (and
dates on which such Talons mature):
28

Details relating to Partly Paid Notes:
Not Applicable
amount of each payment comprising the
Issue Price and date on which each
payment is to be made and consequences
(if any) of failure to pay, including any
right of the Corporation to forfeit the
Notes and interest due on late payment:
29

Details relating to instalment Notes:
Not Applicable
amount of each instalment, date on
which each payment is to be made:
30
R edenomination, renominalization and
Not Applicable
reconventioning provisions:
31
C onsolidation provisions:
Not Applicable
32
A dditional terms:
Applicable

(i)
Governing law:
English
DISTRIBUTION
33
( i)
If syndicated, names and
Not Applicable
addresses of Managers:

(ii)
Date of Terms Agreement:
16 March 2018

(iii)
Stabilizing Manager(s) (if any):
Not Applicable
34
If non-syndicated, name and address of
The Toronto-Dominion Bank
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Dealer:
60 Threadneedle Street
London EC2R 8AP
United Kingdom
35
T otal commission and concession:
1.875 per cent. of the Aggregate Nominal Amount
36
A dditional selling restrictions:
Russia
The Notes will not be offered, transferred or sold as part
of their initial distribution or at any time thereafter to or
for the benefit of any persons (including legal entities)
resident, incorporated, established or having their usual
residence in the Russian Federation or to any person
located within the territory of the Russian Federation,
unless to the extent otherwise permitted by the laws or
regulations of the Russian Federation.

RESPONSIBILITY
The Corporation accepts responsibility for the information contained in this Final Terms.
Signed on behalf of the Corporation:
By:

Duly authorized

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PART B OTHER INFORMATION
1
L ISTING

(i)
Listing:
Luxembourg

(ii)
Admission to trading:
Application has been made for the Notes to be admitted
to trading on the Luxembourg Stock Exchange's
Regulated Market with effect from 20 March 2018.

2

RATINGS

Ratings:
The Notes to be issued have been rated:

S & P: AAA
Moody's: Aaa
3
I
NTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save as discussed in "Plan of Distribution" in the Prospectus, so far as the Corporation is aware, no
person involved in the offer of the Notes has an interest material to the offer.
4

OPERATIONAL INFORMATION

Intended to be held in a manner which
No
would allow Eurosystem eligibility:

ISIN Code:
XS1793259265

Common Code:
179325926

Any clearing system(s) other than
Not Applicable
Euroclear Bank S.A./N.V., Clearstream
Banking, société anonyme and The
Depository Trust Company and the
relevant identification number(s):

Delivery:
Delivery against payment

Names and addresses of additional
Not Applicable
Paying Agent(s) (if any):
5

GENERAL

Applicable TEFRA exemption:
Not Applicable
6

CONFLICTS OF INTEREST
T he Toronto-Dominion Bank, Toronto ("TD") will be the Determination Agent under the Notes and
will also be the Issuer's counterparty in a related swap transaction entered into by the Issuer in order
to hedge its obligations under the Notes. The existence of such multiple roles and responsibilities for
TD creates possible conflicts of interest. For example, the amounts payable by TD to the Issuer under
the related swap transaction are expected, as of the Issue Date, to be calculated on the same basis as
the amounts payable by the Issuer under the Notes. As a result, the determinations made by TD in its
discretion as a Determination Agent for the Notes may affect the amounts payable by TD under the
related swap transaction, and, in making such determinations, TD may have economic interest adverse
to those of the Noteholders. Each Noteholder understands that although the Issuer will enter into the
related swap transaction with TD as swap counterparty in order to hedge its obligations under Notes,
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the Issuer's rights and obligations under the related swap transaction will be independent of its rights
and obligations under the Notes, and Noteholders will have no interest in the related swap transaction
or any payment to which the Issuer may be entitled thereunder.

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