Bond OP Yrityskassi Oyj 0.01% ( XS2206990215 ) in EUR

Issuer OP Yrityskassi Oyj
Market price 100 %  ⇌ 
Country  Finland
ISIN code  XS2206990215 ( in EUR )
Interest rate 0.01% per year ( payment 1 time a year)
Maturity 17/07/2022 - Bond has expired



Prospectus brochure of the bond OP Yrityspankki Oyj XS2206990215 in EUR 0.01%, expired


Minimal amount 100 000 EUR
Total amount 20 000 000 EUR
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 XS2206990215, pays a coupon of 0.01% per year.
The coupons are paid 1 time per year and the Bond maturity is 17/07/2022








.
PROHIBITION OF SALES TO EEA AND UK 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") or in 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"); (ii) a customer
within the meaning of Directive (EU) 2016/97, where that customer would not qualify as a professional
client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the
Prospectus Regulation. Consequently, no key information document required by Regulation (EU) No
1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Instruments or otherwise
making them available to retail investors in the EEA or in the UK has been prepared and therefore offering
or selling the Instruments 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 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 15 July 2020
OP Corporate Bank plc
(Incorporated in Finland with limited liability)
(the "Bank" or the "Issuer")
Legal Entity Identifier: 549300NQ588N7RWKBP98
Issue of EUR 20,000,000 0.01 per cent. Instruments due 18 July 2022
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 13 February 2020 and the supplemental Base Prospectus dated 28 February 2020 and
30 April 2020 which together constitute a base prospectus for the purposes of Regulation (EU) 2017/1129
(the "Prospectus Regulation"). This document constitutes the Final Terms of the Instruments described
herein for the purposes of the Prospectus Regulation and must be read in conjunction with such Base
Prospectus as so supplemented in order to obtain all the relevant information. 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 have been published on the websites of OP
Corporate Bank plc (www.op.fi/op-financial-group/debt-investors/Banks/op-corporate-bank-plc/emtn-
base-prospectuses) and the Irish Stock Exchange plc trading as Euronext Dublin ("Euronext Dublin")
(www.ise.ie).


1.
Issuer:
OP Corporate Bank plc
2.
(i)
Series Number:
253
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(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:
100.375 per cent. of the Aggregate Nominal Amount
6.
(i)
Specified Denominations:
EUR 100,000

(ii)
Calculation Amount:
EUR 100,000
7.
(i)
Issue Date:
17 July 2020

(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
18 July 2022
9.
Interest Basis:
0.01 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.
Status of the Instruments:
Unsubordinated Instruments
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:
0.01 per cent. per annum payable annually in arrear
on such Interest Payment Date

(ii)
Interest Payment Date(s):
18 July in each year, commencing on 18 July 2021
up to and including the Maturity Date

(iii)
Fixed Coupon Amount(s):
EUR 10.00 per Calculation Amount

(iv)
Broken Amount(s):
EUR 10.03 per Calculation Amount, payable on the
Interest Payment Date falling on 18 July 2021

(v)
Day Count Fraction:
Actual/Actual (ICMA)
17. Resettable Instrument Provisions
Not Applicable
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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
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
25. New Global Instrument:
Yes
26. Financial Centre(s) or other special
Not Applicable
provisions relating to payment dates:
27. Talons for future Coupons or Receipts to
No
be attached to Definitive Instruments (and
dates on which such Talons mature):
28. Redenomination, renominalisation and
Not Applicable
reconventioning provisions (Condition
16):
29. Substitution or variation (Condition 9):


Substitution or variation following a
Not Applicable
Capital Event:

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

Moody's Investors Service (Nordics) AB: Aa3

3.
REASONS FOR THE OFFER AND ESTIMATED NET AMOUNT OF PROCEEDS
Reasons for the Offer:
The proceeds of the issue of the Instruments will be
used by the Bank for general corporate purposes.
Estimated net proceeds:
EUR 20,075,000
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:
0.01 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:
XS2206990215

Common Code:
220699021

FISN:
OP CORPORATE BA/.01EMTN 20220718, as
updated, as set out on the website of the Association
of National Numbering Agencies (ANNA) or
alternatively sourced from the responsible National
Numbering Agency that assigned the ISIN

CFI code:
DTFXFB, as updated, as set out on the website of the
Association of National Numbering Agencies
(ANNA) or alternatively sourced from the
responsible National Numbering Agency that
assigned the ISIN

Any clearing system(s) other than Euroclear Not Applicable
Bank SA/NV and Clearstream Banking S.A.
and the relevant identification number(s):
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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
eligibility:
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 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
Daiwa Capital Markets Europe Limited, 5 King
Dealer:
William Street, London EC4N 7AX, United
Kingdom

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




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