Obbligazione Iberdrola Energía 5.8% ( XS0160020540 ) in EUR

Emittente Iberdrola Energía
Prezzo di mercato 100 EUR  ▼ 
Paese  Spagna
Codice isin  XS0160020540 ( in EUR )
Tasso d'interesse 5.8% per anno ( pagato 1 volta l'anno)
Scadenza 27/12/2022 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Iberdrola XS0160020540 in EUR 5.8%, scaduta


Importo minimo 200 000 EUR
Importo totale 20 000 000 EUR
Descrizione dettagliata Iberdrola è una multinazionale spagnola operante nel settore delle energie rinnovabili e della fornitura di energia elettrica e gas.

The Obbligazione issued by Iberdrola Energía ( Spain ) , in EUR, with the ISIN code XS0160020540, pays a coupon of 5.8% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 27/12/2022







PRICING SUPPLEMENT
dated 27 December 2002


Iberdrola International B.V.
(Incorporated with limited liability in the Netherlands and having its corporate seat in Amsterdam)
Issue of EUR 20,000,000 Fixed Rate Notes due 27 December 2022
Guaranteed by Iberdrola, S.A.
Under the EUR 5,000,000,000
Euro Medium Term Note Programme

This document constitutes the Pricing Supplement relating to the issue of Notes
described herein. Terms used herein shall be deemed to be defined as such for the
purposes of the Conditions set forth in the Offering Circular dated 11 September 2002.
This Pricing Supplement must be read in conjunction with such Offering circular.


1.
(i)
Issuer:
Iberdrola International B.V.

(ii)
Guarantor:
Iberdrola,
S.A.

2. (i)
Series
Number:
36

(ii)
Tranche
Number:
1

3.
Specified Currency or Currencies:
EURO ("EUR")

4.
Aggregate Nominal Amount:
20,000,000

5.
Issue Price:
99.75 per cent. of the Aggregate
Nominal Amount



Net proceeds: EUR 19,950,000

6.
Specified Denominations:
EUR 200,000

7.
(i)
Issue Date:
27 December 2002


(ii) Interest Commencement Date:
27 December 2002

8.
Maturity Date:
27 December 2022

9.
Interest Basis:
Fixed rate







10.
Redemption/Payment Basis:
Redemption at par

11.
Change of Interest or Redemption/
N/A
Payment
Basis:

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12. Put/Call
Options:
N/A

13.
(i)
Status of the Notes:
Senior


(ii) Status of the Guarantee:
Senior

14.
Listing:
Luxembourg Stock Exchange

15.
Method of distribution:
Non-syndicated

RATINGS

16.
Rating(s):
A1 (MOODY'S)







A+(S&P)







AA- (FITCH)


PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

17.
Fixed Rate Note Provisions
Applicable


(i) Rate of Interest:
5.80 per cent per annun payable
annually in arrears.


(ii) Interest Payment Dates:
On 27 December in each year.


(iii) Fixed
Coupon
Amounts:
EUR 11,600 per each EUR
200,000 nominal amount Note

(iv)
Broken
Amount(s):
N/A


(v) Business Day Convention:
Following
Business
Day
Convention.


(vi) Additional Business Centre:
TARGET and London


(vii) Day Count Fraction:
30/360 unadjusted

18.
Floating Rate Note Provisions
N/A

19.
Zero Coupon Note Provisions
N/A

20.
Index/Formula Linked Note Provisions
N/A

21.
Dual Currency Note Provisions
N/A



PROVISION RELATING TO REDEMPTION

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22. Call
Option:
N/A


23. Put
Option:
N/A

24.
Final Redemption Amount:
Par

25.
Early Redemption Amount:
Par plus accrued interest to but
excluding the date fixed for
redemption (payable on
redemption by taxation reasons
or on event of default)

GENERAL PROVISIONS APPLICABLE TO THE NOTES

26.
Form of the Notes:
Bearer Notes:


Temporary Global Note
exchangeable for a Permanent
Global Note which is
exchangeable for Definitive
Notes in the limited
circumstances specified in the
Permanent Global Note.

27.
Additional Financial Centre(s) or other

special provisions relating to Payment Dates: TARGET and London


28.
Talons for future Coupons or Receipts to be N/A

attached to Definitive Notes (and dates on

which such Talons mature):


29.
Detail relating to Partly Paid Notes: amount N/A

of each payment comprising the Issue Price

and date on which each payment is to be made

and the consequences (if any) of failure to pay,

including any right of the Issuer to forfeit the

Notes and interest due on late payment:

30.
Details relating to Instalment Notes: amount N/A

of each instalment, date on which each

payment is to be made:

31.
Other terms or special conditions:
N/A


PROVISIONS RELATING TO REDENOMINATION AND/OR EXCHANGEABILITY


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32. Redenomination
N/A

33. Exchangeability
N/A

DISTRIBUTION

34.
(i)
If syndicated, name of Managers:
N/A


(ii) Stabilising Manager (if any):
N/A

35.
If not-syndicated, name of Dealer:
Canadian Imperial Bank of
Commerce, London Branch

36.
Additional selling restrictions:
N/A

37.
Netherlands/Global Selling Restriction:
Selling restriction 1 (iii) applies

OPERATION INFORMATION

38. ISIN
Code:
XS0160020540

39. Common
Code:
016002054

40.
Any clearing system(s) other than
N/A

Euroclear and Clearstream

and the relevant identification number(s):

41.
Delivery:
Delivery against payment

42.
Additional Paying Agent(s) (if any):
N/A


LISTING APPLICATION


This Pricing Supplement comprises the details required to list the issue of Notes
described herein pursuant to the listing of the EUR 5,000,000,000 Euro Medium Term
Note Programme of Iberdrola International B.V.


RESPONSIBILITY


The Issuer and Guarantor accept responsibility for the information contained in this
Pricing Supplement.


Signed on behalf of the Issuer:

By: ..............................................

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Duly
authorized

Signed on behalf of the Guarantor:

By: ..............................................
Duly
authorized

Signed on behalf of the Agent:

By: ..............................................
Duly
authorized


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