Obligation ?eskoslovenská obchodná banka, a. s 0% ( SK4000024378 ) en EUR

?eskoslovenská obchodná banka, a. s

100 % ⇌

Slovaquie

SK4000024378 ( en EUR )

14/12/2026 - Obligation échue

Prospectus brochure de l'obligation ?eskoslovenská obchodná banka, a. s SK4000024378 en EUR 0%, échue

600 000 000 EUR

?eskoslovenská obchodní banka, a.s. (?SOB) est une grande banque commerciale tchèque, filiale du groupe bancaire autrichien Erste Group.

L'obligation SK4000024378 émise par ?eskoslovenská obchodná banka, a.s., en euros (EUR) en Slovaquie, d'une valeur nominale totale de 600 000 000 EUR, avec un taux d'intérêt de 0%, échéant le 14/12/2026 et dont les paiements d'intérêts étaient effectués à une fréquence annuelle, a atteint sa maturité et a été intégralement remboursée au prix de 100%.

Internal

FINAL TERMS

12. December 2023

Ceskoslovenská obchodná banka, a. s.
Title of the Notes: Europsky kryty dlhopis (premiovy) CSOB SK 2026 I.
issued under the Debt Securities Issuance Programme
with the total principal amount of up to EUR 5,000,000,000 under the base prospectus
Total principal amount of the issue: 600 000 000 EUR
ISIN: SK4000024378

These Final Terms were prepared under 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), and to obtain complete information, they must
be assessed and construed in conjunction with the base prospectus dated on 20 November 2023 (the Prospectus) for the
issuance programme of debt securities, which will be continuously or repeatedly issued by Ceskoslovenská obchodná
banka, a. s. (the Issuer). The Prospectus and its supplements (if any) are available in Slovak language in the special
section of the Issuer's website https://www.csob.sk/o-nas/cenne-papiere/kryte-dlhopisy. The information regarding the
Issuer, the Notes and their offer is only complete in combination of these Final Terms and the Prospectus and its
supplements (if any).
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 No. z: 100-000-608-820 k c. sp.: NBS1-
000-091-569 dated 27 November 2023 that become valid and binding on 28 November 2023.
The risk factors related to the Issuer and the Notes are listed in clause 2 of the Prospectus "Risk Factors".
If the Final Terms are translated in another language and if there are any discrepancies between the Final Terms in Slovak
and the Final Terms translated into any other language, the Slovak language version of the Final Terms shall prevail.
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 (as
Distributor) should take into consideration the manufacturer 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 each manufacturer's target market assessment) and determining appropriate distribution channels.
UK MIFIR 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 only eligible counterparties as defined in the
FCA Handbook Conduct of Business Sourcebook (COBS), and professional clients, as defined in the Regulation (EU)
No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments as it
forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (UK MiFIR) 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 (as Distributor) should take into consideration the manufacturer target
market assessment; however, a Distributor subject to the FCA Handbook Product Intervention and Product Governance
Sourcebook (the UK MiFIR Product Governance Rules) is responsible for undertaking its own target market

Error! Unknown document property name.

Internal

assessment in respect of the Notes (by either adopting or refining each manufacturer's target market assessment) and
determining appropriate distribution channels.
Prohibition of Sales to Retail Investors in the European Economic Area
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 client (investor) in any Member State of the European Economic Area (EEA). Consequently,
no key information document required by Regulation (EU) No 1286/2014, as amended (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. 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 the 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); (ii) a customer within the meaning
of Directive (EU) 2016/97, as amended, where that customer would not qualify as a professional client as defined in point
(10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the Prospectus Regulation.
Prohibition of Sales to Retail Investors in the United Kingdom
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 client (investor) in the United Kingdom. For these purposes, a retail investor means a person
who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of the Commission Delegated Regulation
(EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (EUWA);
(ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (FSMA) and any
rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify
as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic
law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of the UK Prospectus Regulation.
Consequently no key information document required by Regulation (EU) No 1286/2014 as it forms part of UK domestic
law by virtue of the EUWA (the UK PRIIPs Regulation) for offering or selling the Notes or otherwise making them
available to retail investors in the United Kingdom has been prepared and therefore offering or selling the Notes or
otherwise making them available to any retail investor in the United Kingdom may be unlawful under the UK PRIIPs
Regulation.

Error! Unknown document property name.

Internal

PART A: PROVISIONS SUPPLEMENTING TERMS AND CONDITIONS OF THE NOTES
Clause 1: Basic information, form and manner of issue of the Notes
Type of Notes (1.1):
Covered Notes
ISIN (1.1):
SK4000024378
FISN (1.1):
Cesobcban/ZERO CPN BD 20261214
CFI (1.1):
DBZSFB
Common Code (1.1):
Not applicable.
Principal Amount (1.3):
100 000 EUR
Number of Securities (1.3)
6 000
Currency (1.4):
EUR
Name (1.5):
Europsky kryty dlhopis (premiovy) CSOB SK 2026 I.
Aggregate Amount (1.6):
600 000 000 EUR
Issuing in tranches or continuously (1.7):
Not applicable, the Bonds will be issued in a single issue without being
divided into tranches.
Issue Date (Issuance Commencement
14. December 2023
Date) (1.9):
Clause 4: Status of obligations
Status of obligations (4):
Obligations from the Covered Notes constitute direct, general, secured
(covered), 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 (covered),
unconditional and unsubordinated liabilities of the Issuer, present and
future, save for those obligations of the Issuer which may be stipulated
by mandatory provisions of law.
Clause 6: Interest of Notes
Determination of interest (6.1):
The Notes have no interest rate and their interest is determined as the
difference between the Principal Amount and their Issue Price. The
provisions of clause 6.2 to 6.5 nor any references to the interest or its
payment shall not in this case apply to the Notes.
Interest Payment Frequency (6.2):
Not applicable.
Interest Payment Date(s) (6.2):
Not applicable.
First Interest Payment Date (6.2):
Not applicable.
Convention (6.2):
Not applicable.
Screen page (6.4):
Not applicable.
Relevant value (6.4):
Not applicable.
Clause 7: Maturity of the Notes
Method of Redemption (7.1):
In a single instalment on 14. December 2026.
Repurchase (7.2):
The Notes acquired by the Issuer will not cease to exist and the Issuer
may keep and resell them.

Error! Unknown document property name.

Internal

Early redemption of the Notes decided
The Issuer may not, based on its decision, redeem the Notes early.
by the Issuer (7.3):
Early redemption of the Notes with target
Not applicable. The Notes do not have a target redemption upon reaching
redemption upon reaching the Target
a certain amount of interest.
Interest Amount (7.4):
Clause 8: Payment Terms and Conditions
Financial Centre (8.8):
Bratislava, TARGET 2
PART B:
PROVISIONS SUPPLEMENTING TRADING, CONDITIONS OF THE OFFER AND OTHER
INFORMATION
Clause 16: Admission to trading
Admission to trading:
The Issuer will submit an application to Burza cenných papierov v
Bratislave, a.s., with its registered seat at Vysoká 17, 811 06 Bratislava,
Slovak Republic, Identification No.: 00 604 054, for the admission of the
Notes to trading on its regulated market.
Estimated costs of the admission to
The Issuer estimates the costs associated with the request and admission
trading:
of the Notes to trading at 4 400 EUR.
Estimated net proceeds:
542 288 000 EUR
Clause 17: Conditions of the Offer
Type of Offer (17(a)):
in an offer which is not subject to the obligation to publish a prospectus
within and outside the Slovak Republic.
Form of Offer (17(a):
as a non-syndicated issue
Offer is addressed to (17(a):
eligible counterparties and qualified investors
Distribution method (17(b)):
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. No underwriting
agreement will be entered into due to the fact that the Issuer will
underwrite the entire issue of the Note.
Issue Price in % on issuance (17(c)):
90,418%
Issue Price for continuing offers (17(c)):
Not applicable.
Specification of the term of the offer,
Not applicable.
issue and settlement of continuously
issued Notes or subsequent tranches of
the Notes within the offer for which a
prospectus is not required (17(d)):
Information about the accrued interest
Not applicable.
(17(e)):
Yield to Maturity (17(f)):
Not applicable.
Prohibition of Sales to Retail Investors in
Applicable.
the European Economic Area (17(g)):

Error! Unknown document property name.

Internal

Prohibition of Sales to Retail Investors in
Applicable.
the United Kingdom (17(h)):
Clause 18: Additional Information
Stabilisation Manager (18(a)):
Not applicable. No Stabilisation Manager has been appointed in
connection with the issue of the Note.
Description of other interests (18(a)):
Not applicable.
Specific information relating to the Green
Not applicable.
Notes including the intended use of the
proceeds (18(b)):
Third party information and expert
Not applicable.
reports (18(c)):
Credit rating assigned to the Notes
It is expected that the Covered Notes will be rated Aaa by Moody's.
(18(d)):
Information on other advisors (18(e)):
Not applicable.

In Bratislava, on 12. December 2023.

_______________________________
_______________________________
Name: Daniel Kollár
Name: Marek Loula
Title: Chairman of the Board of Directors
Title: Member of the Board of Directors
Ceskoslovenská obchodná banka, a. s.
Ceskoslovenská obchodná banka, a. s.

Error! Unknown document property name.