Bond UniCred 0.725% ( XS2264169272 ) in EUR

Issuer UniCred
Market price 100 %  ⇌ 
Country  Italy
ISIN code  XS2264169272 ( in EUR )
Interest rate 0.725% per year ( payment 1 time a year)
Maturity 27/11/2030 - Bond has expired



Prospectus brochure of the bond UniCredit XS2264169272 in EUR 0.725%, expired


Minimal amount 100 000 EUR
Total amount 50 000 000 EUR
Detailed description UniCredit is a major Italian banking group offering a wide range of financial services including commercial banking, investment banking, and wealth management across Europe, Central and Eastern Europe, and the Middle East.

The Bond issued by UniCred ( Italy ) , in EUR, with the ISIN code XS2264169272, pays a coupon of 0.725% per year.
The coupons are paid 1 time per year and the Bond maturity is 27/11/2030








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 (EEA) or in the United Kingdom (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; or (iii) not a qualified investor as defined in Regulation
(EU) 2017/1129 (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 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.
25 November 2020
FINAL TERMS
UniCredit S.p.A.
(incorporated with limited liability as a Società per Azioni in the Republic of Italy under registered
number 00348170101 with registered office at Piazza Gae Aulenti, 3 Tower-A 20154 Milan, Italy)
Issue of 50,000,000 0.725 per cent Fixed Rate Senior Notes due 27 November 2030
under the
60,000,000,000 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 Terms and Conditions for the
Italian Law Notes set forth in the Base Prospectus dated 5 June 2020 and the supplements to it dated 11 August
2020 and 20 November 2020 which togheter constitute a base prospectus for the purposes of the Prospectus
Regulation (the Base Prospectus). This document constitutes the Final Terms of the Notes described herein for
the purposes of the Prospectus Regulation and must be read in conjunction with such Base Prospectus, in order
to obtain all the relevant information. The Base Prospectus is available for viewing during normal business
hours at UniCredit S.p.A., Piazza Gae Aulenti, 3 Tower A 20154 Milan, Italy and has been published on the
website of UniCredit www.unicreditgroup.eu, as well as on the website of the Luxembourg Stock Exchange,
www.bourse.lu. Copies may be obtained, free of charge, from the Issuer at the address above.

1.
Series Number:
688
(a)
Tranche Number:
1
2.
Specified Currency or Currencies:
Euro ()
3.
Aggregate Nominal Amount:

(a)
Series:
50,000,000




(b)
Tranche:
50,000,000
4.
Issue Price:
100 per cent. of the Aggregate Nominal Amount
5.
Specified Denominations:
100,000 and integral multiples of 1,000 in excess
thereof up to and including 199,000. No Notes in
definitive form will be issued with a denomination
above 199,000.
(a)
Calculation Amount:
1,000
6.
Issue Date:
27 November 2020
(a)
Interest Commencement Date:
27 November 2020
7.
Maturity Date:
27 November 2030
8.
Interest Basis:
0.725 per cent. per annum Fixed Rate

(further particulars specified below)
9.
Redemption/Payment Basis:
100 per cent.
10.
Change of Interest Basis:
Not Applicable
11.
Call Options:
Issuer Call due to MREL or TLAC Disqualification
Event

(see paragraph 21 below)
12.
Status of the Notes:
Senior
(a)
Date of Board approval for 2 December 2019
issuance of Notes
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Note Provisions:
Applicable
(a)
Rate(s) of Interest:
0.725 per cent. per annum payable in arrear on each
Interest Payment Date
(b)
Interest Payment Date(s):
27 November in each year, starting on 27 November
2021, up to and including the Maturity Date.
(c)
Business Day Convention:
Following Business Day Convention (Unadjusted)
(d)
Fixed Coupon Amount(s):
7.25 per Calculation Amount
(e)
Broken Amount(s):
Not Applicable
(f)
Day Count Fraction:
Actual/Actual (ICMA)
(g)
Determination Dates:
27 November in each year




14.
Reset Note Provisions:
Not Applicable
15.
Floating Rate Note Provisions:
Not Applicable
16.
Inflation Linked Interest Note Provisions:
Not Applicable
17.
Zero Coupon Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
18.
Notice periods for Condition 8.2 of the
Minimum period: 5 days
Terms and Conditions for the English Law
Notes and Condition 10.3 of the Terms and Maximum period: 90 days
Conditions for the Italian Law Notes and
Condition 8.5 of the Terms and Conditions
for the English Law Notes and Condition
10.6 of the Terms and Conditions for the
Italian Law Notes:
19.
Issuer Call:
Not Applicable
20.
Regulatory Call:
Not Applicable
21.
Issuer Call due to MREL or TLAC Applicable
Disqualification Event:
22.
Final Redemption Amount:
100 per cent. per Calculation Amount
23.
Early Redemption Amount payable on As per Condition 10.7 (Early Redemption Amounts) of
redemption:
the Terms and Conditions for the Italian Law Notes
(i)
for taxation reasons (subject to See also paragraph 21 above
Condition 8.15 of the Terms and
Conditions for the English Law
Notes and Condition 10.16 of the
Terms and Conditions for the
Italian
Law
Notes)
as
contemplated by Condition 8.2 of
the Terms and Conditions for the
English Law Notes and Condition
10.3 of the Terms and Conditions
for the Italian Law Notes;
(ii)
for
MREL
or
TLAC
Disqualification Event (subject to
Condition 8.15 of the Terms and
Conditions for the English Law
Notes and Condition 10.16 of the
Terms and Conditions for the
Italian
Law
Notes)
as
contemplated by Condition 8.5 of
the Terms and Conditions for the
English Law Notes and Condition
10.6 of the Terms and Conditions
for the Italian Law Notes; or




(iii)
on event of default (subject to
Condition 8.15 of the Terms and
Conditions for the English Law
Notes and Condition 10.16 of the
Terms and Conditions for the
Italian Law Notes),
and/or the method of calculating the same
(if required or if different from that set out
in Condition 8.6 of the Terms and
Conditions for the English Law Notes and
Condition 10.7 of the Terms and
Conditions for the Italian Law Notes:
24.
Extendible Notes:
Not Applicable
25.
RMB Currency Event:
Not Applicable
26.
Relevant Currency:
Not Applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
27.
Form of Notes

(a)
Form of Notes:
Bearer Notes:

Temporary Bearer Global Note exchangeable for a
Permanent Bearer Global Note which is exchangeable for
definitive Notes upon an Exchange Event
(b)
New Global Note:
Yes
28.
Additional Financial Centre(s):
TARGET2 and London
29.
RMB Settlement Centre(s):
Not Applicable
30.
Talons for future Coupons to be attached No
to Definitive Notes:
31.
Governing law of the Conditions
Italian Law


Signed on behalf of UniCredit S.p.A.:


By:

Duly authorised

By:


Duly authorised





Part B ­ OTHER INFORMATION

1.
LISTING AND ADMISSION TO Application has been made by the Issuer (or on its behalf)
TRADING
for the Notes to be listed on the Official List of the
Luxembourg Stock Exchange and admitted to trading on
the Luxembourg Stock Exchange's regulated market with
effect from 27 November 2020.
(a)
Estimate
of
total
expenses 3,900
related to admission to trading:

2.
RATINGS
Ratings:
The Notes to be issued have been rated:
Baa1 by Moody's Investors Service España, S.A.
(Moody's)
Moody's is established in the European Union and is
registered under the Regulation (EC) No. 1060/2009 (as
amended) (the CRA Regulation).
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for the fee payable to the Dealer and for the fact that such Dealer, UniCredit Bank AG, is part of
the Issuer's Group, so far as the Issuer is aware, no person involved in the issue of the Notes has an
interest material to the offer. The Dealer and its 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 its affiliates in the ordinary course of business.
4.
USE AND ESTIMATED NET AMOUNT OF THE PROCEEDS
(a)
Use of the proceeds:
The net proceeds from the issue of the Notes will be
applied by the Issuer for its general corporate
purposes, which include making a profit.
(b)
Estimated net amount of the 49,875,000
proceeds:

5.
YIELD (Fixed Rate Notes only)
Indication of yield:
0.725 per cent.
6.
OPERATIONAL INFORMATION
(a)
ISIN Code:
XS2264169272
(b)
Common Code:
226416927
(c)
CUSIP:
Not Applicable
(d)
CINS:
Not Applicable
(e)
CFI:
DTFUFB, 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
(f)
FISN:
UNICREDIT SPA/MTN 20301127, 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
(g)
Any clearing system(s) other Not Applicable
than Euroclear and Clearstream
Luxembourg and the relevant
identification number(s):
(h)
Delivery:
Delivery against payment
(i)
Names
and
addresses
of Not Applicable
additional Paying Agent(s) (if
any):
(j)
Intended to be held in a manner Yes. Note that the designation "yes" simply means that the
which would allow Eurosystem Notes are intended upon issue to be deposited with one of
eligibility:
the ICSDs as common safekeeper and does not necessarily
mean that the Notes will be recognised as eligible

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.
7.
DISTRIBUTION

(i)
Method of distribution:
Non syndicated

(ii)
If
syndicated,
names
and Not Applicable
addresses
of
Managers
(specifying Lead Manager) and
underwriting commitments:
(iii)
Stabilisation
Manager(s)
(if Not Applicable
any):
(iv)
If non-syndicated, name and UniCredit Bank AG
address of relevant Dealer:

Arabellastrasse 12
81925 Munich
Germany
(v)
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
(vi)
Prohibition of Sales to EEA and Applicable
UK Retail Investors:

(vii)
EU Benchmark Regulation:
Not Applicable.