Obligation Slovenska Sporitelna a.s. 0.125% ( SK4000017190 ) en EUR

Slovenska Sporitelna a.s.

100 % ⇌

Slovaquie

SK4000017190 ( en EUR )

0.125% par an ( paiement annuel )

15/11/2027 - Obligation échue

Prospectus brochure de l'obligation Slovenská Sporitelna AS SK4000017190 en EUR 0.125%, échue

Slovenská Sporite??a, a.s. est la plus grande banque de Slovaquie, filiale du groupe Erste Group.

L'Obligation émise par Slovenska Sporitelna a.s. ( Slovaquie ) , en EUR, avec le code ISIN SK4000017190, paye un coupon de 0.125% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 15/11/2027

INFORMATORY ENGLISH LANGUAGE TRANSLATION
FINAL TERMS (in Slovak: konecné podmienky)

14 May 2020

Slovenská sporitea, a.s.
Aggregate Amount of the Offer: EUR 500,000,000
Name of the Notes: Kryté dlhopisy SLSP 2027 I
issued under the Debt Securities Issuance Programme in accordance with the base prospectus dated 20
November 2019.
Issue Price: 100.00%
ISIN: SK4000017190
These Final Terms prepared for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of
the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or
admitted to trading on a regulated market, and repealing Directive 2003/71/EC (the Prospectus Regulation)
shall be assessed and construed in conjunction with the base prospectus (the Prospectus) to the debt securities
issuance programme, which will be continuously or repeatedly issued by Slovenská sporitea, a.s. (the Issuer)
and any amendment thereto in order to obtain all relevant information. 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 Section 2. of the Prospectus entitled "Risk Factors".
The Prospectus and any Prospectus Supplements are available in electronic form on the Issuer's website
www.slsp.sk/sk/investori/dlhopisy and/or www.slsp.sk/en/investors/bonds. 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(s).
The Prospectus was approved by the National Bank of Slovakia by its decision 100-000-204-599 / NBS1-000-
043-977 dated 26 November 2019. The Prospectus Supplement No. 1 was approved by the National Bank of
Slovakia by its decision 100-000-222-608 / NBS1-000-048-100 dated 9 March 2020. The Prospectus
Supplement No. 2 was approved by the National Bank of Slovakia by its decision 100-000-229-636 / NBS1-
000-049-447 dated 11 May 2020.
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.
MiFID II Product Governance / Eligible Counterparties and Professional Investors 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 Directive 2014/65/EU of the European Parliament and of the
Council of 15 May 2014 on markets in financial instruments, as amended (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
manufacturer's 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
manufacturer's target market assessment) and determining appropriate distribution channels.

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INFORMATORY ENGLISH LANGUAGE TRANSLATION
PART A: PROVISIONS SUPPLEMENTING TERMS AND CONDITIONS OF THE NOTES
This part of the Final Terms together with paragraph 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, Type and Manner of Issue of the Notes
Type of Notes:
Covered Notes
ISIN:
SK4000017190
FISN:
Slospo/0,125 BD 20271115
Common Code:

Depository:
Centrálny depozitár cenných papierov SR, a.s., with its
registered office at ul. 29. augusta 1/A, 814 80 Bratislava
Principal Amount:
EUR 100,000
Currency:
EUR
Name:
Kryté dlhopisy SLSP 2027 I
Aggregate Amount of the Issue:
EUR 500,000,000
Estimated Net Proceeds from the Issue:
EUR 500,000,000
Aggregate Amount of the Offer:
EUR 500,000,000
Issue Price in %:
100.00%
Information about the Accrued Interest:

Issue Date:
15 May 2020
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 its regulated free
market. Estimate of aggregate expenses regarding the
admission to trading: EUR 5,000.
9.1(b) Status of Obligations
Status of Obligations:
Obligations from the Notes constitute direct, general,
secured, unconditional and unsubordinated obligations 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 a mandatory provision 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 0.125% p. a. (the Interest Rate).
Yield to Maturity:
0.125% p.a.
Interest Payment Frequency:
annually
Interest Payment Date(s):
15 November (short first coupon)
First Interest Payment Date:
15 November 2020
Convention:
Act/Act ISDA
Screen Page:

Relevant Value:

9.1(e) Maturity of the Notes
Method of Redemption:
bullet
Maturity Date:
15 November 2027
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
The Issuer may not, on the basis of its decision, redeem
Issuer:
the Notes early.
Early Redemption of the Notes with Target
The Notes do not have a target redemption upon reaching
Redemption upon Reaching the Target Interest
a certain amount of interest.
Amount:
9.1(f) Payment Conditions
Financial Centre:
Bratislava, TARGET
9.1(h) Taxation
Gross-up:
The Issuer will not be obliged to pay any additional sums
to the recipient for the reimbursement of these
withholdings, taxes, levies or charges.

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INFORMATORY ENGLISH LANGUAGE TRANSLATION
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:
as a non-syndicated issue
Offer is Addressed to:
qualified investors
Offer Commencement Date:
14 May 2020
Offer Termination Date:
14 May 2020
Description of the Application Procedure:
The Notes will be subscribed solely by the Issuer.
Settlement Date:
15 May 2020
Minimum and Maximum Amount of the Order:

Expenses Charged to Investors:
No expenses will be charged to investors with regard to
the subscription of the Notes.
Manner of Satisfying Orders:
The Notes will be subscribed solely by the Issuer.
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:
No Stabilisation Manager has been appointed in
connection with the issue of the Notes.
Description of other Interests:

Third-party Information and Experts' Reports:

Provisions Relating to Sustainable Notes

Including the Use of Proceeds:
Credit Rating Assigned to the Notes:
It is expected that the Notes will be rated Aaa by Moody's
Investors Service.
In Bratislava on 14 May 2020.

______________________
______________________
Róbert Herbec
Richard Kosecký
Proxy
Proxy
Slovenská sporitea, a.s.
Slovenská sporitea, a.s.

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