TIDM96BO

RNS Number : 7626V

J.P. Morgan Securities PLC.

07 November 2017

07Nov2017

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Japan Bank for International Cooperation (JBIC)

Pre-stabilisation Period Announcement

J.P. Morgan Securities plc, (contact: Emma Lovett 0207 134 2468) hereby gives notice, as Stabilisation Coordinator, that the Stabilising Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/xxx/2016 under the Market Abuse Regulation (EU/596/2016).

 
 The securities: 
----------------------------------------------------------------------- 
 Issuer:                      Japan Bank for International 
                               Cooperation (JBIC) 
---------------------------  ------------------------------------------ 
 Guarantor (if                Unconditionally and irrevocably 
  any):                        guaranteed by Japan 
---------------------------  ------------------------------------------ 
 Aggregate nominal            3Y FXD - US$ 1.5bn (no grow) 
  amount:                      5Y FXD - US$ 1.5bn (no grow) 
                               10Y FXD - US$ 1.5bn (no grow) 
---------------------------  ------------------------------------------ 
 Description:                 3Y USD FXD maturing 16 Nov 2020 
                               5Y USD FXD maturing 16 Nov 2022 
                               10Y USD FXD maturing 16 Nov 
                               2027 
                               Luxembourg Euro MTF (Application 
                               made) listing 
---------------------------  ------------------------------------------ 
 Offer price:                 TBD 
---------------------------  ------------------------------------------ 
 Other offer                  Denoms: US$200k x US$2k 
  terms: 
---------------------------  ------------------------------------------ 
 Stabilisation: 
----------------------------------------------------------------------- 
 Stabilisation                J.P. Morgan Securities plc (Stabilisation 
  Manager(s):                  coordinator) 
                               Barclays (Stabilisation Manager(s)) 
                               Daiwa (Stabilisation Manager(s)) 
                               GSI (Stabilisation Manager(s)) 
---------------------------  ------------------------------------------ 
 Stabilisation                07Nov17 
  period expected 
  to start on: 
---------------------------  ------------------------------------------ 
 Stabilisation                07Dec17 
  period expected 
  to end no later 
  than: 
---------------------------  ------------------------------------------ 
 Existence, maximum           The Stabilisation Manager(s) 
  size and conditions          may over-allot the securities 
  of use of over--allotment    in an amount not exceeding 5% 
  facility:                    of the aggregate nominal amount 
                               stated above. 
---------------------------  ------------------------------------------ 
 Stabilisation                Over the counter, TBC 
  trading venue: 
---------------------------  ------------------------------------------

In connection with the offer of the above securities, the Stabilising Manager(s), or persons acting on behalf of the Stabilising Manager(s) may over-allot the securities, provided that the aggregate principal amount of the securities allotted does not exceed 105 percent of the aggregate principal amount of the securities, or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time, but it must end no later than the earlier of 30 days after the issue date of the securities and 60 days after the date of allotment of the securities.

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that in that Member State

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 07, 2017 03:35 ET (08:35 GMT)

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