Bond OP Yrityskassi Oyj 0.91% ( XS1934816395 ) in EUR

Issuer OP Yrityskassi Oyj
Market price 100 %  ⇌ 
Country  Finland
ISIN code  XS1934816395 ( in EUR )
Interest rate 0.91% per year ( payment 1 time a year)
Maturity 14/01/2026 - Bond has expired



Prospectus brochure of the bond OP Yrityspankki Oyj XS1934816395 in EUR 0.91%, expired


Minimal amount /
Total amount /
Detailed description OP Yrityspankki Oyj is a Finnish company offering a wide range of financial services to corporate and institutional clients, including lending, financing, and treasury management solutions.

The Bond issued by OP Yrityskassi Oyj ( Finland ) , in EUR, with the ISIN code XS1934816395, pays a coupon of 0.91% per year.
The coupons are paid 1 time per year and the Bond maturity is 14/01/2026







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
Instruments has led to the conclusion that: (i) the target market for the Instruments 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 Instruments to eligible counterparties and professional clients are appropriate. Any person
subsequently offering, selling or recommending the Instruments (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 Instruments (by either adopting or refining the manufacturers' target
market assessment) and determining appropriate distribution channels.
Final Terms dated 10 January 2019
OP Corporate Bank plc
(Incorporated in Finland with limited liability)
(the "Bank" or the "Issuer")
Issue of EUR 20,000,000 0.91 per cent. Fixed Rate Notes due 14 January 2026 (the "Instruments")
under the EUR 20,000,000,000 Programme for the Issuance of Debt Instruments
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 16 February 2018 and the supplemental Base Prospectuses dated 2 March 2018, 8 May 2018 12 June
2018, 3 August 2018, 13 November 2018 and 14 December 2018 which together constitute a base prospectus for the
purposes of the Prospectus Directive. This document constitutes the Final Terms of the Instruments described herein for
the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such Base Prospectus as so
supplemented. Full information on the Bank and the offer of the Instruments 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 supplemental Base Prospectuses are available for viewing (i) during normal business hours
at the registered office of OP Corporate Bank plc at Gebhardinaukio 1, FIN-00510 Helsinki, Finland and the offices of
The Bank of New York Mellon, London Branch at One Canada Square, London E14 5AL, United Kingdom and (ii) on
the websites of OP Corporate Bank plc (www.op.fi/op-financial-group/debt-investors/issuers/op-corporate-bank-
plc/emtn-base-prospectuses) and the Irish Stock Exchange plc trading as Euronext Dublin ("Euronext Dublin")
(www.ise.ie). Copies of the Base Prospectus and the supplemental Base Prospectuses may also be obtained from the
registered office of OP Corporate Bank plc at Gebhardinaukio 1, FIN-00510 Helsinki, Finland and the offices of The
Bank of New York Mellon, London Branch at One Canada Square, London E14 5AL, United Kingdom.
1.
Issuer:
OP Corporate Bank plc
2.
(i)
Series Number:
226

(ii)
Tranche Number:
1

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


(i)
Series:
EUR 20,000,000

(ii)
Tranche:
EUR 20,000,000
5.
Issue Price:
99.735 per cent. of the Aggregate Nominal Amount
6.
(i)
Specified Denominations:
EUR 100,000

(ii)
Calculation Amount:
EUR 100,000
7.
(i)
Issue Date:
14 January 2019



(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
14 January 2026
9.
Interest Basis:
0.91 per cent. Fixed Rate


Condition 5A. (Interest ­ Fixed Rate)



(see paragraph 16 below)

10.
Redemption/Payment Basis:
Redemption at par
11.
Change of Interest or Redemption/ Payment

Basis:
Not Applicable
12.
Put/Call Options:
Not Applicable
13.
(i)
Status of the Instruments:
Unsubordinated Instruments
(ii)
Unsubordinated Instruments Waiver Not Applicable
of Set-Off:
14.
Date Board approval for issuance of
Not Applicable
Instruments obtained:
15.
Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Instrument Provisions
Applicable

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

(ii)
Interest Payment Date(s):
14 January in each year (commencing on 14 January 2020)

(iii)
Fixed Coupon Amount:
EUR 910.00 per Calculation Amount

(iv)
Broken Amount(s):
Not Applicable

(v)
Day Count Fraction:
Actual/Actual (ICMA)
17.
Resettable Instrument Provisions
Not Applicable
18.
Floating Rate Instrument Provisions
Not Applicable
19.
Zero Coupon Instrument Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
20.
Call Option
Not Applicable
21.
Put Option
Not Applicable
22.
Final Redemption Amount
EUR 100,000 per Calculation Amount
23.
Early Redemption Amount


Early Redemption Amount(s) per Calculation
EUR 100,000 per Calculation Amount
Amount payable on redemption for taxation
reasons or on event of default or other early
redemption:


GENERAL PROVISIONS APPLICABLE TO THE INSTRUMENTS
24.
Form of Instruments:
Bearer Instruments:
Temporary Global Instrument exchangeable for a Permanent
Global Instrument which is exchangeable for Definitive
Instruments in the limited circumstances specified in the
Permanent Global Instrument
25.
New Global Instrument (for Bearer
Yes
Instruments):

26.
New Safekeeping Structure (for Registered
Not Applicable
Instruments):

27.
Financial Centre(s) or other special provisions
Not Applicable
relating to payment dates:
28.
Talons for future Coupons or Receipts to be
No
attached to Definitive Instruments (and dates
on which such Talons mature):
29.
Redenomination, renominalisation and
Not Applicable
reconventioning provisions (Condition 16):
30.
Substitution or variation (Condition 9):

Substitution or variation following a Capital
Not Applicable
Event:
Substitution or variation following an MREL
Not Applicable
Disqualification Event:
31.
Prohibition of Sales to EEA Retail Investors:
Not Applicable
32.
Green Bond:
No

Signed on behalf of the Bank:

By: :.................................
By:.................................
Duly authorised
Duly authorised




Part B ­ Other Information
1.
LISTING AND ADMISSION TO TRADING

Admission to listing and trading:
Application has been made to Euronext Dublin for
the Instruments to be admitted to the Official List
and to trading on its regulated market with effect
from 14 January 2019.

Estimate of total expenses related to

admission to trading:
EUR 1,000
2.
RATINGS


The Instruments to be issued are expected to be rated:

Standard & Poor's Credit Market Services Europe Limited: AA-

Moody's Investors Service Ltd: Aa3
3.
USE OF PROCEEDS
The proceeds of the issue of the Instruments will be used by the Bank for general corporate
purposes.
4.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE
ISSUE/OFFER

Save as discussed in "Subscription and Sale" in the Base Prospectus, so far as the Bank is aware,
no person involved in the offer of the Instruments has an interest material to the offer.
5.
YIELD


Indication of yield:
0.949 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.
6.
OPERATIONAL INFORMATION

ISIN:
XS1934816395

Common Code:
193481639

FISN:
OP CORPORATE BA/.91EMTN 20260114

CFI code:
DTFXFB

CUSIP:
Not Applicable

Any clearing system(s) other than Euroclear Not Applicable
Bank SA/NV and Clearstream Banking,
société anonyme and the relevant
identification number(s):

Delivery:
Delivery against payment

Names and addresses of additional Paying
Not Applicable
Agent(s) (if any):

New Global Instrument intended to be held
Yes. Note that the designation "Yes" simply means
in a manner which would allow Eurosystem that the Instruments are intended upon issue to be
deposited with one of the ICSDs as common


eligibility:
safekeeper and does not necessarily mean that the
Instruments will be recognised as eligible
collateral for Eurosystem monetary policy and
intra­day 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.
7.
DISTRIBUTION

(i)
If syndicated, names of Managers:
Not Applicable

(ii) Stabilising Manager(s) (if any):
Not Applicable

(iii) Date of Subscription Agreement:
Not Applicable

If non-syndicated, name and address of
DekaBank Deutsche
Girozentrale, Mainzer
Dealer:
Landstrasse 16, 60325 Frankfurt am Main,
Germany

U.S. Selling Restrictions:
Reg. S Compliance Category 2;
Rule 144A: TEFRA D