Obbligazione Slovenska Sporitelna a.s. 0.5% ( SK4120014812 ) in EUR

Slovenska Sporitelna a.s.

100 EUR ⇌

Slovacchia

SK4120014812 ( in EUR )

0.5% per anno ( pagato 1 volta l'anno)

05/12/2024 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione Slovenská Sporitelna AS SK4120014812 in EUR 0.5%, scaduta

Slovenská sporite??a AS è la più grande banca commerciale della Slovacchia, parte del gruppo Erste Group.

The Obbligazione issued by Slovenska Sporitelna a.s. ( Slovakia ) , in EUR, with the ISIN code SK4120014812, pays a coupon of 0.5% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 05/12/2024

INFORMATORY ENGLISH LANGUAGE TRANSLATION
FINAL TERMS

29 November 2018

Slovenská sporitea, a.s.
Aggregate Amount of the Offer: EUR 250 000 000
Name of the Notes: Kryté dlhopisy SLSP 2024 I
issued under the Debt Securities Issuance Programme in accordance with the base prospectus dated 25 July 2018.
Issue Price: 99.436%
ISIN: SK4120014812
These Final Terms were prepared for the purposes of Section 121(10) of the Securities Act and Article 5(4) of the
Prospectus Directive and in order to obtain comprehensive information, they must be read, considered and
interpreted in conjunction with the base prospectus (the Prospectus) of the Programme - the offering programme of
debt securities that are to be continuously or repeatedly issued by Slovenská sporitea, a.s. (the Issuer).
The Prospectus and any Prospectus Supplements are available in electronic form at the Issuer's website
www.slsp.sk. They are also available in written form for inspection at the Issuer's Balance Sheet Management
Department. The information regarding the Issuer and the Offer of the Notes is only complete when read in
conjunction with these Final Terms and the Prospectus and the relevant Prospectus Supplement. A Summary of the
Issue (if applicable) is attached to these Final Terms.
The Prospectus was approved by the National Bank of Slovakia by its decision 100-000-118-674 / NBS1-000-026-
956 dated 2 August 2018. The Prospectus Supplement No. 1 was approved by the National Bank of Slovakia by its
decision 100-000-126-192 / NBS1-000-028-368 dated 21 September 2018.
This part of the Final Terms, including the used defined terms, must be read in conjunction with the Common Terms
contained in the Prospectus. The risk factors related to the Issuer and the Notes are listed in the section of the
Prospectus entitled "Risk Factors".
If the Final Terms are translated into another language and there are any interpretation discrepancies between the
Final Terms in Slovak and the Final Terms translated into another language, the Slovak language version of the
Final Terms shall prevail.
In the event the Notes continue to be offered or re-offered after the expiration of the Prospectus, the relevant detailed
information will be available in the subsequent prospectus, and the still valid terms and conditions will be included
in the subsequent prospectus by reference. The subsequent prospectus will be published in the same way as the
Prospectus.
To obtain detailed information about the Notes, these Final Terms, the Prospectus and its Supplements (if any) must
be read together. The written form of the Prospectus, its possible supplements and other documents referred to in
these Final Terms or in the Prospectus may be freely inspected on request during ordinary business hours at the
Issuer's registered office where copies may be made free of charge.
MiFID II monitoring of the creation and distribution of a financial instrument / Eligible
Counterparties and Professional Clients Only Target Market
Solely for the purposes of its approval process, the Issuer as a manufacturer of a financial instrument by
examining the target market in respect of the Notes has assessed that: (i) the target market for the Notes is
eligible counterparties and professional clients only in accordance with Directive 2014/65/EU, as
amended (MiFID II) and (ii) all channels for distribution of the Notes to this market are appropriate.
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INFORMATORY ENGLISH LANGUAGE TRANSLATION
Any person who subsequently offers, sells or recommends the Notes (the Distributor) subjected to
MiFID II rules is responsible for carrying out its own analysis of the target market in respect of the Notes
(either by adopting or improving the target market assessment) and identifying their own appropriate
distribution channels. The Issuer will only be responsible as the manufacturer of the product in relation to
the offering of the Notes that it itself carries out.
The Notes are not intended to be offered, sold or otherwise made available and should not be
offered, sold or otherwise made available to any non-professional client (investor) in any Member
State of the European Economic Area.
PART A: PROVISIONS SUPPLEMENTING TERMS AND CONDITIONS OF THE NOTES
This part of the Final Terms together with section 9.1 (Information about securities) of the Common Terms shall
constitute the terms and conditions of the relevant issue of the Notes.
9.1(a) Basic information, form and manner of issue of the Notes
Type of Notes:
Covered Notes
ISIN:
SK4120014812
Depository:
Centrálny depozitár cenných papierov SR, a.s.,

ul. 29. augusta 1/A, 814 80 Bratislava
Principal Amount:
EUR 100 000
Currency:
EUR
Name:
Kryté dlhopisy SLSP 2024 I
Aggregate Amount of the Issue:
EUR 250 000 000
Estimated Net Proceeds from the Issue:
EUR 249 500 000
Aggregate Amount of the Offer:
EUR 250 000 000
Issue Price in %:
99.436%
Information about the accrued interest:
Not applicable.
Issue Date:
5 December 2018
Admission to trading:
The Issuer will submit an application to Burza cenných
papierov v Bratislave, a.s., with its registered office at
Vysoká 17, 811 06 Bratislava, ICO: 00 604 054, for the
admission of the Notes to trading on regulated free market.
9.1(b) Status of obligations
Status of obligations:
Obligations from the Covered Notes constitute direct,
general, secured, unconditional and unsubordinated
liabilities of the Issuer which rank pari passu among
themselves and always rank at least pari passu with any
other direct, general, similarly secured, unconditional and
unsubordinated obligations of the Issuer, present and
future, save for those obligations of the Issuer as may be
stipulated by mandatory provisions of law.
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INFORMATORY ENGLISH LANGUAGE TRANSLATION
9.1(d) Interest
Determination of interest:
The Notes bear a fixed interest rate throughout their life, in
the amount of 0.500% p. a. (the Interest Rate).
Yield to Maturity:
0.596% p.a.
Interest Payment Frequency:
annually
Interest Payment Date(s):
5 December
First Interest Payment Date:
5 December 2019
Convention:
Act/Act
Screen page:
Not applicable.
Relevant value:
Not applicable.
9.1(e) Maturity of the Notes
Method of Redemption:
bullet
Maturity Date:
5 December 2024
Repurchase:
The Issuer has the right to purchase any of the Notes on the
secondary market at any market price any time prior to the
Principal Amount Maturity Date. The Notes purchased by
the Issuer shall not cease to exist and the Issuer may keep
and resell them.
Early redemption of the Notes decided by the Not applicable. The Issuer may not, on the basis of its
Issuer:
decision, to redeem the Notes early.
Early redemption of the Notes with target Not applicable. The Notes do not have a target redemption
redemption upon reaching the Target Interest when reaching a certain amount of interest.
Amount:
9.1(f) Payment Terms and Conditions
Financial Centre:
Bratislava, TARGET
9.1(h) Taxation
Gross-up:
If such withholding or deduction is required by the laws of
the Slovak Republic, the Issuer will pay such additional
amounts to the Holder as will be necessary in order that the
net amount of the principal or interest received by the
Holders after such withholding or deduction will equal the
respective amounts which would otherwise have been
receivable in respect of the Notes in the absence of such
withholding or deduction (the Additional Amounts).
However, no such Additional Amounts will be payable on
account of any withheld or deduced tax which:
(i)
is payable by any person (including the Issuer)
acting as custodian bank or collecting agent on
behalf of a Holder, or by the Issuer if no custodian
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INFORMATORY ENGLISH LANGUAGE TRANSLATION
bank or collecting agent is appointed or otherwise
in any manner which does not constitute a
payment of tax by way of withholding or
deduction by the Issuer as tax payer;
(ii)
is payable by reason of the Holder having, or
having had, some personal or business connection
with the Slovak Republic;
(iii)
is withheld or deducted pursuant to: (A) any
European Union directive or other legal
instrument of the Union law concerning the
taxation of distributions income; or (B) any
international treaty relating to such taxation and to
which the Slovak Republic or the European Union
is a party; or (C) any provision of law
implementing, or complying with, such directive,
legal instrument or treaty;
(iv)
is payable by reason of a change in law that
becomes effective more than 30 days after the
relevant payment in respect of the Notes becomes
due; or
(v)
would not be payable if the Holder would provide
a certificate of residence, certificate of exemption
or any other similar documents required
according to the respective applicable regulations.
PART B: PROVISIONS SUPPLEMENTING CONDITIONS OF THE OFFER AND OTHER
INFORMATION
9.2 Conditions of the Offer
Type of Offer:
in an offer which is not subject to the obligation to publish
the Prospectus
Form of Offer:
through the Treasury department of the Issuer. For the
purposes of any potential subsequent sale of the Notes,
which is not subject to the obligation to publish the
Prospectus, any Distributor (i.e. any person subsequently
offering, selling or recommending the Notes) can use any
appropriate distribution channels taking into consideration
the target market determined by the Issuer as product
manufacturer.
Offer is addressed to:
qualified investors
Offer Commencement Date:
29 November 2018
Offer Termination Date:
29 November 2018
Description of the Application Procedure:
Applications should be made through the Treasury
department of the Issuer.
Settlement Date:
5 December 2018
Minimum and Maximum Amount of the Order:
Not applicable.
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INFORMATORY ENGLISH LANGUAGE TRANSLATION
Costs Charged to Investors:
Not applicable. No fees will be charged to investors with
regards to the subscription of the Notes.
Manner of Satisfying Orders:
based on the volume and time of placement of the order
and in accordance with the allocation policy of the Issuer,
the orders can be scaled back.
Distribution method:
No arrangements have been agreed on as regards the
subscription of the issue of the Notes with any entities on
the basis of a firm commitment, placement without firm
commitment or "best efforts" arrangement and the
distribution of the Notes is arranged by the Issuer.
9.3 Additional Information
Stabilisation Manager:
Not applicable. No Stabilisation Manager has been
appointed in connection with the issue of the Notes.
Description of other interests:
Not applicable.
Third Party Information:
Not applicable.
Credit Rating assigned to the Notes:
It is expected that the Notes will be rated Aaa by Moody's
Investors Service.
In Bratislava, on 29 November 2018.

______________________
______________________
Richard Kosecký
Róbert Herbec
Authorised Person
Authorised Person
Slovenská sporitea, a.s.
Slovenská sporitea, a.s.

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INFORMATORY ENGLISH LANGUAGE TRANSLATION

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