Obbligazione Kommuninvest Sverige 0.875% ( XS0981932279 ) in USD

Emittente Kommuninvest Sverige
Prezzo di mercato 100 USD  ▼ 
Paese  Svezia
Codice isin  XS0981932279 ( in USD )
Tasso d'interesse 0.875% per anno ( pagato 2 volte l'anno)
Scadenza 13/12/2016 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Kommuninvest i Sverige XS0981932279 in USD 0.875%, scaduta


Importo minimo 200 000 USD
Importo totale 1 250 000 000 USD
Descrizione dettagliata Kommuninvest i Sverige è una società di finanziamento pubblica svedese che fornisce prestiti a lungo termine a comuni e regioni svedesi.

Il mercato obbligazionario ha visto la recente conclusione dell'emissione identificata dal codice ISIN XS0981932279, un titolo di debito emesso da Kommuninvest i Sverige; Kommuninvest i Sverige, un'istituzione finanziaria svedese di proprietà congiunta di comuni e contee svedesi, svolge un ruolo cruciale come fornitore di finanziamenti al settore pubblico svedese, contribuendo alla stabilità e allo sviluppo delle infrastrutture e dei servizi locali; la sua missione principale è offrire soluzioni di finanziamento competitive e sostenibili ai propri membri, fungendo da cassa comune e garantendo accesso ai mercati dei capitali internazionali con un elevato rating di credito, a beneficio degli enti locali svedesi; l'obbligazione in questione, denominata in dollari statunitensi (USD), presentava un tasso d'interesse fisso dello 0,875% su base annuale, con pagamenti semestrali (frequenza di pagamento 2); l'emissione totale ammontava a 1.250.000.000 USD, con una dimensione minima di acquisto fissata a 200.000 USD, rendendola accessibile a investitori qualificati; originariamente collocata in Svezia, questa obbligazione ha raggiunto la sua scadenza il 13 dicembre 2016 e, al momento della scadenza, il titolo è stato rimborsato al 100% del suo valore nominale, confermando il completo adempimento degli obblighi da parte dell'emittente nei confronti degli investitori e segnando la conclusione del ciclo di vita del titolo sul mercato.








FINAL TERMS
11 October 2013
Kommuninvest i Sverige Aktiebolag (publ)
Issue of U.S.$1,250,000,000 0.875% Fixed Rate Notes due 13 December 2016
Guaranteed by certain county councils of Sweden and certain municipalities of Sweden under the
25,000,000,000 Note Programme
PART 1
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 June 2013, as supplemented by the prospectus supplement dated 3 September 2013
(together, the Base Prospectus) which constitutes a base prospectus for the purposes of the Luxembourg act
relating to prospectuses for securities (loi relative aux prospectus pours valeurs mobilières). This document
constitutes the Final Terms of the Notes described herein and must be read in conjunction with 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.

1.
(a)
Series Number:
1678
(b) Tranche Number:
1
2.
Specified Currency or Currencies:
U.S. Dollars
3.
Aggregate Nominal Amount:


Tranche:
U.S.$1,250,000,000

Series:
U.S.$1,250,000,000
4.
Issue Price of Tranche:
99.693% of the Aggregate Nominal Amount
5.
(a)
Specified Denomination(s):
U.S.$200,000 and integral multiples of U.S.$1,000 in
excess thereof
(b)
Calculation Amount:
U.S.$1,000
6.
Issue Date and Interest Commencement
15 October 2013
Date:
7.
Maturity Date:
13 December 2016
8.
Interest Basis:
0.875% Fixed Rate
9.
Redemption/Payment Basis:
Redemption at par
10.
Change of Interest Basis or
Not Applicable
Redemption/Payment Basis:
11.
Put/Call Options:
Not Applicable





12.
Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Note Provisions
Applicable
(a)
Rate of Interest:
0.875% per annum payable semi-annually in arrear
(b)
Interest Payment Date(s):
13 June and 13 December in each year from and
including 13 December 2013, up to and including the
Maturity Date. There will be a short first Interest
Period from (and including) the Issue Date up to, but
excluding, 13 December 2013.
(c)
Fixed Coupon Amount(s):
U.S.$4.375 per Calculation Amount
(d)
Broken Amount(s):
$1.41 per Calculation Amount, payable on the Interest
Payment Date falling on 13 December 2013
(e)
Day Count Fraction:
30/360
(f)
Determination Date(s):
Not Applicable
(g)
Other terms relating to the method
None
of calculating interest for Fixed
Rate Notes:
14.
Floating Rate Note Provisions
Not Applicable
15.
Zero Coupon Note Provisions
Not Applicable
16.
Index Linked Interest Note Provisions
Not Applicable
17.
Dual Currency Interest Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
18.
Issuer Call:
Not Applicable
19.
Investor Put:
Not Applicable
20.
Final Redemption Amount:
U.S.$1,000 per Calculation Amount
21.
Early Redemption Amount(s) payable on
U.S.$1,000 per Calculation Amount
redemption for taxation reasons or on event
of default and/or the method of calculating
the same (if required or if different from
that set out in Condition 8.5):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
22.
(a)
Form of Notes:
REGISTERED NOTES
Regulation S Global Note (U.S.$756,800,000 nominal


2






amount) registered in the name of a nominee for a
common depositary for Euroclear and Clearstream,
Luxembourg

Rule 144A Global Note (U.S.$493,200,000 nominal
amount) registered in the name of a nominee for DTC
(b)
New Global Note
No
23.
Additional Financial Centre(s) or other
The Additional Financial Centres: London
special provisions relating to Payment
Dates:
For the avoidance of doubt, the principal financial
centre is New York.
24.
Talons for future Coupon or Receipts to be
No
attached to Definitive Notes in bearer form
(and dates on which such Talons mature):
25.
Details relating to Partly Paid Notes:
Not Applicable
amount of each payment comprising the
Issue Price and date on which each payment
is to be made and, if different from those
specified in the Temporary Global Note,
consequences of failure to pay, including
any right of the Issuer to forfeit the Notes
and interest due on late payment:
26.
Details relating to Instalment Notes:
Not Applicable
(a)
Instalment Amount(s):
Not Applicable
(b)
Instalment Date(s):
Not Applicable
27.
Redenomination:
Redenomination not applicable
28.
Other final terms:
Not Applicable
29.
The names of the Guarantors as at the issue See attached Guarantee dated 7 May 1993, as
date of the relevant Tranche and details of
amended
the date, form and other relevant details of
the Guarantee given by such Guarantors:
DISTRIBUTION


30.
(a)
If syndicated, names of Managers:
Daiwa Capital Markets Europe Limited
Goldman Sachs International
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Nordea Bank Danmark A/S
Mitsubishi UFJ Securities International plc
Mizuho International plc
Nomura International plc
SMBC Nikko Capital Markets Limited
Tokai Tokyo Securities Europe Limited


3






(b)
Stabilising Manager(s) (if any):
Not Applicable
(c)
Names of Financial Intermediaries
Not Applicable
(if any):
31.
If non-syndicated, name of relevant Dealer: Not Applicable
32.
Total commission and concession:
0.10% of the Aggregate Nominal Amount
33.
U.S. Selling Restrictions:
Regulation S Compliance Category 2; Rule 144A and
3(c)(7) QPs; TEFRA not applicable
34.
Additional selling restrictions:
Not Applicable
35.
Additional U.S. Federal income tax
Not Applicable
considerations:
36.
Additional ERISA considerations:
Not Applicable
37.
Secondary (uridashi) offerings of Notes to
No
be made in Japan and (i) the relevant
Securities Registration Statements or (ii)
Amendments or Supplemental Documents
to Shelf Registration Statements under
Financial Instruments and Exchange Act of
Japan (Law No. 25 of 1948, as amended) in
respect of the Notes were filed prior to 13
June 2013:
LISTING AND ADMISSION TO TRADING APPLICATION
These Final Terms comprise the final terms required for admission to the Official List of the Luxembourg
Stock Exchange and admission to trading on the regulated market of the Luxembourg Stock Exchange of the
issue of Notes described herein pursuant to the 25,000,000,000 Note Programme of Kommuninvest i
Sverige Aktiebolag (publ).


4








PART 2
OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING
Listing and admission to trading:
Application has been made for the Notes to be
admitted to the Official List of the Luxembourg Stock
Exchange and to trading on the regulated market of
the Luxembourg Stock Exchange with effect from 15
October 2013.
2.
RATINGS
Ratings:
The Notes to be issued have been rated:

Moody's:
Aaa

S&P:
AAA
3.
REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(a)
Reasons for the offer:
The net proceeds from the issue of Notes will be
applied for the general financing activities of the
Issuer, which include making a profit.
(b)
Estimated net proceeds:
U.S.$ 1,244,912,500
(c)
Estimated total expenses:
Not Applicable.
4.
YIELD (Fixed Rate Notes only)

Indication of yield:
0.974% semi-annual

The yield is calculated at the Issue Date on the basis
of the Issue Price. It is not an indication of future
yield.
5.
OPERATIONAL INFORMATION
(a)
ISIN Code:
Rule 144A: US50046PAJ49
Reg S: XS0981932279
(b)
Common Code:
Rule 144A: 098193294
Reg S: 098193227
(c)
CUSIP:
Rule 144A: 50046PAJ4
(d)
CINS:
Not Applicable
(e)
Any clearing system(s) other than
Not Applicable
DTC, Euroclear and Clearstream,


6






Luxembourg and the relevant
identification number(s):
(f)
Agent:
Deutsche Bank AG, London Branch for the Notes to
be represented by the Regulation S Global Note
Deutsche Bank Trust Company Americas for the
Notes to be represented by the Rule 144A Global
Note
(g)
Delivery:
Delivery against payment for the Notes to be
represented by the Regulation S Global Note
Delivery free of payment for the Notes to be
represented by the Rule 144A Global Note
(h)
Names and address of additional or Not Applicable
alternative Paying Agent(s) (if any):
(i)
Intended to be held in a manner
No. Whilst the designation is specified as "no" at the
which would allow Eurosystem
date of these Final Terms, should the Eurosystem
eligibility:
eligibility criteria be amended in the future such that
the Notes are capable of meeting them the Notes
may then be deposited with one of the ICSDs as
common safekeeper , and registered in the name of a
nominee of one of the ICSDs acting as common
safekeeper. Note that this does not mean that the
Notes will be recognised as eligible collateral for
Eurosystem monetary policy and intra day credit
operations by the Eurosystem at any time during
their life. Such recognition will depend upon the
ECB being satisfied that Eurosystem eligibility
criteria have been met.




7










Document Outline