Bond Volksfinance AG 2.548% ( XS1417318588 ) in EUR

Volksfinance AG

100 % ⇌

Germany

XS1417318588 ( in EUR )

2.548% per year ( payment 12 times a year)

24/03/2030

Prospectus brochure of the bond Volkswagen Financial Services AG XS1417318588 en EUR 2.548%, maturity 24/03/2030

25/03/2026 ( In 266 days )

Volkswagen Financial Services AG is a global financial services company providing financing, leasing, and insurance products for Volkswagen Group vehicles and related mobility services.

Volkswagen Financial Services AG has issued a EUR-denominated bond (XS1417318588) with a 2.548% coupon, maturing on March 24, 2030, currently trading at 100% of par value and paying interest semi-annually.

FINAL TERMS
18 November 2016
VCL MASTER NETHERLANDS B.V.
(a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated
under the laws of the Netherlands with its statutory seat in Amsterdam)
as Issuer
for the issuance of the
EUR 1,700,000 Class B Series 2016-1 Notes
(to be consolidated and form a single Series with the EUR 21,800,000 Class B Series 2016-1 Notes already
outstanding)
issued pursuant to the
EUR 1,000,000,000 Programme for the Issuance of Notes
These Final Terms are issued to give details of an issue of Class B Notes by VCL Master Netherlands B.V.
under the EUR 1,000,000,000 programme for the issuance of Notes (the "Programme"). The Final Terms
attached to the Base Prospectus dated 26 May 2016 are presented in the form of a separate document containing
only the final terms according to Article 26 para. 5 subpara. 2 of the Commission's Regulation (EC) No
809/2004 of 29 April 2004. The Base Prospectus and the Final Terms have been published on the website of the
Luxembourg Stock Exchange (www.bourse.lu).
The Final Terms of the Series 2016-1 Class B Notes must be read in conjunction with the Base Prospectus. Full
information on the Issuer and the offer of the Series 2016-1 Class B Notes is only available on the basis of the
combination of these Final Terms and the Base Prospectus. Capitalised terms not otherwise defined herein shall
have the meaning specified in the Conditions of the Class B Notes. All references in these Final Terms to
numbered Conditions are to be read as reference to the respective Conditions of the Class B Notes.

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1.
Issue Price:
100 per cent. of the Nominal Amount
2.
Further Issue Date (Condition 8 (a)):
25 November 2016
3.
Class B Series Number:
2016-1

Tranche Number:
4
4.
Nominal amount:
EUR 1,700,000
5.
Aggregate Nominal Amount of Series 2016-1 Class B Notes
EUR 23,500,000
(including the Notes subject of these Final Terms):
6.
Series 2016-1 Class B Notes Interest Rate:
EURIBOR rate for one month Euro
deposits plus the Margin as set out in
Condition 8 (c)

Series 2016-1 Class B Notes Factor (Condition 7 (c))
shall be calculated as follows:

23,500,000- KR
NF = ------------------------
23,500,000
whereby NF means the Series 2016-1
Class B Notes Factor which is
calculated to six decimal places
KR means the total of all repayments of
the nominal amount of all Series 2016-1
Class B Notes paid and contained
respectively in each payment up to each
respective
Payment
Date.
The
calculation of the Note Factor is
described in the relevant definition.

Amount on which interest is to be paid on the first Payment EUR 23,500,000
Date (Condition 9 (a)):
7.
Margin (Condition 8 (c)):
1.35 per cent. per annum
8.
First occurring Payment Date with respect to the Series 28 December 2016
2016-1 Class B Notes:
9.
Series 2016-1 Revolving Period Expiration Date:
Payment Date falling in May 2017 (or
as
extended
in
accordance
with
Condition 9 (c))
10.
Series 2016-1 Class B Scheduled Repayment Date (Condition Payment Date falling in May 2023 (or

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FRADMS #1087270-v4

9 (c)):
as
extended
in
accordance
with
Condition 9 (c) as a consequence of the
extension of the Series 2016-1 Class B
Revolving Period Expiration Date)
11.
Series 2016-1 Class B Final Maturity Date (Condition 9 (c)):
25 November 2024 (or as extended in
accordance with Condition 9 (c) as a
consequence of the extension of the
Series 2016-1 Class B Revolving
Period Expiration Date)
12.
Settlement information:
delivery free of payment
13.
Intended to be held in a manner which would allow Yes. Note that the designation "yes"
Eurosystem eligibility:
simply means that the Notes are
intended upon issue to be deposited
with one of the ICSDs as common
safekeeper and registered in the name
of a nominee of one of the ICSDs
acting as common safekeeper, and does
not necessarily mean that the Notes will
be recognized as eligible collateral for
Eurosystem monetary policy and intra
day credit operations by the Eurosystem
either upon issue or at any or all times
during their life. Such recognition will
depend upon the ECB being satisfied
that Eurosystem eligibility criteria have
been met.

14.

Clearing Codes:

- ISIN Code
XS1417318588

- Common Code
141731858
15.
Admission to trading and total expenses:
Application has been made for the
Series 2016-1 Class B Notes subject of
these Final Terms to be admitted to
trading on the regulated market of the
Luxembourg Stock Exchange with
effect from 25 November 2016. The
total expenses related to the admission
to trading will amount to EUR 2,920.

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UPDATED PORTFOLIO DATA AS OCTOBER 2016

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