IPO - ISRAEL, STATE OF

Form Type: S-B

Filing Date: 2025-06-11

Corporate Action: Ipo

Type: New

Accession Number: 000110465925058592

Filing Summary: On June 11, 2025, the State of Israel filed a Registration Statement under Schedule B of the Securities Act of 1933 to offer up to U.S.$5,000,000,000 in aggregate principal amount of debt securities. These securities are intended to be offered on a delayed or continuous basis. The offer is to take place through the Development Corporation for Israel (DCI), with provisions for DCI to engage additional brokers and dealers as necessary. The registration includes previously registered debt securities under Registration Statement No. 333-257576, totaling $248,452,183. The bonds will be direct, unconditional obligations of Israel backed by its full faith and credit. Israel has never defaulted on its debt obligations. The net proceeds from this offering will be utilized for general purposes of the State, with an underwriting agreement established between Israel and DCI, detailing the terms and conditions for the sale of the bonds. The prospectus also incorporates information from the State’s prior filings with the SEC, and includes significant disclaimers regarding the offer's completeness and the accuracy of the information provided.