Obbligazione Caixa Geral de Depósitos, S.A. 0% ( XS0160043328 ) in EUR

Caixa Geral de Depósitos, S.A.

100 EUR ▲

Portogallo

XS0160043328 ( in EUR )

18/09/2018 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione CAIXA GERAL DE DEPOSITOS S.A XS0160043328 in EUR 0%, scaduta

Caixa Geral de Depósitos, S.A. è la più grande banca pubblica portoghese, che offre una vasta gamma di servizi finanziari a privati, aziende e istituzioni pubbliche.

The Obbligazione issued by Caixa Geral de Depósitos, S.A. ( Portugal ) , in EUR, with the ISIN code XS0160043328, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 18/09/2018

Pricing Supplement dated 18 December, 2002
Caixa Geral de Depósitos, acting through its Paris Branch

Issue of 110,000,000 Floating Rate Undated Subordinated Notes

under the 10,000,000,000 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 21 October 2002. This Pricing Supplement must be read in
conjunction with such Offering Circular.

1
(i)
Issuer:
Caixa Geral de Depósitos, S.A.,
acting through its Paris branch

(i ) Guarantor:
Not
Applicable
2
(i) Series
Number:
237

(ii) Tranche
Number:
Not Applicable

3
Specified Currency or Currencies:
Euro ("")
4
Aggregate Nominal Amount:

(i) Series:
110,000,000

(ii) Tranche:
Not
Applicable
5
(i) Issue
Price:
100 per cent. of the Aggregate
Nominal Amount

(ii) Net
proceeds:
110,000,000
6
Specified Denominations:
1,000, 10,000, 100,000
7
(i) Issue
Date:
18 December, 2002

(ii) Interest
Commencement
Date:
18 December, 2002
1

8
Maturity Date:
Undated
9
Interest Basis:
From and including Issue Date to
but excluding Optional Redemption
Date (as defined below): 3 month
EURIBOR + 130 b.p Floating Rate
From and including Optional
Redemption Date: 3 month
EURIBOR + 280b.p. Floating Rate
(further particulars specified below)
10 Redemption/Payment Basis:
Redemption at par
11 Change of Interest or Redemption/Payment
Not Applicable
Basis:
12 Put/Call Options:
Call
(further particulars specified below)
13 (i)
Status of the Notes:
Undated Subordinated (qualifying
as Upper Tier II)

(ii)
Status of the Guarantee:
Not Applicable
14 Listing: Luxembourg
Stock
Exchange
15 Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY)

PAYABLE
16
Fixed Rate Note Provisions
Not Applicable

17
Floating Rate Provisions
Applicable

(i)
Specified Period(s)/Specified Interest Quarterly in arrear on the Interest
Payment Dates:
Payment Dates falling on or nearest
to 18 March, 18 June, 18
September and 18 December in
each year

(ii)
Business Day Convention:
Modified Following Business Day
Convention

(iii) Additional
Business Centre(s) (Condition Not Applicable
5(k)):

(iv)
Manner in which the Rate(s) of Interest Screen Rate Determination
is/are to be determined:

(v)
Interest Period Date(s):
Not Applicable
2

(vi)
Party responsible for calculating the Not Applicable
Rate(s) of Interest and Interest
Amount(s) (if not the Calculation Agent):

(vii)
Screen Rate Determination (Condition
5(b)(iii)(B)):

·
Relevant Time:
11.00 a.m. (Central European time)

·
Interest Determination Date:
2 TARGET Business Days prior to
the first day of each Interest
Payment Date

·
Primary Source for Floating Bridge/Telerate page 248
Rate:

·
Reference Banks (if Primary Not Applicable
Source is "Reference Banks"):

·
Relevant Financial Centre:
Euro-zone

·
Benchmark:
EURIBOR

·
Representative Amount:
110,000,000

·
Effective Date:
Not Applicable

·
Specified Duration:
3 months

(viii)
ISDA Determination (Condition
Not Applicable
5(b)(iii)(A)):

(ix)
Margin(s):
From and including Issue Date to
but excluding Optional Redemption
Date: + 130 b.p. per annum
From and including Optional
Redemption Date: + 280 b.p. per
annum

(x)
Minimum Rate of Interest:
Not Applicable

(xi)
Maximum Rate of Interest:
Not Applicable

(xii)
Day Count Fraction (Condition 5(k)): Actual/360

(xiii) Rate
Multiplier: Not
Applicable

(xiv) Fall back provisions, rounding As set out in the Conditions
provisions, denominator and any other
terms relating to the method of
calculating interest on Floating Rate
Notes, if different from those set out in
the Conditions:
3

18
Zero Coupon Note Provisions
Not Applicable
19
Index Linked Interest Note Provisions
Not Applicable
20
Dual Currency Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
21 Call Option
Applicable

(i)
Optional Redemption Date(s):
On 18 December, 2012 and on
any subsequent Interest
Payment Date (subject to
approval by the Bank of
Portugal)

(ii) Optional
Redemption
Amount(s)
and
Optional Redemption is only
method, if any, of calculation of such possible in full and is to be
amount(s):
made at par

(iii)
If redeemable in part:
Not Applicable
(a)
Minimum nominal amount to be Not Applicable
redeemed:

(b)
Maximum nominal amount to be Not Applicable
redeemed:

(iv)
Option Exercise Date(s):
Not Applicable

(v)
Description of any other Issuer's option:
Not Applicable

(vi)
Notice period (if other than as set out in the 30 days (subject to the prior
Conditions):
approval of the Bank of
Portugal)
22 Put Option
Not Applicable
23 Final Redemption Amount
Nominal amount
24 Early Redemption Amount

(i)
Early Redemption Amount(s) payable on Nominal amount
redemption for taxation reasons (Condition
6(c)) or an event of default (Condition 10)
and/or the method of calculating the same
(if required or if different from that set out in
the Conditions):

(ii)
Redemption for taxation reasons permitted No
on days other than Interest Payment Dates
(Condition 6(c)):
4

(iii)
Unmatured Coupons to become void upon Yes
early redemption (Bearer Notes only)
(Condition 7(f)):

GENERAL PROVISIONS APPLICABLE TO THE NOTES
25 Form of Notes:
Bearer Notes

(i) Temporary or Permanent Global
Temporary Global Note
Note/Certificate:
exchangeable for a Permanent
Global Note which is
exchangeable for Definitive
Notes only upon an Exchange
Event

(ii) Applicable
TEFRA exemption:
D Rules
26 Additional Financial Centre(s) (Condition 7(h)) or
Not Applicable
other special provisions relating to payment dates:
27 Talons for future Coupons or Receipts to be
No
attached to Definitive Notes (and dates on which
such Talons mature):
28 Details relating to Partly Paid Notes: amount of
Not Applicable
each payment comprising the Issue Price and date
on which each payment is to be made and
consequences (if any) of failure to pay, including
any right of the Issuer to forfeit the Notes and
interest due on late payment:
29 Details relating to Instalment Notes:
Not Applicable
30 Redenomination, renominalisation and
Not Applicable
reconventioning provisions:
31 Consolidation provisions:
Not Applicable
5

32 (i)
Other terms or special conditions:
The following is added to the
end of Condition 3 (c):
In order to allow the Issuer and
the Bank to continue their
business activities (in
accordance with Bank of
Portugal Regulation 12/92), any
amounts which, under the terms
and conditions, would be
payable as principal or interest
under the Notes, will be
available to meet the losses of
the Issuer or of the Bank
provided that: (a) there has
been (i) consumption of the
whole of the reserves and
retained earnings; (ii) writing
down of the ordinary share
capital of the Issuer and the
Bank and (iii) writing down of
the Issuer's and the Bank's
preference shares (including
any preference share capital
guaranteed by the Bank) and;
(b) that therefore the Bank's
total shareholders equity and
the preference shares interests
of the Bank has been reduced
to zero.
In the above circumstances
where unpaid principal and
interest may be used to meet
the losses of the Issuer or of the
Bank, the unpaid amounts of the
interest first and then principal
will be cancelled and utilised to
the extent that may be
necessary to meet the losses of
the Issuer or of the Bank. The
cancelled amounts will only be
reinstated as subordinated
credits of the corresponding
holders as if such amounts had
never been written down or
cancelled in the event of (i) the
winding-up, liquidation or
bankruptcy of the Issuer or of
the Bank, such reinstatement
would take effect at the moment
which immediately precedes the
6

commencement of the winding-
up, liquidation or bankruptcy
proceedings; or of (ii) a decision
being taken by the shareholders
of the Issuer of the Bank in
order to allow a dividend to be
paid or to reinstate the cancelled
or written down amounts, in
each case further to the
approval of the Bank of
Portugal. In both the above
cases and all times, cancelled
or written down amounts will
revert to being treated as
subordinated credits of the
corresponding holders, without
prejudice to the subordination
regime applying thereto.
During any period of
cancellation or writing down
such cancelled or written down
amounts shall not bear interest.
The following is added to the
end of Conditions 3(c):
In the event of liquidation,
bankruptcy or analogous
proceedings of the Issuer or of
the Bank, no Noteholder (having
a debt or a liability towards the
Issuer or the Bank) may
exercise any set-off or other
similar rights against any
amounts held by the Issuer or
the Bank.
The following is added to the
end of the Condition 5(m):
Payment of Arrears of Interest is
subject to approval by the Bank
of Portugal.
Redemption for Tax Reasons
pursuant to Condition 6(c) is
also subject to approval by the
Bank of Portugal.
7

(ii)
Applicable tax regime for the Notes:
Not Applicable

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

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

(iii) Dealer's
Commission:
0
34 If non-syndicated, name of Dealer:
Caixa Geral de Depósitos, S.A.
35 Additional sel ing restrictions:
Not Applicable
OPERATIONAL INFORMATION
36 ISIN Code:
XS0160043328
37 Common Code:
016004332
38 Any clearing system(s) other than Euroclear,
Not Applicable
Clearstream, Luxembourg and DTC and the
relevant identification number(s):
39 Delivery: Delivery
against
payment
40 The Agents appointed in respect of the Notes are:
Issuing and Paying Agent:
Citibank, N.A.
Listing Agent: Dexia Banque
Internationale à Luxembourg,
S.A.
GENERAL

41 Additional steps that may only be taken following
Not Applicable
approval by an Extraordinary Resolution in
accordance with Condition 11(a):
42 The aggregate principal amount of Notes issued
Not Applicable.
has been translated into euro at the rate of [·],
producing a sum of (for Notes not denominated in
euro)

43 Applicability of payments of Additional Amounts
Not Applicable
pursuant to Condition 8 by CGD:

8

LISTING APPLICATION
This Pricing Supplement comprises the details required to list the issue of Notes described herein
pursuant to the listing of the 10,000,000,000 Euro Medium Term Note Programme of Caixa Geral
de Depsitos Finance, Caixa Geral de Depsitos, S.A., acting through its Madeira branch
(Sucursal Financeira Exterior), Caixa Geral de Depósitos, S.A. acting through its Paris branch and
Caixa Geral de Depósitos, S.A.
MATERIAL ADVERSE CHANGE STATEMENT

There has been no significant change in the financial or trading position of the Issuer or of the
Group since 31st December, 2001 and no material adverse change in the financial position or
prospects of the Issuer or of the Group since 31st December, 2001.
RESPONSIBILITY

The Issuer accepts responsibility for the information contained in this Pricing Supplement which,
when read together with the Offering Circular referred to above, contains all information that is
material in the context of the issue of the Notes.

Signed on behalf of the Issuer:

By: ________________________
Duly authorised

9