Obbligazione OP Yrityskassi Oyj 0.186% ( XS1823485112 ) in EUR

OP Yrityskassi Oyj

100 EUR ▲

Finlandia

XS1823485112 ( in EUR )

0.186% per anno ( pagato 4 volte l'anno)

23/05/2021 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione OP Yrityspankki Oyj XS1823485112 in EUR 0.186%, scaduta

100 000 EUR

500 000 000 EUR

OP Yrityspankki Oyj è una banca finlandese che offre servizi finanziari alle aziende, inclusi prestiti, finanziamenti e gestione del patrimonio.

The Obbligazione issued by OP Yrityskassi Oyj ( Finland ) , in EUR, with the ISIN code XS1823485112, pays a coupon of 0.186% per year.
The coupons are paid 4 times per year and the Obbligazione maturity is 23/05/2021

MiFID II product governance / Professional investors and eligible counterparties only
target market  Solely for the purposes of each manufacturer's product approval process, the
target market assessment in respect of the Instruments has led to the conclusion that: (i) the
target market for the Instruments is eligible counterparties and professional clients only, each
as defined in Directive 2014/65/EU (as amended, "MiFID II"); and (ii) all channels for
distribution of the Instruments to eligible counterparties and professional clients are
appropriate. Any person subsequently offering, selling or recommending the Instruments (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 Instruments (by either adopting or refining the manufacturers'
target market assessment) and determining appropriate distribution channels.
Final Terms dated 18 May 2018
OP Corporate Bank plc
(Incorporated in Finland with limited liability)
(the "Bank" or the "Issuer")
Issue of EUR 500,000,000 Floating Rate Instruments due May 2021
under the EUR 20,000,000,000 Programme for the Issuance of Debt Instruments
Part A 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 16 February 2018 and the supplemental base prospectuses
dated 2 March 2018 and 8 May 2018 (together, the "Base Prospectus") which constitute a base
prospectus for the purposes of the Prospectus Directive. This document constitutes the Final
Terms of the Instruments described herein for the purposes of Article 5.4 of the Prospectus
Directive and must be read in conjunction with such Base Prospectus. Full information on the
Bank and the offer of the Instruments is only available on the basis of the combination of these
Final Terms and the Base Prospectus.
The Base Prospectus is available for viewing (i) during normal business hours at the registered
office of OP Corporate Bank plc at Gebhardinaukio 1, FIN-00510 Helsinki, Finland and the
offices of The Bank of New York Mellon, London Branch at One Canada Square, London E14
5AL, United Kingdom and (ii) on the websites of OP Corporate Bank plc (www.op.fi/op-
financial-group/debt-investors/issuers/op-corporate-bank-plc/emtn-base-prospectuses)
and
the Irish Stock Exchange plc trading as Euronext Dublin ("Euronext Dublin") (www.ise.ie).
Copies of the Base Prospectus may also be obtained from the registered office of OP Corporate
Bank plc at Gebhardinaukio 1, FIN-00510 Helsinki, Finland and the offices of The Bank of
New York Mellon, London Branch at One Canada Square, London E14 5AL, United Kingdom.
1.
Issuer:
OP Corporate Bank plc
2.
(i)
Series Number:
214

(ii)
Tranche Number:
1

(iii)
Date on which the
Not Applicable
Instruments become
fungible:
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3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount of

Instruments:

(i)
Series:
EUR 500,000,000

(ii)
Tranche:
EUR 500,000,000
5.
Issue Price:
100.916 per cent. of the Aggregate Nominal
Amount
6.
(i)
Specified Denominations:
EUR 100,000 and integral multiples of EUR
1,000 in excess thereof up to and including
EUR 199,000. No Definitive Instruments will
be issued with a denomination above EUR
199,000

(ii)
Calculation Amount:
EUR 1,000
7.
(i)
Issue Date:
22 May 2018

(ii)
Interest Commencement
Issue Date
Date:
8.
Maturity Date:
Interest Payment Date falling in or nearest to
May 2021
9.
Interest Basis:
3 month EURIBOR + 0.5 per cent. Floating
Rate
Condition 5B. (Interest-Floating Rate)
(see paragraph 18 below)

10. Redemption/Payment Basis:
Redemption at par
11. Change of Interest or Redemption/
Not Applicable
Payment Basis:
12. Put/Call Options:
Not Applicable
13. Status of the Instruments:
Unsubordinated
14. Date Board approval for issuance of
Not Applicable
Instruments obtained:
15. Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Instrument Provisions
Not Applicable
17. Resettable Instrument Provisions
Not Applicable
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18. Floating Rate Instrument
Applicable
Provisions

(i)
Interest Period(s):
Quarterly

(ii)
Specified Interest Payment
22 February, 22 May, 22 August and 22
Dates:
November in each year from and including 22
August 2018, up to and including the Maturity
Date, subject in each case to adjustment in
accordance with the Business Day Convention

(iii)
First Interest Payment Date:
22 August 2018

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

(v)
Business Centre(s):
Not Applicable

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

(vii)
Party responsible for
Not Applicable
calculating the Rate(s) of
Interest and/or Interest
Amount(s) (if not the Fiscal
Agent):

(viii) Screen Rate Determination:

·
Reference Rate:
3 month EURIBOR

·
Relevant Time:
11.00 a.m. Brussels time

·
Interest Determination The second TARGET2 Settlement Day prior
Date(s):
to the first day of each Interest Period

·
Relevant Screen Page: Reuters Screen, EURIBOR01 (or any
successor or replacement page)

(ix)
Swap-related (ISDA):
Not Applicable

(x)
Linear Interpolation:
Not Applicable

(xi)
Margin(s):
+0.5 per cent. per annum

(xii)
Minimum Rate of Interest:
Not Applicable

(xiii) Maximum Rate of Interest:
Not Applicable

(xiv) Day Count Fraction:
Actual/360
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19. Zero Coupon Instrument
Not Applicable
Provisions
PROVISIONS RELATING TO REDEMPTION
20. Call Option
Not Applicable
21. Put Option
Not Applicable
22. Final Redemption Amount
EUR 1,000 per Calculation Amount
23. Early Redemption Amount

Early Redemption Amount(s) per
EUR 1,000 per Calculation Amount
Calculation Amount payable on
redemption for taxation reasons or on
event of default or other early
redemption:
GENERAL PROVISIONS APPLICABLE TO THE INSTRUMENTS
24. Form of Instruments:
Bearer Instruments:
Temporary Global Instrument exchangeable
for a Permanent Global Instrument which is
exchangeable for Definitive Instruments in the
limited circumstances specified in the
Permanent Global Instrument
25. New Global Instrument (for Bearer
Yes
Instruments):

26. New Safekeeping Structure (for
Not Applicable
Registered Instruments):

27. Financial Centre(s) or other special
Not Applicable
provisions relating to payment dates:
28. Talons for future Coupons or
No
Receipts to be attached to Definitive
Instruments (and dates on which
such Talons mature):
29. Redenomination, renominalisation
Not Applicable
and reconventioning provisions
(Condition 16):
30. Substitution or variation following a
Not Applicable
Capital Event:
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31. Prohibition of Sales to EEA Retail
Not Applicable
Investors:

Signed on behalf of the Bank:

By: :.................................
By:.................................
Duly authorised
Duly authorised

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Part B Other Information
1.
LISTING AND ADMISSION TO TRADING

Admission to trading:
Application has been made to the Euronext
Dublin for the Instruments to be admitted to the
Official List and to trading on its regulated
market with effect from the Issue Date

Estimate of total expenses related to
EUR 600
admission to trading:
2.
RATINGS

The Instruments to be issued are expected to be rated:

Standard & Poor's Credit Market Services Europe Limited: AA-

Moody's Investors Service Ltd: Aa3
3.
USE OF PROCEEDS

The proceeds of the issue of the Instruments will be used by the Bank for general
corporate purposes
4.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE
ISSUE/OFFER

Save as discussed in "Subscription and Sale" in the Base Prospectus, so far as the Bank
is aware, no person involved in the offer of the Instruments has an interest material to the
offer
5.
OPERATIONAL INFORMATION

ISIN:
XS1823485112

Common Code:
182348511

Any clearing system(s) other than
Not Applicable
Euroclear Bank SA/NV and
Clearstream Banking, société
anonyme and the relevant
identification number(s):

Delivery:
Delivery against payment

Names and addresses of additional
Not Applicable
Paying Agent(s) (if any):

New Global Instrument intended to be Yes. Note that the designation "Yes" simply
held in a manner which would allow
means that the Instruments are intended upon
Eurosystem eligibility:
issue to be deposited with one of the ICSDs as
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common safekeeper and does not necessarily
mean that the Instruments will be recognised as
eligible collateral for Eurosystem monetary
policy and intraday 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) If syndicated, names of
Joint Lead Managers:
Managers:
Citigroup Global Markets Limited
J.P. Morgan Securities plc
OP Corporate Bank plc

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

(iii) Date of Subscription Agreement: 18 May 2018

If non-syndicated, name and address
Not Applicable
of Dealer:

U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D

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