Issuer Document
FINAL TERMS
Dated
(formerly
LEI: 213800X2UDCFSIYXXR28
(Incorporated and registered in Jersey under
the Companies (Jersey) Law 1991 (as amended) with registered number 103518)
(the ''Issuer'')
Programme for the Issue of
Issue of
4500
(the ''Collateralised Currency Securities'')
These Final Terms (as referred to in the Prospectus (the ''Prospectus'') dated
to the above Programme) relates to the issue of the
These Final Terms have been prepared for the purpose of 1) filing with a competent authority (within the meaning of the Prospectus Regulation) for the purpose of Article 8(4) of Prospectus Regulation and 2) the Prospectus Regulation Rules and must be read in conjunction with the Prospectus and any supplement, which are published in accordance with Article 21 of Prospectus Regulation and Rule PRR3.2 of the Prospectus Regulation Rules on the website of the Issuer: https://www.wisdomtree.eu/. In order to get the full information both the Prospectus (and any supplement) and these Final Terms must be read in conjunction. A summary of the individual issue is annexed to these Final Terms.
The particulars in relation to this issue of
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ISIN: |
JE00B68GRJ90 |
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Issue Date: |
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Class: |
WisdomTree Short GBP Long USD |
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Creation Price: |
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Aggregate Number of |
4500 |
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Collateralised Currency |
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Securities to which these |
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Final Terms apply: |
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Estimated net proceeds |
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of issue of the |
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Collateralised Currency |
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Securities to which these |
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Final Terms apply: |
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Maximum |
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number/amount of |
The aggregate Principal Amount of all US Dollar denominated |
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Collateralised Currency |
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Securities that may be |
these final terms) may not exceed |
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issued of the Class being |
by the Issuer in accordance with the Trust Instrument. |
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issued pursuant to these |
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Final Terms: |
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Exchange[s] on which |
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Collateralised Currency |
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Securities are admitted to |
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trading: |
* Please note that admission to the |
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the |
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Prospectus Regulation but are such offers and admission to trading for the purposes of |
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the |
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The amount or any |
Application Fees: £500, |
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expenses or taxes |
Management Fees: 0.39 %; |
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specifically charged to the |
Swap Fees 0.6 % |
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subscriber or purchaser: |
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Currency of the securities |
USD |
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issue: |
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Issuer Specific Summary |
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Section A - Introduction and warnings |
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1. |
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of |
WisdomTree Short GBP Long USD |
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Security: |
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2. |
ISIN: |
JE00B68GRJ90 |
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3. |
Issuer |
Ordnance House |
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Contact |
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Details: |
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Jersey JE4 8PW |
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Tel: +44 1534 825200 |
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https://www.wisdomtree.eu/ |
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LEI: 213800X2UDCFSIYXXR28 |
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4. |
Competent |
For |
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Authority: |
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Phone: +44 20 7066 1000 |
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For EU: CBI |
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Central |
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PO Box 559 |
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Phone: +353 1 2246000 |
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5. |
Warnings: |
• |
This summary should be read as an introduction to and in |
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conjunction with the base prospectus of WisdomTree Foreign |
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issue of |
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2022 (the "Prospectus"); |
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• |
Any decision to invest in the |
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should be based on consideration of the Prospectus as a whole by |
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the investor; |
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• |
Where a claim relating to the information contained in the |
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Prospectus is brought before a court, the plaintiff investor might, |
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under the national legislation of the member states, have to bear the |
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costs of translating the Prospectus before the legal proceedings are |
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initiated; |
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Civil liability attaches only to those persons who have tabled the |
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summary including any translation thereof, but only if the summary |
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is misleading, inaccurate or inconsistent when read together with |
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the other parts of the Prospectus or it does not provide, when read |
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together with the other parts of the Prospectus, key information in |
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order to aid investors when considering whether to invest in the |
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Section B - Key information on the Issuer
Who is the issuer of the securities?
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1. |
Domicile/Legal |
The Issuer is a public company incorporated and registered in Jersey |
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Form/Country |
under the Companies (Jersey) Law 1991 (as amended) with registered |
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number 103518. |
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of |
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Incorporation: |
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2. |
Principal |
The principal |
activity of the Issuer is issuing several classes of |
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Activities |
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Collateralised |
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Securities are designed to provide exposure to movements in indices |
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calculated and published by |
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movements in |
different exchange rates (the "Currency Indices" or |
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"MSFXSMIndices"). The Issuer gains exposure to the movements in |
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Currency Indices by entering into unfunded collateralised derivative |
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contracts (the "Currency Transactions"). Payments under Currency |
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Transactions vary (before any applicable fees) by reference to changes |
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to the Currency Indices. |
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backed by the collateral (the "Collateral") in accounts of the Issuer at The |
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governed by the terms of (i) a custody agreement between the Issuer |
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and BONY (the "Custody Agreement"); and (ii) a collateral |
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administration master agreement between the Issuer and BONY (the |
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"Collateral Administration Agreement") as supplemented by a |
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"Supplemental Agreement" between the Issuer and BONY. Any cash |
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received by the Issuer on the issue of |
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or under the terms of the Currency Transactions (which is not required to |
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make payments to Security Holders on redemption) is used to purchase |
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assets as collateral from MSIP (defined below) under the terms of an |
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agreement between the Issuer and MSIP dated |
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entitled "Global Master Repurchase Agreement" or "Repo". |
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3. |
Major |
The shares in the Issuer are held entirely by |
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shareholders |
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The shares in |
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Inc. The Issuer is neither directly or indirectly owned or controlled by any |
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other party to the programme. |
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4. |
Key managing |
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directors |
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5. |
Statutory |
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auditors |
Liberation House |
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Jersey JE1 1EY |
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What is the key financial information regarding the issuer?
Income statement for SPVs in relation to asset backed securities
Net Profit or loss
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USD |
USD |
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4,848,726 |
-4,392,945 |
Balance sheet for SPVs in relation to asset backed securities
Total assets
Total liabilities
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USD |
USD |
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330,407,346 |
457,952,055 |
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328,109,974 |
460,503,409 |
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Financial Assets designated at fair value through |
330,407,346 |
457,952,055 |
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profit or loss |
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Derivative financial assets |
nil |
nil |
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Non-financial assets if material to the |
Nil |
Nil |
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entity's business |
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Financial Liabilities designated at fair |
328,109,974 |
460,503,409 |
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value through profit or loss |
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Derivative financial liabilities |
Nil |
Nil |
What are the key risks that are specific to the issuer?
Investors in
The Issuer has been established as a special purpose vehicle for the purpose of issuing the
Although
At the date of this Prospectus, there is one Currency Transaction Counterparty (MSIP) which is the obligor.
There can be no assurance that MSIP, any other Currency Transaction Counterparty or any other entity will be able to fulfill their payment obligations under the relevant Currency Transactions, Facility Agreement, ISDA Master Agreement or Repo. Consequently, there can be no assurance that the Issuer will be able to redeem
Section C - Key information on the Securities
What are the main features of the securities?
1.
This is an excerpt of the original content. To continue reading it, access the original document here.
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