Obligation Svedbank 0.25% ( XS2063261155 ) en EUR

Svedbank

99.74 % ▼

Suede

XS2063261155 ( en EUR )

0.25% par an ( paiement annuel )

08/10/2024 - Obligation échue

Prospectus brochure de l'obligation Swedbank XS2063261155 en EUR 0.25%, échue

Swedbank est une banque nordique offrant des services bancaires aux particuliers et aux entreprises en Suède, ainsi qu'en Lettonie, en Lituanie et en Estonie.

L'Obligation émise par Svedbank ( Suede ) , en EUR, avec le code ISIN XS2063261155, paye un coupon de 0.25% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 08/10/2024

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 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 (as
amended) ("MiFID II"); (ii) a customer within the meaning of Directive (EU) 2016/97, 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 Directive (as defined below).
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.
MiFID II product governance / Professional investors and eligible counterparties 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.
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/or 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.
7 October 2019
SWEDBANK AB (publ)

Legal Entity Identifier (LEI): M312WZV08Y7LYUC71685
Issue of
EUR 750,000,000 0.250 per cent Senior Non-Preferred Notes due 9 October 2024
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 14 May 2019 (the "Base Prospectus") as supplemented by the
supplement dated 17 July 2019 which together constitute 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 or superseded), 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 as so supplemented. Full 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 as so supplemented. The Base Prospectus and the supplement have been published on the
website of the Central Bank of Ireland at https://www.centralbank.ie/regulation/industry-market-
sectors/securities-markets/prospectus-regulation/prospectuses and on the website of the Irish Stock
Exchange plc trading as Euronext Dublin at www.ise.ie and copies may be obtained during normal
business hours, free of charge, from the registered office of the Issuer at SE-105 34 Stockholm,
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 351
(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 ("EUR")
4.
Aggregate Nominal Amount:

(i)
Series:
EUR 750,000,000
(ii)
Tranche:
EUR 750,000,000
5.
Issue Price:
99.797 per cent of the Aggregate Nominal
Amount
6.
(i)
Specified Denomination(s):
EUR 100,000 and integral multiples of EUR
1,000 in excess thereof up to and including EUR
199,000. No Notes in definitive form will be

2

issued with a denomination above EUR 199,000.
(ii)
Calculation Amount:
EUR 1,000
7.
(i)
Issue Date:
9 October 2019
(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
9 October 2024
9.
Interest Basis:
0.250 per cent Fixed Rate
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 Not Applicable
Redemption/ Payment Basis:
12.
Put/Call Options:
Not Applicable

13.
(i)
Status of the Notes:
Senior Non-Preferred - Condition 3(b) will apply
(a)
Redemption upon occurrence of Applicable Condition 5(j) will apply
a MREL Disqualification Event
and
amounts
payable
on If the Issuer elects to redeem the Notes following
redemption thereof:
the occurrence of a MREL Disqualification Event
pursuant to Condition 5(j), the Notes shall be
redeemed in the amount of EUR 1,000 per
Calculation Amount
(b)
Redemption for taxation reasons:
Condition 5(b) will apply
Tax Event Call Applicable - Condition
5(b)(A)(ii) will apply
(c)
Substitution or variation:
Applicable Condition 5(l) will apply
(ii)13.2 Date
Board
approval for Not Applicable
issuance of Notes obtained:

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions:
Applicable
(Condition 4(a))

(i)
Rate(s) of Interest:
0.250 per cent per annum payable in arrear on
each Interest Payment Date
(ii)
Interest Payment Date(s):
9 October in each year, from and including 9
October 2020, up to and including the Maturity
Date

3

(iii)
Fixed Coupon Amount(s):
EUR 2.50 per Calculation Amount
(iv)
Broken Amount(s):
Not Applicable
(v)
Day Count Fraction:
Actual/Actual (ICMA)
(vi)
Determination Dates:
9 October in each year
(vii)
Interest
Payment
Date Not Applicable
Adjustment:
(viii) Business Centre(s):
Not Applicable
15.
Reset Note Provisions
Not Applicable
(Condition 4(b))

16.
Floating Rate Note Provisions:
Not Applicable
(Condition 4(c))

17.
Zero Coupon Note Provisions:
Not Applicable

PROVISIONS
RELATING
TO
REDEMPTION
18.
Issuer Call:
Not Applicable
19.
Investor Put:
Not Applicable
20.
Final Redemption Amount:
EUR 1,000 per Calculation Amount
21.
Early Redemption Amount:

Early Redemption Amount(s) payable on EUR 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 No

4

PART B OTHER INFORMATION

1.
LISTING AND ADMISSION TO TRADING
(i)
Listing:
Official List of Euronext Dublin
(ii)
Admission to trading:
Application has been made for the Notes to be
admitted to trading on the Regulated Market of
Euronext Dublin with effect from, or from about,
9 October 2019
(iii)
Estimate of total expenses related EUR 1,000
to admission to trading:
2.
RATINGS
Ratings:
The Notes to be issued are expected to be rated
A3 by Moody's Investors Service (Nordics) AB
("Moody's"), A by S&P Global Ratings Europe
Limited ("Standard & Poor's") and AA- by Fitch
Ratings Ltd. ("Fitch").

Each of Moody's, Standard & Poor's and Fitch is
established in the European Union and is
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 Joint Lead 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 Joint Lead
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:
0.291 per cent per annum

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:
XS2063261155
(ii)
Common Code:
206326115
(iii)
CFI
See the website of the Association of National
Numbering Agencies (ANNA) or alternatively
sourced
from
the
responsible
National

6

Numbering Agency that assigned the ISIN
(iv)
FISN
See the website of the Association of National
Numbering Agencies (ANNA) or alternatively
sourced
from
the
responsible
National
Numbering Agency that assigned the ISIN
(v)
Cusip:
Not Applicable
(vi)
CINS:
Not Applicable
(vii)
Any clearing system(s) other Not Applicable
than Euroclear Bank SA/NV and
Clearstream
Banking
S.A.
(together with the address of
each such clearing system) and
the
relevant
identification
number(s):
(viii) Delivery:
Delivery against payment
(ix)
Names
and
addresses
of None
additional
Transfer
Agents
and/or Paying Agent(s) (if any):
(x)
Intended to be held in a manner No. Whilst the designation is specified as "no" at
which would allow Eurosystem the date of these Final Terms, should the
eligibility:
Eurosystem 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 Joint Lead Managers
Managers:
Deutsche Bank AG, London Branch
Goldman Sachs International
HSBC France
J.P. Morgan Securities plc
Morgan Stanley & Co. International plc
Swedbank AB (publ)
(iii)
Date of Subscription Agreement:
7 October 2019
(iv)
Stabilisation Manager(s) (if any): Morgan Stanley & Co. International plc

7

(v)
If non-syndicated, name of Not Applicable
Dealer:
(vi)
Whether TEFRA D rules are TEFRA D
applicable or TEFRA rules are
not applicable:
(vii)
Prohibition of Sales to EEA Applicable
Retail Investors:
7.
REASONS FOR THE OFFER

Reasons for the offer:
General Business Purposes

8