Registration: 144A/Reg S;

Israel Discount Bank Limited (IDBILI) exp A2/NR/A (issuer ratings A2/BBB+/A) US$800m 144a/Reg S (Cat 2) 5y sr notes due 1/26/28. 1mo par call. Tax changes call. Citi (B&D/GC)/Barc/Jeff joint books. Local distributor: Discount Capital. List Tel Aviv. Law: New York, except for waiver of set-off and ranking provisions governed by the laws of Israel. UOP: general liquidity management purposes. Marketing: https://www.netroadshow.com/nrs/home/#!/?show=4b6fdf9b | Deal entry code: IDB2023. Pricing 1/19. Settle 1/26 (T+5). IPTs: +220 area. Israel Discount Bank Limited, a leading full service financial institution in Israel, rated A2 (Stable) by Moody’s, BBB+ (Positive) by S&P and expected to be rated A (Stable) by Fitch, has mandated Citi as Global Coordinator and Joint Bookrunner and Barclays and Jefferies as Joint Bookrunners to arrange a series of fixed income investor calls commencing Tuesday 17 January, running through Wednesday 18 January. A 144A/RegS USD-denominated benchmark 5-year Senior Unsecured Notes offering is expected to follow, subject to market conditions. The Notes are expected to be rated A2 by Moody’s and A by Fitch. Citi will be coordinating logistics. Discount Capital will be acting as local distributor. Investor Presentation with Voiceover Recording available at:https://www.netroadshow.com/nrs/home/#!/?show=4b6fdf9b | Deal entry code: IDB2023

[ISRAEL DISCOUNT BANK]

Israel Discount Bank Limited (IDBILI) exp A2/NR/A (issuer ratings A2/BBB+/A) US$800m 144a/Reg S (Cat 2) 5y sr notes due 1/26/28. 1mo par call. Tax changes call. Citi (B&D/GC)/Barc/Jeff joint books. Local distributor: Discount Capital. List Tel Aviv. Law: New York, except for waiver of set-off and ranking provisions governed by the laws of Israel. UOP: general liquidity management purposes. Marketing: https://www.netroadshow.com/nrs/home/#!/?show=4b6fdf9b | Deal entry code: IDB2023. Pricing 1/19. Settle 1/26 (T+5).

IPTs: +220 area.
GUIDANCE: T+200 area.
FINAL PRICE GUIDANCE: T+190 area (+/- 5).
LAUNCHED: $800m 5y at T+190.

PRICED: $800m 5.375% 1/26/28 99.935 5.390% T+190.

This is the issuer’s debut in dollars so CONCESSION IS N/A.

We didn’t catch final books on this one.