Obligation SveaBank AB 0.75% ( XS2167002521 ) en EUR

SveaBank AB

100 % ⇌

Suede

XS2167002521 ( en EUR )

0.75% par an ( paiement annuel )

05/05/2025 - Obligation échue

Prospectus brochure de l'obligation Swedbank AB XS2167002521 en EUR 0.75%, échue

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 XS2167002521, paye un coupon de 0.75% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 05/05/2025

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 Directive 2014/65/EU (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 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.
30 April 2020
SWEDBANK AB (publ)
Legal Entity Identifier (LEI): M312WZV08Y7LYUC71685
Issue of
EUR 1,000,000,000 0.750 per cent Senior Preferred Notes due 5 May 2025
under the
U.S.$40,000,000,000 Global Medium Term Note Programme
PART A - CONTRACTUAL TERMS

1

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
supplements dated 17 July 2019, 23 October 2019, 28 January 2020, 6 April 2020 and 23 April 2020
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 supplements 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 360
(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 1,000,000,000
(ii)
Tranche:
EUR 1,000,000,000
5.
Issue Price:
99.966 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
issued with a denomination above EUR 199,000.
(ii)
Calculation Amount:
EUR 1,000
7.
(i)
Issue Date:
5 May 2020
(ii)
Interest
Commencement Issue Date
Date:
8.
Maturity Date:
5 May 2025

2

9.
Interest Basis:
0.750 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 Preferred - Condition 3(a) will apply
(a)
Waiver of Set-Off:
Applicable Condition 3(d) will apply
(b)
Redemption
for
taxation Condition 5(b) will apply
reasons:
Tax Event Call Not Applicable
(c)
Senior
Preferred
Notes Applicable Condition 6(b) will apply
Restricted Events of Default:
(d)
Senior
Preferred
Notes Applicable Condition 7(d) will apply
Restricted Gross Up:
(ii)
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:
0.750 per cent per annum payable in arrear on
each Interest Payment Date
(ii)
Interest Payment Date(s):
5 May in each year, from and including 5 May
2021, up to and including the Maturity Date
(iii)
Fixed Coupon Amount(s):
EUR 7.50 per Calculation Amount
(iv)
Broken Amount(s):
Not Applicable
(v)
Day Count Fraction:
Actual/Actual (ICMA)
(vi)
Determination Dates:
5 May in each year
(vii)
Interest
Payment
Date Not Applicable
Adjustment:
(viii)
Business Centre(s):
Not Applicable

3

15.
Reset Note Provisions
Not Applicable
16.
Floating Rate Note Provisions:
Not Applicable
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:
Yes
23.
Financial Centre(s):
Not Applicable
24.
Talons for future Coupons to be attached No
to Definitive Notes:
25.
Renminbi Currency Events:
Not Applicable
Calculation Agent:
Not Applicable
26.
Third Party Information:

Not Applicable

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,
5 May 2020
(iii)
Estimate of total expenses EUR 1,000
related to admission to trading:
2.
RATINGS
Ratings:
The Notes to be issued are expected to be rated
Aa3 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 or the United
Kingdom and is registered under Regulation
(EC) No. 1060/2009 (as amended).
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
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:
0.757 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:
XS2167002521
(ii)
Common Code:
216700252
(iii)
CFI:
See the website of the Association of National
Numbering Agencies (ANNA) or alternatively
sourced
from
the
responsible
National
Numbering Agency that assigned the ISIN

6

(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 Yes. Note that the designation "yes" simply
which would allow Eurosystem means that the Notes are intended upon issue to
eligibility:
be deposited with one of the ICSDs as common
safekeeper and does not necessarily mean that
the Notes will be recognised as eligible collateral
for 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.
6.
DISTRIBUTION
(i)
Method of distribution:
Syndicated
(ii)
If
syndicated,
names
of Joint Lead Managers
Managers:
Deutsche Bank Aktiengesellschaft
J.P. Morgan Securities plc
Merrill Lynch International
Natixis
Swedbank AB (publ)
UBS Europe SE

Co-Lead Managers
DekaBank Deutsche Girozentrale
DZ
BANK
AG
Deutsche
Zentral-
Genossenschaftsbank, Frankfurt am
Main
Landesbank Baden-Württemberg

7

Norddeutsche Landesbank Girozentrale
(iii)
Date
of
Subscription 30 April 2020
Agreement:
(iv)
Stabilisation Manager(s) (if any): Not Applicable
(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 Not Applicable
Retail Investors:
7.
REASONS FOR THE OFFER

Reasons for the offer:
General Business Purposes

8