Clearstream Banking1 wishes to inform customers that BlackRock (iShares) intends to convert its Irish-domiciled and Global Bearer Certificate Exchange-Traded Funds (ETFs) to the ICSD model in Common Depository structure, effective
20 June 2016
This fifth migration wave will consist of 30 ETFs issued under the iShares III umbrella with record date 17 June 2016 and effective date 20 June 2016.
Impact on customers
No action is required from customers for the conversion of the securities into the international ETF structure. However, depending on the customers’ current settlement arrangements, there may be actions for you to take. Please refer to the attached pdf document, which provides relevant details.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248.
