Obligation SveaBank AB 1% ( XS1617859464 ) en EUR

Société émettrice SveaBank AB
Prix sur le marché refresh price now   100 %  ▼ 
Pays  Suede
Code ISIN  XS1617859464 ( en EUR )
Coupon 1% par an ( paiement annuel )
Echéance 21/11/2027



Prospectus brochure de l'obligation Swedbank AB XS1617859464 en EUR 1%, échéance 21/11/2027


Montant Minimal 100 000 EUR
Montant de l'émission 650 000 000 EUR
Prochain Coupon 22/11/2026 ( Dans 342 jours )
Description détaillée Swedbank AB est une banque nordique offrant des services financiers aux particuliers et aux entreprises en Suède, en Lettonie, en Lituanie et en Estonie.

L'Obligation émise par SveaBank AB ( Suede ) , en EUR, avec le code ISIN XS1617859464, paye un coupon de 1% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 21/11/2027







EXECUTION VERSION
IMPORTANT NOTICE
In accessing the attached final terms (the "Final Terms") you agree to be bound by the following
terms and conditions.
The information contained in the Final Terms may be addressed to and/or targeted at persons who are
residents of particular countries only as specified in the Final Terms and/or in the Base Prospectus (as
defined in the Final Terms) and is not intended for use and should not be relied upon by any person outside
those countries and/or to whom the offer contained in the Final Terms is not addressed. Prior to relying on
the information contained in the Final Terms, you must ascertain from the Final Terms and/o r the
Base Prospectus whether or not you are an intended addressee of the information contained therein.
Neither the Final Terms nor the Base Prospectus constitutes an offer to sell or the solicitation of an offer to
buy securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration, exemption from registration or qualification under the securities law of any such
jurisdiction.
The securities described in the Final Terms and the Base Prospectus have not been, and will not be,
registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered
or sold directly or indirectly within the United States or to, or for the account or benefit of, U.S . persons or to
persons within the United States of America (as such terms are defined in Regulation S under the Securities
Act ("Regulation S")). The securities described in the Final Terms will only be offered in offshore transactions
to non-U.S. persons in reliance upon Regulation S.
18 May 2017
SWEDBANK AB (publ)
Issue of
650,000,000 Callable Resettable Dated Subordinated Notes due 2027
under the
U.S.$40,000,000,000 Global Medium Term Note Programme
PART A - CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the
Base Prospectus dated 12 May 2017 (the "Base Prospectus") which constitutes a base prospectus for the
purposes of the Prospectus Directive. For the purposes of these Final Terms, "Prospectus Directive" means
Directive 2003/71/EC (as amended, including by Directive 2010/73/EU), and includes any relevant
implementing measure in a relevant Member State. This document constitutes the Final Terms of the Notes
described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction
with the Base Prospectus. Ful information on Swedbank AB (publ) (the "Issuer") and the offer of the Notes is
only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base
Prospectus has been published on the website of the Central Bank of Ireland at
www.centralbank.ie/regulation/securities-markets/prospectus/Pages/approvedprospectus.aspx and on the
website of the Irish Stock Exchange plc at www.ise.ie and copies may be obtained during normal business
hours, free of charge, from the registered office of the Issuer at Landsvägen 40, SE-172 63 Sundbyberg,
Sweden and from the specified office of the Principal Paying Agent at Citibank, N.A., London Branch,
Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom .





1.
Issuer:
Swedbank AB (publ)
2.
(i)
Series Number:
GMTN 314
(ii)
Tranche Number:
1
(iii)
Date on which the Notes will be Not Applicable
consolidated and form a single
Series:
3.
Specified Currency or Currencies:
Euro ("")
4.
Aggregate Nominal Amount:

(i)
Series:
650,000,000
(ii)
Tranche:
650,000,000
5.
Issue Price:
99.475 per cent of the Aggregate Nominal Amount
6.
(i)
Specified Denomination(s):
100,000 and integral multiples of 1,000 in excess
thereof up to and including 199,000. No Notes in
definitive form will be issued with a denomination
above 199,000.
(ii)
Calculation Amount:
1,000
7.
(i)
Issue Date:
22 May 2017
(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
22 November 2027
9.
Interest Basis:
Reset Notes
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100 per cent of their nominal
amount
11.
Change of Interest Basis or Redemption/ Not Applicable
Payment Basis:
12.
Put/Call Options:
Issuer Call

(see paragraph 18 below)
13.
(i)
Status of the Notes:
Subordinated ­ Condition 3(b) will apply
(a)
Redemption upon occurrence of Applicable ­ Condition 5(i) will apply
Capital Event and amounts payable
on redemption therefor:
If the Issuer elects to redeem the Notes following the
occurrence of a Capital Event pursuant to Condition
5(i), the Notes shall be redeemed in the amount of


2





1,000 per Calculation Amount
Partial Capital Exclusion: Applicable
(b)
Redemption for taxation reasons:
Condition 5(b) will apply
Tax Event Call (Condition 5(b)(A)(ii)): Applicable
(c)
Substitution or variation:
Applicable ­ Condition 5(k) will apply
(ii)
Date Board approval for issuance Not Applicable
of Notes obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions:
Not Applicable
15.
Reset Note Provisions
Applicable
(Condition 4(b))

(i)
Initial Rate of Interest:
1.000 per cent per annum payable in arrear on each
Interest Payment Date
(ii)
Initial Mid-Swap Rate:
0.279 per cent
(iii)
First Margin:
+0.820 per cent per annum
(iv)
Subsequent Margin:
Not Applicable
(v)
Interest Payment Date(s):
22 November in each year, from and including 22
November 2017, up to and including the Maturity
Date. Thus there will be a short first coupon for the
period from (and including) 22 May 2017 to (but
excluding) 22 November 2017.
(vi)
First Reset Date:
22 November 2022
(vii)
Second Reset Date:
Not Applicable
(viii)
Subsequent Reset Date(s):
Not Applicable
(ix)
Relevant Screen Page:
Reuters Screen Page ICESWAP2
(x)
Mid-Swap Rate:
Single Mid-Swap Rate
(xi)
Mid-Swap Maturity
6 months
(xii)
Day Count Fraction:
Actual/Actual (ICMA)
(xiii)
Determination Dates:
22 November in each year
(xiv)
Business Centre(s):
Not Applicable
(xv)
Calculation Agent:
Principal Paying Agent


3





16.
Floating Rate Note Provisions:
Not Applicable
17.
Zero Coupon Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION

18.
Issuer Call:
Applicable
(i)
Optional Redemption Date(s):
22 November 2022
(ii)
Optional Redemption Amount(s):
1,000 per Calculation Amount
(iii)
If redeemable in part:

(a)
Minimum Redemption
Not Applicable
Amount:
(b)
Maximum
Redemption Not Applicable
Amount:
(iv)
Notice period (if other than as set As per the Conditions
out in the Conditions):
19.
Investor Put:
Not Applicable
20.
Final Redemption Amount:
1,000 per Calculation Amount
21.
Early Redemption Amount:

Early Redemption Amount(s) payable on 1,000 per Calculation Amount
redemption for taxation reasons or on Event
of Default:

GENERAL PROVISIONS APPLICABLE TO THE NOTES
22.
Form of Notes:

(i)
Form:
Bearer Notes:

Temporary Global Note exchangeable for a
Permanent Global Note which is exchangeable for
Definitive Bearer Notes only upon an Exchange
Event
(ii)
New Global Note:
No
23.
Financial Centre(s):
Not Applicable
24.
Talons for future Coupons to be attached to No
Definitive Notes:
25.
Renminbi Currency Events:
Not Applicable


4







PART B ­ OTHER INFORMATION

1.
LISTING AND ADMISSION TO TRADING
(i)
Listing:
Official List of the Irish Stock Exchange plc.
(ii)
Admission to trading:
Application has been made for the Notes to be
admitted to trading on the Main Securities Market of
the Irish Stock Exchange with effect from, or from
about, 22 May 2017.
(iii)
Estimate of total expenses related to 600
admission to trading:
2.
RATINGS
Ratings:
The Notes to be issued are expected to be rated A+
by Fitch Ratings Ltd., A- by Standard and Poor's
Credit Market Services Europe Limited and Baa1 by
Moody's Investors Service Ltd .

Fitch Ratings Ltd., Standard & Poor's Credit Market
Services Europe Limited and Moody's Investors
Services Ltd. are established in the European Union
and are registered under Regulation (EC) No.
1060/2009 (as amended).
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE/OFFER
Save for any fees payable to the managers, so far as the Issuer is aware, no person involved in the
offer of the Notes has an interest material to the offer. The managers 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.
YIELD
Indication of yield:
1.099 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.
5.
OPERATIONAL INFORMATION
(i)
ISIN Code:
XS1617859464
(ii)
Common Code:
161785946
(iii)
Cusip:
Not Applicable
(iv)
CINS:
Not Applicable


6





(v)
Any clearing system(s) other than Not Applicable
Euroclear
Bank
SA/NV
and
Clearstream Banking S.A. (together
with the address of each such
clearing system) and the relevant
identification number(s):
(vi)
Delivery:
Delivery against payment
(vii)
Names and addresses of additional None
Transfer Agents and/or Paying
Agent(s) (if any):
(viii)
Intended to be held in a manner No. Whilst the designation is specified as "no" at the
which would allow Eurosystem date of these Final Terms, should the Eurosystem
eligibility:
eligibility criteria be amended in the future such that
the Notes are capable of meeting them the Notes
may then be deposited with one of the ICSDs as
common safekeeper. Note that this does not
necessarily mean that the Notes will then be
recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by
the Eurosystem at any time during their life. Such
recognition will depend upon the ECB being satisfied
that Eurosystem eligibility criteria have been met.
6.
DISTRIBUTION
(i)
Method of distribution:
Syndicated

(ii)
If syndicated, names of Managers:
Barclays Bank PLC
Citigroup Global Markets Limited
Natixis
Swedbank AB (publ)
The Royal Bank of Scotland plc (trading as NatWest
Markets)
UBS Limited
(iii)
Date of Subscription Agreement:
18 May 2017
(iv)
Stabilisation Manager(s) (if any):
Citigroup Global Markets Limited
(v)
If non-syndicated, name of Dealer:
Not Applicable
(vi)
Whether TEFRA D rules are TEFRA D
applicable or TEFRA rules are not
applicable:
(vii)
Prohibition of Sales to EEA Retail Not Applicable
Investors:


7





7.
REASONS FOR THE OFFER

Reasons for the offer:
Not Applicable




8




Document Outline