Obbligazione OP Yrityskassi Oyj 0.375% ( XS1956022716 ) in EUR

OP Yrityskassi Oyj

100 EUR ⇌

Finlandia

XS1956022716 ( in EUR )

0.375% per anno ( pagato 1 volta l'anno)

26/02/2024 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione OP Yrityspankki Oyj XS1956022716 in EUR 0.375%, scaduta

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 XS1956022716, pays a coupon of 0.375% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 26/02/2024

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.
Singapore Securities and Futures Act Product Classification Solely for the purposes of
its obligations pursuant to sections 309B(1)(a) and 309B(1)(c) of the Securities and Futures
Act (Chapter 289 of Singapore) (the "SFA"), the Issuer has determined, and hereby notifies all
relevant persons (as defined in section 309A of the SFA) that the Instruments are "prescribed
capital markets products" (as defined in the Securities and Futures (Capital Markets Products)
Regulations 2018) and "Excluded Investment Products" (as defined in MAS Notice SFA 04-
N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on
Recommendations on Investment Products).
Final Terms dated 22 February 2019
OP Corporate Bank plc
(Incorporated in Finland with limited liability)
(the "Bank" or the "Issuer")
Legal Entity Identifier: 549300NQ588N7RWKBP98
Issue of EUR 500,000,000 0.375 per cent. Instruments due 26 February 2024
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 15 February 2019 (the "Base Prospectus") which constitutes
a base prospectus for the purposes of Directive 2003/71/EC (as amended or superseded) (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).
The Conditions are 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
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offices of The Bank of New York Mellon, London Branch at One Canada Square, London E14
5AL, United Kingdom and (ii) on the website of OP Corporate Bank plc (www.op.fi/op-
financial-group/debt-investors/issuers/op-corporate-bank-plc/emtn-base-prospectuses).
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:
230

(ii) Tranche Number:
1

(iii) Date on which the Instruments Not Applicable
become fungible:
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount of
EUR 500,000,000
Instruments:
5.
Issue Price:
99.556 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:
26 February 2019

(ii)
Interest Commencement Date: Issue Date
8.
Maturity Date:
26 February 2024
9.
Interest Basis:
0.375 per cent. Fixed Rate

Condition 5A. (Interest Fixed Rate)
(see paragraph 16 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. (i)
Status of the Instruments:
Unsubordinated Instruments
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(ii)
Unsubordinated Instruments
Not Applicable
Waiver of Set-Off:
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
Applicable

(i)
Rate of Interest:
0.375 per cent. per annum payable in arrear
on such Interest Payment Date

(ii)
Interest Payment Date(s):
26 February in each year, commencing on 26
February 2020

(iii) Fixed Coupon Amount:
EUR 3.75 per Calculation Amount

(iv) Broken Amount(s):
Not Applicable

(v)
Day Count Fraction:
Actual/Actual (ICMA)
17. Resettable Instrument Provisions
Not Applicable
18. Floating Rate Instrument Provisions Not Applicable
19. Zero Coupon Instrument Provisions Not Applicable
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
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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 Receipts No
to be attached to Definitive
Instruments (and dates on which such
Talons mature):
29. Redenomination, renominalisation and Not Applicable
reconventioning provisions (Condition
16):
30. Substitution or variation (Condition 9):

Substitution or variation following a
Not Applicable
Capital Event:

Substitution or variation following an
Not Applicable
MREL Disqualification Event:
31. Prohibition of Sales to EEA Retail
Not Applicable
Investors:
32. Green Bond:
Yes

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 Euronext
Dublin for the Instruments to be admitted to
the Official List and to trading on the
Regulated Market of Euronext Dublin with
effect from the Issue Date

Estimate of total expenses related to
EUR 1,000
admission to trading:
2. RATINGS

The Instruments to be issued are
S&P Global Ratings Europe Limited: AA-
expected to be rated:
Moody's Investors Service Ltd: Aa3
3. USE OF PROCEEDS

An amount equivalent to the proceeds of the issue of the Instruments (being Green
Bonds) will be used in accordance with the OP Financial Group's Green Bond
Framework, as discussed in "Green Bonds" in the Base Prospectus.
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. YIELD

Indication of yield:
0.465 per cent. per annum

The yield is calculated at the Issue Date on
the basis of the Issue Price. It is not an
indication of future yield
6. OPERATIONAL INFORMATION

ISIN:
XS1956022716

Common Code:
195602271

FISN:
OP CORPORATE BA/1EMTN 20240226

CFI code:
DTFXFB

Any clearing system(s) other than
Not Applicable
Euroclear Bank SA/NV and
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Clearstream Banking S.A. 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 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
7. DISTRIBUTION

(i)
If syndicated, names of
Joint Lead Managers:
Managers:
Crédit Agricole Corporate and Investment
Bank
HSBC Bank plc
OP Corporate Bank plc

(ii)
Stabilising Manager(s) (if any): Crédit Agricole Corporate and Investment
Bank

(iii) Date of Subscription
22 February 2019
Agreement:

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

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

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