Regulated information
Choice of Home Member State under the European Transparency Directive
The Council of Europe Development Bank has chosen the Grand Duchy of Luxembourg as home Member State and thus the "Commission de Surveillance du Secteur Financier" ("CSSF") as competent authority in terms of the Luxembourg Law of 11 January 2008 relating to the transparency obligations concerning information on issuers whose securities are admitted to trading on a regulated market and implementing the Transparency Directive 2004/109/EC (the "Law"), to the extent that the Law applies to a public international body of which at least one Member State of the European Union is a member, as it is the case for CEB.
A 7th capital increase for the CEB
The Council of Europe Development Bank’s Governing Board approved CEB’s 7th capital increase on 2 December 2022. The capital increase took effect on 29 February 2024 after the minimum subscription rate of 67% had been reached. The subscription period for the capital increase continued to run until 31 December 2024. By the end of the subscription period, 38 out of 42 eligible member states had subscribed to the capital increase, which corresponds to a subscription of 95.15% of the capital offered for subscription as part of this capital increase. As a consequence, CEB’s subscribed capital rose from approximately € 5.6 billion by € 4 billion (or 72%) to € 9.6 billion and the paid-in capital rose from approximately € 0.6 billion by € 1.1 billion (or 183%) to € 1.8 billion (all amounts have been rounded).
"Council of Europe Development Bank Flippable Bonds Linked to CMS Rates due 2025"
(ISIN IT0006596909)
Notice is hereby given to all the holders of the "Council Of Europe Development Bank Flippable Bonds Linked to CMS Rates due 2025" that with effect from the payment date of 17 October 2012 the issuer, Council of Europe Development Bank, will exercise the flip option in accordance with Article 6 of the Terms and Conditions of the bonds (Regolamento). As a consequence, from that date the bonds will bear interest at a floating rate equal to 6-month EURIBOR plus a spread of 0.25% payable semi-annually in arrear on 17 April and 17 October of each year until the Redemption Date.
A copy of the Terms and Conditions (Regolamento) is available to the public at the offices of the Issuer, Borsa Italiana and Citibank N.A., Milan branch.
Early Redemption of Notes issued under CEB’s EMTN Programme
Council of Europe Development Bank has decided to exercise the early redemption option contained in the Pricing Supplement dated 26 February 2002 and Conditions 6.2 and 6.3 of the Terms and Conditions of the Notes (Optional Early Redemption (Call)) in respect of its USD 20,000,000 6.185 per cent. Callable Notes due 2022 (ISIN XS0143409471, Series No. 316) with effect as of 27 February 2014. The Notes were listed on the Luxembourg Stock Exchange.