Obbligazione CEZAS 3% ( XS0940293763 ) in EUR

CEZAS

100 EUR ⇌

Rep. Ceca

XS0940293763 ( in EUR )

3% per anno ( pagato 1 volta l'anno)

05/06/2028 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione CEZ AS XS0940293763 in EUR 3%, scaduta

CEZ AS è una società energetica ceca attiva nella produzione, distribuzione e vendita di energia elettrica e gas.

The Obbligazione issued by CEZAS ( Czech Republic ) , in EUR, with the ISIN code XS0940293763, pays a coupon of 3% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 05/06/2028

FINAL TERMS
PROHIBITION OF SALES TO EEA RETAIL INVESTORS  The Notes, from January 1, 2018, are not intended
to be offered, sold or otherwise made available to and, with effect from such date, should not be offered, sold or
otherwise made available to any retail investor in the European Economic Area ("EEA"). 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 ("MiFID II"); (ii) a customer within the meaning of Directive 2002/92/EC ("IMD"), 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 Directive 2003/71/EC (as amended, the "Prospectus Directive"). Consequently no key
information document required by Regulation (EU) No 1286/2014 (the "PRIIPs Regulation") for offering or selling the
Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or
selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the
PRIIPs Regulation.
September 18, 2017
CEZ, a. s.
Issue of 225,000,000 3.00 per cent. Notes due 2028
(to be consolidated and form a single series with the existing
500,000,000 3.00 per cent. Notes due 2028 issued on June 5, 2013 (the "Existing Notes"))
under the 8,000,000,000
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 Conditions (the "Conditions")
set forth in the Base Prospectus dated April 19, 2013, which Conditions are incorporated by reference in the Base
Prospectus dated April 21, 2017. This document constitutes the Final Terms of the Notes described herein for the
purposes of Article 5.4 of the Prospectus Directive (Directive 2003/71/EC) (the "Prospectus Directive") and must be
read in conjunction with the Base Prospectus dated April 21, 2017 (the "Base Prospectus") which constitutes a base
prospectus for the purposes of the Prospectus Directive, including the Conditions incorporated by reference in the Base
Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of
these Final Terms and the Base Prospectus. The Base Prospectus has been published on the website of the Luxembourg
Stock Exchange (www.bourse.lu).
1.
(a)
Series Number:
26
(b)
Tranche Number:
2
(c)
Date on which the Notes will be
The Notes will be consolidated and form a single series with
consolidated and form a single
the Existing Notes on exchange of the Temporary Global Note
series:
for interests in the Permanent Global Note, as referred to in
paragraph 22, which is expected to occur on or about October
30, 2017 (the "Consolidation Date")
2.
Specified Currency or Currencies:
euro ("")
3.
Aggregate Nominal Amount:

(a)
Series:
725,000,000
(b)
Tranche:
225,000,000
4.
Issue Price:
111.937 per cent. of the Aggregate Nominal Amount plus 107
days' accrued interest of 1,978,767.12 in respect of the period

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from (and including) the Interest Commencement Date to (but
excluding) the Issue Date
5.
(a)
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
(b)
Calculation Amount (in relation to
1,000
calculation of interest for Notes in
global form see Conditions):
6.
(a)
Issue Date:
September 20, 2017
(b)
Interest Commencement Date:
June 5, 2017
7.
Maturity Date:
June 5, 2028
8.
Interest Basis:
3.00 per cent. Fixed Rate

(further particulars specified below)
9.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early redemption,
the Notes will be redeemed on the Maturity Date at 100 per
cent. of their nominal amount
10.
Change of Interest Basis:
Not Applicable
11.
Put/Call Options:
Change of Control Put
12.
Date Board approval for issuance of Notes
Approved by resolutions of the Board of Directors of the Issuer
obtained
dated May 28, 2007, February 14, 2011 and April 10, 2012 and
resolutions of the Supervisory Board of the Issuer dated June
28, 2007 and February 24, 2011
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Note Provisions
Applicable
(a)
Rate(s) of Interest:
3.00 per cent. per annum payable in arrear on each Interest
Payment Date
(b)
Interest Payment Date(s):
June 5 in each year (commencing on June 5, 2018) up to and
including the Maturity Date
(c)
Fixed Coupon Amount(s) for Notes
30.00 per Calculation Amount
in definitive form (and in relation
to Notes in global form see
Conditions):
(d)
Broken Amount(s) for Notes in
Not Applicable
definitive form (and in relation to
Notes
in
global
form
see
Conditions):
(e)
Day Count Fraction:
Actual/Actual (ICMA)

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PART B OTHER INFORMATION

1.
LISTING AND ADMISSION TO TRADING
(i)
Listing and Admission to trading:
Application has been made by the Issuer (or on its behalf) for the
Notes to be admitted to trading on the Regulated Market of the
Luxembourg Stock Exchange, and admission to the Official
List of the Luxembourg Stock Exchange with effect from
September 20, 2017.
(ii)
Estimate of total expenses related
1,800
to admission to trading:
2.
RATINGS
Ratings:
The Notes to be issued are expected to be rated:

Standard & Poor's Credit Market Services Europe Limited
("S&P"): A-

Moody's Investors Service Ltd. ("Moody's"): Baa1
S&P and Moody's are established in the European Union and
are registered under Regulation (EC) No. 1060/2009, as
amended.
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for any fees payable to the Joint Lead Managers, so far as the Issuer is aware, no person involved in the
issue of the Notes has an interest material to the offer. The Joint Lead Managers and their affiliates have
engaged, and may in 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.
YIELD
Indication of yield:
1.766 per cent. per annum
5.
OPERATIONAL INFORMATION
(i)
ISIN Code:
Until the Notes are consolidated and form a single series with
the Existing Notes on the Consolidation Date, XS1685806900

As of the Consolidation Date, XS0940293763
(ii)
Common Code:
Until the Notes are consolidated and form a single series with
the Existing Notes on the Consolidation Date, 168580690

As of the Consolidation Date, 094029376
(iii)
Name and address of any clearing
Not Applicable
system(s) other than Euroclear
Bank S.A./N.V. and Clearstream
Banking, S.A. and the relevant
identification number(s):

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(iv)
Delivery:
Delivery against payment
(v)
Names and addresses of additional
Not Applicable
Paying Agent(s) (if any):
(vi)
Deemed delivery of
Clearing
Any notice delivered to Noteholders through the clearing
System notices for the purpose of
systems will be deemed to have been given on the second day
Condition 13:
after the day on which it was given to Euroclear, and
Clearstream, Luxembourg.
(vii)
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 the
eligibility:
ICSDs as common safekeeper and does not necessarily mean
that the Notes will be recognized 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.
6.
DISTRIBUTION

(i)
Method of distribution:
Syndicated
(ii)
If syndicated, names of Managers:
BNP Paribas
HSBC Bank plc
Société Générale
(the "Joint Lead Managers")
(iii)
Date of Subscription Agreement:
September 18, 2017
(iv)
Stabilization Manager(s) (if any):
Not Applicable
(v)
If non-syndicated, name of relevant
Not Applicable
Dealer:
(vi)
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
(vii)
Prohibition of Sales to EEA Retail
Not Applicable
Investors:

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