Bond OP Yrityskassi Oyj 0.375% ( XS2014288158 ) in EUR

OP Yrityskassi Oyj

100 % ▲

Finland

XS2014288158 ( in EUR )

0.375% per year ( payment 1 time a year)

18/06/2024 - Bond has expired

Prospectus brochure of the bond OP Yrityspankki Oyj XS2014288158 in EUR 0.375%, expired

100 000 EUR

500 000 000 EUR

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 XS2014288158, pays a coupon of 0.375% per year.
The coupons are paid 1 time per year and the Bond maturity is 18/06/2024

PROHIBITION OF SALES TO EEA RETAIL INVESTORS  The Instruments 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 ("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 ("MiFID II"); or (ii) a customer
within the meaning of Directive 2002/92/EC, 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 (the "PRIIPs Regulation")
for offering or selling the Instruments or otherwise making them available to retail investors in
the EEA has been prepared and therefore offering or selling the Instruments 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 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 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 17 June 2019
OP Corporate Bank plc
(Incorporated in Finland with limited liability)
(the "Bank" or the "Issuer")
Legal Entity Identifier: 549300NQ588N7RWKBP98
Issue of
EUR 500,000,000 0.375 per cent. Senior Non-Preferred Instruments due 19 June 2024
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 15 February 2019 and the supplemental base prospectuses
dated 28 February 2019 and 9 May 2019 which together constitute a base prospectus (the "Base
Prospectus") for the purposes of Directive 2003/71/EC (as amended or superseded) (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. 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.
The Base Prospectus is 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
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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).
The Conditions 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 website of OP Corporate Bank plc (www.op.fi/op-
financial-group/debt-investors/issuers/op-corporate-bank-plc/emtn-base-prospectuses).
Copies of the Base Prospectus 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:
237

(ii)
Tranche Number:
1

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

Instruments:

(i)
Series:
EUR 500,000,000

(ii)
Tranche:
EUR 500,000,000
5.
Issue Price:
99.655 per cent. of the Aggregate Nominal
Amount
6.
(i)
Specified Denominations:
EUR 100,000 and integral multiples of EUR
1,000 in excess thereof up to and including
EUR 199,000. No Definitive Instruments will
be issued with a denomination above EUR
199,000

(ii)
Calculation Amount:
EUR 1,000
7.
(i)
Issue Date:
19 June 2019

(ii)
Interest Commencement
Issue Date
Date:
8.
Maturity Date:
19 June 2024
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9.
Interest Basis:
0.375 per cent. Fixed Rate
Condition 5A. (Interest Fixed Rate)
(see paragraph 16 below)
10.
Redemption/Payment Basis:
100.00 per cent. of the Aggregate Nominal
Amount
11.
Change of Interest or Redemption/
Not Applicable
Payment Basis:

12.
Put/Call Options:
Issuer Call
13.
(i)
Status of the Instruments:
Senior Non-Preferred Instruments
Condition 3B (Senior Non-Preferred
Instruments)

(ii)
Unsubordinated
Applicable
Instruments Waiver of Set-
Off:
Condition 3B.05 (Senior Non-Preferred
Instruments)
14.
Date Board approval for issuance
Not Applicable
of Instruments obtained:
15.
Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Instrument Provisions Applicable

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

(ii)
Interest Payment Date(s):
19 June in each year, commencing on 19 June
2020

(iii)
Fixed Coupon Amount:
EUR 3.75 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
Not Applicable
Provisions
19.
Zero Coupon Instrument
Not Applicable
Provisions
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PROVISIONS RELATING TO REDEMPTION
20.
Call Option
Applicable

Early redemption following an
Applicable
MREL Disqualification Event:
Condition 6.12 (Early Redemption of Senior
Non-Preferred Instruments as a result of an
MREL Disqualification Event)
21.
Put Option
Not Applicable
22.
Final Redemption Amount
EUR 1,000 per Calculation Amount
23.
Early Redemption Amount

Early Redemption Amount(s) per
EUR 1,000 per Calculation Amount
Calculation 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
Not Applicable
Registered Instruments):
27.
Financial Centre(s) or other special
Not Applicable
provisions relating to payment
dates:
28.
Talons for future Coupons or
No
Receipts to be attached to
Definitive Instruments (and dates
on which such Talons mature):
29.
Redenomination, renominalisation
Not Applicable
and reconventioning provisions
(Condition 16):
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30.
Substitution or variation (Condition
9):

Substitution or variation following
Not Applicable
a Capital Event:

Substitution or variation following
Applicable
an MREL Disqualification Event:
31.
Prohibition of Sales to EEA Retail
Applicable
Investors:

32.
Green Bond:
No

Signed on behalf of the Bank:
By: :.................................
By:.................................
Duly authorised
Duly authorised
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Part B Other Information
1.
LISTING AND ADMISSION TO TRADING

Admission to trading:
Application has been made to Euronext Dublin
for the Instruments to be admitted to the
Official List and to trading on the Regulated
Market of Euronext Dublin with effect from the
Issue Date

Estimate of total expenses related to EUR 1,000
admission to trading:
2.
RATINGS

The Instruments to be issued are expected to be rated:

S&P Global Ratings Europe Limited: A

Moody's Investors Service Ltd: Baa1
3.
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.
4.
YIELD

Indication of yield:
0.445 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

ISIN:
XS2014288158

Common Code:
201428815

FISN:
OP CORPORATE BA/1EMTN 20240619

CFI code:
DTFXFB

Any clearing system(s) other than
Not Applicable
Euroclear Bank SA/NV and
Clearstream Banking S.A. and the
relevant identification number(s):

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

New Global Instrument intended to Yes. Note that the designation "Yes" simply
be held in a manner which would
means that the Instruments are intended upon
allow Eurosystem eligibility:
issue to be deposited with one of the ICSDs as
common 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.
6.
DISTRIBUTION

(i)
If syndicated, names of
Joint Lead Managers:
Managers:
BNP Paribas
Goldman Sachs International
J.P. Morgan Securities plc
OP Corporate Bank

(ii)
Stabilising Manager(s) (if
BNP Paribas
any):

(iii)
Date of Subscription
17 June 2019
Agreement:

If non-syndicated, name and address Not Applicable
of Dealer:

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

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