Bond OP Yrityskassi Oyj 0.53% ( XS2081246410 ) in EUR

OP Yrityskassi Oyj

100 % ⇌

Finland

XS2081246410 ( in EUR )

0.53% per year ( payment 1 time a year)

15/11/2029 - Bond has expired

Prospectus brochure of the bond OP Yrityspankki Oyj XS2081246410 in EUR 0.53%, expired

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 XS2081246410, pays a coupon of 0.53% per year.
The coupons are paid 1 time per year and the Bond maturity is 15/11/2029

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 15 November 2019
OP Corporate Bank plc
(Incorporated in Finland with limited liability)
(the "Bank" or the "Issuer")
Legal Entity Identifier: 549300NQ588N7RWKBP98
Issue of EUR 10,000,000 0.53 per cent. Fixed Rate Instruments due 15 November 2029
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, 9 May 2019, 1 August 2019 and 31 October 2019 which together
constitutes 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2003/71/EC (as amended or superseded) (the "Prospectus Directive").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
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
234733-4-22452-v1.0
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70-40707579

2.
(i)
Series Number:
244

(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 10,000,000

(ii)
Tranche:
EUR 10,000,000
5.
Issue Price:
100.00 per cent. of the Aggregate Nominal
Amount
6.
(i)
Specified Denominations:
EUR 100,000

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

(ii)
Interest Commencement
Issue Date
Date:
8.
Maturity Date:
15 November 2029
9.
Interest Basis:
0.53 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/
Not Applicable
Payment Basis:
12.
Put/Call Options:
Not Applicable
13.
(i)
Status of the Instruments:
Unsubordinated Instruments

(ii)
Unsubordinated
Not Applicable
Instruments Waiver of Set-
Off:
14.
Date Board approval for issuance
Not applicable
of Instruments obtained:
15.
Method of distribution:
Non-syndicated
234733-4-22452-v1.0
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PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Instrument Provisions Applicable

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

(ii)
Interest Payment Date(s):
15 November in each year (commencing on
15 November 2020, short first coupon)

(iii)
Fixed Coupon Amount(s):
EUR 530.00 per Calculation Amount

(iv)
Broken Amount(s):
EUR 524.21 per Calculation Amount, payable
on the Interest Payment Date falling on 15
November 2020

(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
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
EUR 100,000 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
234733-4-22452-v1.0
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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):
30.
Substitution or variation (Condition
9):

Substitution or variation following
Not Applicable
a Capital Event:

Substitution or variation following
Not Applicable
an MREL Disqualification Event:
31.
Prohibition of Sales to EEA Retail
Not Applicable
Investors:

32.
Green Bond:
No

Signed on behalf of the Bank:
By: :.................................
By:.................................
Duly authorised
Duly authorised
234733-4-22452-v1.0
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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 19
November 2019.

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: 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.
Fixed Rate Instruments only  YIELD

Indication of yield:
0.53 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.
6.
OPERATIONAL INFORMATION

ISIN:
XS2081246410

Common Code:
208124641

FISN:
OP CORPORATE BA/.53EMTN 20291115

CFI code:
DTFXFB
234733-4-22452-v1.0
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70-40707579

CUSIP:
Not Applicable

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

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.
7.
DISTRIBUTION

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

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

(iii) Date of Subscription
Not Applicable
Agreement:

If non-syndicated, name and address Landesbank Baden-Württemberg
of Dealer:
Am Hauptbahnhof 2
70173 Stuttgart
Federal Republic of Germany

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

234733-4-22452-v1.0
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