Obligation Akelius Residential Property Financing B.V 1% ( XS2228897158 ) en EUR

Société émettrice Akelius Residential Property Financing B.V
Prix sur le marché refresh price now   87.57 %  ▼ 
Pays  Suede
Code ISIN  XS2228897158 ( en EUR )
Coupon 1% par an ( paiement annuel )
Echéance 16/01/2028



Prospectus brochure de l'obligation Akelius Residential Property Financing B.V XS2228897158 en EUR 1%, échéance 16/01/2028


Montant Minimal 100 000 EUR
Montant de l'émission 500 000 000 EUR
Prochain Coupon 17/01/2025 ( Dans 241 jours )
Description détaillée L'Obligation émise par Akelius Residential Property Financing B.V ( Suede ) , en EUR, avec le code ISIN XS2228897158, paye un coupon de 1% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 16/01/2028







PROHIBITION OF SALES TO EEA AND UK 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 European Economic Area (the "EEA") or the United Kingdom (the "UK"). 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"); or (ii) a customer within the meaning of
Directive (EU) 2016/97 (the "Insurance Distribution Directive"), where that customer would not qualify as a
professional client as defined in point (10) of Article 4(1) of MiFID II. Consequently, no key information
document required by Regulation (EU) No 1286/2014 (as amended or superseded, the "PRIIPs Regulation") for
offering or selling the Notes or otherwise making them available to retail investors in the EEA or in the UK has
been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor
in the EEA or in the UK may be unlawful under the PRIIPs Regulation.
MiFID II product governance/Professional investors and ECPs 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.
Final Terms dated 15 September 2020
AKELIUS RESIDENTIAL PROPERTY FINANCING B.V.
Legal Entity Identifier (LEI): 724500ABLEHD1CIBAA35
Issue of EUR 500,000,000 1.000 per cent. Notes due January 2028
Guaranteed by AKELIUS RESIDENTIAL PROPERTY AB (PUBL)
Euro 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 (the "Conditions")
set forth in the Base Prospectus dated 23 July 2020 and the supplemental Base Prospectus dated 1 September 2020
which together constitute a base prospectus (the "Base Prospectus") for the purposes of the Prospectus
Regulation.
This document constitutes the Final Terms relating to the issue of Notes described herein for the purposes of the
Prospectus Regulation and must be read in conjunction with the Base Prospectus in order to obtain all the relevant
information.
The Base Prospectus has been published on www.ise.ie.
These Final Terms will be published on https://www.ise.ie/Market-Data-Announcements/Debt/Individual-Debt-
Instrument-Data/Dept-Security-Documents/?progID=1011&FIELDSORT=docId.
The expression "Prospectus Regulation" means Regulation (EU) 2017/1129.
The Notes have not been, and will not be, registered under the United States Securities Act of 1933, as amended
(the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United
States, and Notes in bearer form are subject to U.S. tax law requirements. The Notes may not be offered, sold or
(in the case of Notes in bearer form) delivered within the United States or to, or for the account or benefit of, U.S.
persons (as defined in Regulation S under the Securities Act ("Regulation S")) except in certain transactions
exempt from the registration requirements of the Securities Act.
1.
(i)
Issuer:
Akelius Residential Property Financing B.V.
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(ii)
Guarantor:
Akelius Residential Property AB (publ)
2.
(i)
Series Number:
9

(ii)
Tranche Number:
1

(iii)
Date on which the Notes become Not Applicable
fungible:
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount:


(i)
Series:
EUR 500,000,000

(ii)
Tranche:
EUR 500,000,000
5.
Issue Price:
99.889 per cent. of the Aggregate Nominal
Amount
6.
(i)
Specified Denominations:
EUR 100,000 and integral multiples of EUR
1,000 in excess thereof. 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:
17 September 2020

(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
17 January 2028
9.
(i)
Interest Basis:
1.000 per cent. per annum Fixed Rate


(see paragraph 14 below)

(ii)
Ratings Step Up/Step Down:
Not Applicable
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or
early redemption, the Notes will be redeemed
on the Maturity Date at 100.00 per cent. of their
nominal amount.
11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:
Change of Control Put Option


Issuer Call


Clean-Up Call


(See paragraph 17, 18 and 20 below)
13.
(i)
Status of the Notes:
Senior

(ii)
Status of the Guarantee:
Senior

(iii)
Date of Board approval for issuance of 2 September 2020 and 21 August 2020
Notes and Guarantee respectively respectively
obtained:
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PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions
Applicable

(i)
Rate of Interest:
1.000 per cent. per annum payable in arrear on
each Interest Payment Date

(ii)
Interest Payment Date(s):
17 January in each year commencing on 17
January 2021 (the "First Interest Payment
Date")

(iii)
Fixed Coupon Amount:
EUR 10.00 per Calculation Amount payable on
each Interest Payment Date other than the First
Interest Payment Date.

(iv)
Broken Amount(s):
EUR 3.33 per Calculation Amount will be
payable on the First Interest Payment Date.

(v)
Day Count Fraction:
Actual/Actual (ICMA)
15.
Floating Rate Note Provisions
Not Applicable
16.
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17.
Call Option
Applicable

(i)
Optional Redemption Date(s) (Call):
At any time following the expiry of the notice
period set out in the Conditions

(ii)
Par Call Commencement Date:
17 October 2027

(iii)
Optional Redemption Amount(s) (Call) If the Optional Redemption Date (Call) is dated
of each Note:
before the Par Call Commencement Date: the
Non-Sterling Make Whole Redemption
Amount


If the Optional Redemption Date (Call) is dated
on or after the Par Call Commencement Date:
EUR 1,000 per Calculation Amount


(a)
Reference Bond:
DBR 0.000% due 15 November 2027
(DE0001102523)


(b)
Quotation Time:
11:00 a.m. CET


(c)
Redemption Margin:
0.250 per cent.


(d)
Reference Date:
As per the Conditions

(v)
If redeemable in part:
Not Applicable

(vi)
Notice period:
As per the Conditions
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PART B ­ OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING


(i)
Listing:
Ireland


(ii)
Admission to Trading:
Application has been made by the Issuer (or on
its behalf) for the Notes to be admitted to trading
on the regulated market of the Irish Stock
Exchange plc trading as Euronext Dublin with
effect from the Issue Date.

(iii)
Estimate of total expenses related to EUR 1,000

admission to trading:




2.
RATINGS
The Notes to be issued are expected to be rated:

Ratings:
S&P Global Ratings Europe Limited: BBB



S&P Global Ratings Europe Limited is
established in the EEA and registered under
Regulation (EU) No 1060/2009, as amended
(the "CRA Regulation").
S&P has, in its August 2020 publication "S&P
Global Ratings Definitions" described a rating
of "BBB" in the following terms: "An obligation
rated 'BBB' exhibits adequate protection
parameters.
However, adverse economic
conditions or changing circumstances are more
likely to weaken the obligor's capacity to meet
its financial commitments on the obligation."
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 the Guarantor and their affiliates
in the ordinary course of business.
4.
YIELD



Indication of yield:
1.016 per cent. per annum

5.
OPERATIONAL INFORMATION


ISIN:
XS2228897158


Common Code:
222889715


Delivery:
Delivery against payment


Names and addresses of additional Paying Not Applicable

Agent(s) (if any):

Intended to be held in a manner which would Yes. Note that the designation "yes" simply
allow Eurosystem eligibility:
means that the Notes are intended upon issue to
be deposited with one of the ICSDs as common
safekeeper and does not necessarily mean that
the Notes will be recognised as eligible
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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:



(A)
Names of Managers
BNP Paribas

Commerzbank Aktiengesellschaft
Danske Bank A/S

(B)
Stabilisation Manager(s), if any: Danske Bank A/S


(iii)
If non-syndicated, name of Dealer:
Not Applicable


(iv)
U.S. Selling Restrictions:
Reg. S Compliance Category 2, TEFRA D

7.
REASONS FOR THE OFFER AND ESTIMATED NET AMOUNT OF PROCEEDS


Reasons for the offer:
See "Use of Proceeds" in Base Prospectus


Estimated net proceeds:
EUR 498,245,000



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Document Outline