Obligation INMOBILIARIA COLONIAL S.A. 1.35% ( ES0239140017 ) en EUR

INMOBILIARIA COLONIAL S.A.

100 % ⇌

Espagne

ES0239140017 ( en EUR )

1.35% par an ( paiement annuel )

14/10/2028 - Obligation échue

Prospectus brochure de l'obligation INMOBILIARIA COLONIAL SOCIMI S.A ES0239140017 en EUR 1.35%, échue

100 000 EUR

500 000 000 EUR

INMOBILIARIA COLONIAL SOCIMI S.A. est une société espagnole d'investissement immobilier cotée en bourse, spécialisée dans l'acquisition, la gestion et la location de biens immobiliers principalement résidentiels en Espagne.

L'Obligation émise par INMOBILIARIA COLONIAL S.A. ( Espagne ) , en EUR, avec le code ISIN ES0239140017, paye un coupon de 1.35% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 14/10/2028

PROHIBITION OF SALES TO EEA RETAIL INVESTORS  The Notes are not intended to be offered, sold
or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor
in the European Economic Area ("EEA"). For these purposes, a retail investor means a person who is one (or
more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU ("MiFID II"); or (ii) a
customer within the meaning of Directive (EU) 2016/97 (the "Insurance Distribution Directive"), where that
customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.
Consequently no key information document required by Regulation (EU) No 1286/2014 (the "PRIIPs
Regulation") for offering or selling the Notes or otherwise making them available to retail investors in the EEA
has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail
investor in the EEA may be unlawful under the PRIIPs Regulation.
MiFID II Product Governance / Professional investors and ECPs only target market Solely for the purposes
of each manufacturer's product approval process, the target market assessment in respect of the Notes has led to
the conclusion that: (i) the target market for the Notes is eligible counterparties and professional clients only, each
as defined in MiFID II; and (ii) all channels for distribution of the Notes to eligible counterparties and professional
clients are appropriate. Any person subsequently offering, selling or recommending the Notes (a "distributor")
should take into consideration the manufacturers' target market assessment; however, a distributor subject to
MiFID II is responsible for undertaking its own target market assessment in respect of the Notes (by either
adopting or refining the manufacturers' target market assessment) and determining appropriate distribution
channels.
Final Terms dated 9 October 2020

Inmobiliaria Colonial, SOCIMI, S.A.
Issue of 500,000,000 1.350 per cent. Notes due October 2028
Legal Entity Identifier (LEI): 95980020140005007414
Euro Medium Term Note Programme
PART A CONTRACTUAL TERMS
Terms used below shall be deemed to be defined as such for the purposes of the Terms and Conditions of the
Book-entry Notes (the "Conditions") set forth in the Base Prospectus dated 19 December 2019 and the
supplement to the Base Prospectus dated 24 September 2020 which together constitute a base prospectus (the
"Base Prospectus") for the purposes of the Prospectus Regulation. This document constitutes the Final Terms of
the Notes described below for the purposes of the Prospectus Regulation and must be read in conjunction with the
Base Prospectus in order to obtain all the relevant information.
The Base Prospectus has been published on the website of the CNMV (www.cnmv.es) and the Issuer's website
(www.inmocolonial.com).
The expression "Prospectus Regulation" means Regulation (EU) 2017/1129.
In accordance with the Prospectus Regulation, no prospectus is required in connection with the issuance of the
Notes described below.
1.

(i)
Issuer:
Inmobiliaria Colonial, SOCIMI, S.A.
2.

(i)
Series Number:
6

(ii)
Tranche Number:
1

(iii)
Date on which the Notes become Not Applicable
fungible:

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3.

Specified Currency or Currencies:
Euro ("")
4.

Aggregate Nominal Amount:

(i)
Series:
500,000,000

(ii)
Tranche:
500,000,000

(iii)
Number of Notes:
5,000
5.

Issue Price:
99.609 per cent. of the Aggregate Nominal Amount
6.

(i)
Specified Denominations:
100,000

(ii)
Calculation Amount:
100,000
7.

(i)
Issue Date:
14 October 2020

(ii)
Interest Commencement Date:
Issue Date
8.

Maturity Date:
14 October 2028
9.
Interest Basis:
1.350 per cent. Fixed Rate (see paragraph 14 below)
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at their nominal amount.
11.

Change of Interest or
Not Applicable
Redemption/Payment Basis:
12.
Put/Call Options:
Put Event

Issuer Call

Residual Maturity Call Option

Substantial Purchase Event

(See paragraphs 17, 19, 20 and 21 below)
13.

Date Board approval for
Board approval dated 23 September 2020 and "Acta
issuance of Notes obtained:
de Decisiones" dated 9 October 2020
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.

Fixed Rate Note Provisions
Applicable

(i)
Rate of Interest:
1.350 per cent. per annum payable in arrear on each
Interest Payment Date

(ii)
Interest Payment Date(s):
14 October in each year

(iii)
Fixed Coupon Amount:
1,350 per Calculation Amount

(iv)
Broken Amount(s):
Not Applicable

(v)
Day Count Fraction:
Actual/Actual (ICMA)
15.

Floating Rate Note Provisions
Not Applicable
16.

Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION

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17.

Call Option
Applicable

(i)
Optional Redemption Date(s)
From (but excluding) the Issue Date to (and
(Call):
including) the Maturity Date

(ii)
Optional Redemption Amount(s) Make Whole Amount
(Call) of each Note:

(ii)
Make Whole Amount:
Applicable

(a)
Reference Bond:
DBR 0.25% 08/15/28 (ISIN: DE0001102457)

Redemption Margin:
0.30 per cent.

Financial Adviser:
As per Condition 2

Quotation Time:
As determined by the Financial Adviser

(b)
Discount Rate:
Not Applicable

(c)
Make Whole Exemption Not Applicable
Period:

(iii)
If redeemable in part:

(a)
Minimum Redemption
100,000
Amount:

(b)
Maximum Redemption
499,900,000
Amount

(iv)
Notice period:
Condition 10(c) applies
18.

Put Option
Not Applicable
19.

Put Event
Applicable
20.

Residual Maturity Call Option
Applicable
Date fixed for redemption:
As per Condition 10(d)
21.

Substantial Purchase Event
Applicable
22.

Final Redemption Amount of each Note
100,000 per Calculation Amount
23.

Early Redemption Amount (Tax)
100,000 per Calculation Amount
24.

Early Termination Amount
100,000 per Calculation Amount

GENERAL PROVISIONS APPLICABLE TO THE NOTES
25.

Form of Notes:
Book-entry notes (anotaciones en cuenta)
26.

Additional Financial Centre(s):
Not Applicable

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Signed on behalf of Inmobiliaria Colonial, SOCIMI, S.A.:

35033468Y
Firmado digitalmente por
35033468Y PEDRO

PEDRO VIÑOLAS VIÑOLAS (R:A28027399)
Fecha: 2020.10.09 13:19:30
By:
(R:A28027399)

.................................
+02'00'
...........
Duly authorised

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PART B OTHER INFORMATION
1.
LISTING AND ADMISSION TO

TRADING

(i)
Admission to Trading:
Application has been made by the Issuer (or on its behalf) for
the Notes to be admitted to trading on AIAF with effect from
or around 16 October 2020.
(ii) Estimate of total expenses related 15,400
to admission to trading:
2.
RATINGS

Ratings:
The Notes to be issued are expected to be rated:
Standard & Poor's: BBB+

According to Standard & Poor's rating system, a "BBB" credit
rating exhibits adequate protection parameters. However,
adverse economic conditions or changing circumstances are
more likely to weaken the obligor's capacity to meet its
financial commitments on the obligation. The ratings from
"AA" to "CCC" may be modified by the addition of a plus (+)
or minus (-) sign to show relative standing within the major
rating categories.
(source:
https://www.standardandpoors.com/en_EU/web/guest/article/-
/view/sourceId/504352)

Standard & Poor's is established in the EEA and registered
under Regulation (EU) No 1060/2009, as amended (the "CRA
Regulation").
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE/OFFER
Save for any fees payable to the Joint Bookrunners, so far as the Issuer is aware, no person involved in
the offer of the Notes has an interest material to the offer. The Joint Bookrunners and their affiliates
have engaged, and may in the future engage, in investment banking and/or commercial banking
transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course
of business.
4.
REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDS
Reasons for the offer:
See "Use of Proceeds" in the Base Prospectus

Estimated net proceeds:
495,995,000
5.
YIELD

Indication of yield:
1.402 per cent.
The yield is calculated at the Issue Date on the basis of the
Issue Price. It is not an indication of future yield

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6.
OPERATIONAL INFORMATION

ISIN:
ES0239140017

Common Code:
224432372

Any clearing system(s) other than
Not Applicable
Iberclear and the relevant
identification number(s):

Delivery:
Delivery against payment

Names and addresses of additional
Not Applicable
Paying Agent(s) (if any):

Relevant Benchmarks:
Not Applicable

Intended to be held in a manner
Yes. Note that the designation "yes" does not necessarily mean
which would allow Eurosystem
that the Notes will be recognised as eligible collateral for
eligibility:
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.
7.
DISTRIBUTION

(i) Method of Distribution:
Syndicated

(ii) If syndicated:

(A) Names of Joint Bookrunners: Global Coordinators and Joint Bookrunners
BNP Paribas
CaixaBank S.A.
Crédit Agricole Corporate and Investment Bank
Deutsche Bank Aktiengesellschaft
Natixis
Additional Joint Bookrunners
Banco de Sabadell, S.A.
Banco Bilbao Vizcaya Argentaria, S.A.
Bankinter, S.A.
Barclays Bank PLC
J.P. Morgan Securities plc
Mediobanca Banca di Credito Finanziario S.p.A.
Merrill Lynch International
Morgan Stanley & Co. International plc
NatWest Markets N.V.
Société Générale

(B) Stabilisation Manager(s), if
BNP Paribas
any:

(iii) If non-syndicated, name of
Not Applicable
Dealer:

(iv) U.S. Selling Restrictions:
Reg S Compliance Category 2

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