Obligation Agrarrentenbank 1.68% ( NO0010778251 ) en NOK

Agrarrentenbank

100 % ▼

Allemagne

NO0010778251 ( en NOK )

1.68% par an ( paiement trimestriel )

15/11/2021 - Obligation échue

Prospectus brochure de l'obligation Landwirtschaftliche Rentenbank NO0010778251 en NOK 1.68%, échue

1 000 000 NOK

600 000 000 NOK

La Landwirtschaftliche Rentenbank (LRB) est une banque publique allemande spécialisée dans le financement de l'agriculture et des zones rurales.

L'Obligation émise par Agrarrentenbank ( Allemagne ) , en NOK, avec le code ISIN NO0010778251, paye un coupon de 1.68% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 15/11/2021

FINAL TERMS DATED 14th NOVEMBER 2016
LANDWIRTSCHAFTLICHE RENTENBANK
Issue of NOK 600,000,000 Floating Rate Notes due 2021 (the "Notes")
under the EUR 60,000,000,000
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 Terms and Conditions set
forth in the Simplified Base Prospectus dated 4th May, 2016 which constitutes a simplified base prospectus for
purposes of Chapters 1 and 2 of Part III of the Luxembourg Law on Prospectuses for Securities dated 10th July,
2005, as amended (Loi relative aux prospectus pour valeurs mobilières) (the "Simplified Base Prospectus").
This document constitutes the Final Terms of the Notes (these "Final Terms") described herein and must be read
in conjunction with the Simplified 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 Simplified Base Prospectus. The
Simplified Base Prospectus (including the documents incorporated therein by reference) is published on the
Issuer's website at www.rentenbank.de.

1. (i) Series
Number:

1142
(ii)
Tranche Number:
1
2. Specified Currency:
Norwegian Kroner ("NOK")
3. Aggregate Nominal Amount:

(i)
Series:
NOK 600,000,000
(ii) Tranche:
NOK 600,000,000
4. Issue Price:
105.909 per cent. of the Aggregate Nominal Amount
5. (i)
Specified Denominations:
NOK 1,000,000
(ii) Calculation Amount:
NOK 1,000,000
6. (i)
Issue Date:
16 November 2016
(ii) Interest Commencement Date:
Issue Date
7. Maturity Date:
Interest Payment Date falling in or nearest to November,
2021
8. Interest Basis:
3-month NIBOR + 1.25 per cent. Floating Rate
(further particulars specified in paragraph 13 below)

9. Redemption/Payment Basis:
Redemption at par
10. Change of Interest Basis or
Not Applicable
Redemption/Payment Basis:
11. Put/Call Options:
Not Applicable
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
12. Fixed Rate Note Provisions
Not Applicable
13. Floating Rate Note Provisions
Applicable
(i)
Interest Period(s):
Condition 5(b)(i) applies
(ii) Specified Interest Payment Dates:
16th February, 16th May, 16th August and 16th November in
each year up to and including the Maturity Date, subject to
adjustment in accordance with the Business Day
Convention set out in (iv) below
(iii) First Interest Payment Date:
16th February 2017
\\NY - 028826/000004 - 5337759 v2

(iv) Business Day Convention:
Modified Following Business Day Convention
(v)
Business Centre(s):
Oslo and TARGET
(vi) Manner in which the Rate(s) of
ISDA Determination
Interest is/are to be determined:
(vii) Party responsible for calculating the
Nordea Bank Finland Plc
Rate(s) of Interest and/or Interest
Amount(s) (if not the Principal Paying
Agent):
(viii) Screen Rate Determination:
Not Applicable
Reference Rate:
Not Applicable
Interest Determination Date(s):
Not Applicable
Relevant Screen Page:
Not Applicable
(ix) ISDA Determination:
Applicable
Floating Rate Option:
NOK-NIBOR-NIBR
Designated Maturity:
3 months
Reset Date:
The first day in each Calculation Period
(x)
Linear Interpolation:
Not Applicable
(xi) Margin(s):
+ 1.25 per cent. per annum
(xii) Minimum Rate of Interest:
Not Applicable
(xiii) Maximum Rate of Interest:
Not Applicable
(xiv) Day Count Fraction:
Actual/360
(xv) Fallback provisions, rounding
Not Applicable
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 Terms and Conditions:
14. Zero Coupon Note Provisions
Not Applicable
15. Index Linked Note/other variable-linked
Not Applicable
Note Provisions

16. Alternative Settlement Note Provisions
Not Applicable
17. Dual Currency Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
18. Call Option:
Not Applicable
19. Put Option:
Not Applicable
20. Final Redemption Amount of each Note:
NOK 1,000,000 per Calculation Amount
21. Early Redemption Amount

Early Redemption Amount(s) per Calculation
Condition 7(e) applies
Amount payable on redemption for taxation
reasons or on event of default or other early
redemption:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
22. Form of Notes:
VPS Notes issued in uncertificated and dematerialised

book entry form
23. New Global Note:
No
24. New Safekeeping Structure:
No
25. Financial Centre(s):
Oslo and TARGET
26. Talons for future Coupons to be
No
attached to Definitive Notes (and
dates on which such Talons mature):
27. Details relating to Partly Paid Notes: amount
Not Applicable
of 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:
28. Details relating to Instalment Notes:

(i)
Instalment Amount(s):
Not Applicable
(ii) Instalment Date(s):
Not Applicable
29. Redenomination applicable:
Not Applicable
30. Consolidation provisions:
Condition 16 applies
31. Other final terms:
Not Applicable

PART B OTHER INFORMATION
1. LISTING AND ADMISSION TO
Application has been made by the Issuer (or on its behalf) for
TRADING:
the Notes to be admitted to trading on the Regulated Market of
the Luxembourg Stock Exchange (Bourse de Luxembourg) with
effect from the Issue Date.
2. RATINGS:
The Notes have been assigned the following ratings:
Moody's: Aaa
S & P: AAA
Fitch: AAA
According to Moody's Investors Services, a long-term issue
rated "Aaa" is judged to be of the highest quality, with minimal
credit risk.
According to Standard & Poor's, a long-term obligation rated
"AAA" has the highest rating assigned by Standard & Poor's,
and the obligor's capacity to meet its financial commitment on
the obligation is extremely strong.
According to Fitch Ratings, "AAA" ratings denote the lowest
expectation of default risk. They are assigned only in cases of
exceptionally strong capacity for payment of financial
commitments. This capacity is highly unlikely to be adversely
affected by foreseeable events.
The credit ratings included herein will be treated for the
purposes of Regulation (EC) No 1060/2009 on credit rating
agencies, as amended by Regulation (EU) No 513/2011 (the
"CRA Regulation") as having been issued by Standard & Poor's
Credit Market Services Europe Limited ("S&P"), Moody's
Deutschland GmbH ("Moody's") and Fitch Ratings Limited
("Fitch"), upon registration pursuant to the CRA Regulation.
Each of S&P, Moody's and Fitch is established in the European
Union and is registered under the CRA Regulation. Reference is
made to the list of credit rating agencies registered in
accordance with the CRA Regulation published by the
European Securities and Markets Authority on its website
(www.esma.europa.eu), which is updated within five working
days following the adoption of a decision under Articles 16, 17
or 20 of the CRA Regulation.
3. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE/OFFER:
Save for any fees payable to the Dealer, so far as the Issuer is aware, no person involved in the offer of the
Notes has an interest material to the offer.
4. REASON FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES:
(i)
Reasons for the offer:
The net proceeds from the issue of Notes will be applied by the
Issuer for its general corporate purposes.
(ii) Estimated net proceeds:
NOK 635,454,000
(iii) Estimated total expenses:
Not Applicable
5. YIELD:
Indication of yield:
Not Applicable
6. HISTORICAL INTEREST RATES:
Details of historic NIBOR rates can be obtained from Reuters.

7. PERFORMANCE OF INDEX/FORMULA/RATE[S] OF EXCHANGE/OTHER VARIALBE,
EXPLANATION OF EFFECT ON VALUE OF INVESTMENT AND ASSOCIATED RISKS AND
OTHER INFORMATION CONCERNING THE UNDERLYING:
Not Applicable

8. OPERATIONAL INFORMATION:
ISIN Code:
NO0010778251
Common Code:
152059582
WKN:
A2AAZU
CUSIP:
Not Applicable
Any clearing system(s) other than
Verdipapirsentralen, Norway. VPS identification number: 985
Euroclear and Clearstream,
140 421. The Issuer shall be entitled to obtain certain
Luxembourg and the relevant
information from the register maintained by the VPS for the
identification number(s):
purposes of performing its obligations under the issue of VPS
Notes.
Delivery:
Delivery against payment
Name and address of additional Paying
Nordea Bank Norge ASA
and Transfer Agent(s) (if any):
Essendropsgade 7
0368 Oslo
Norway

Intended to be held in a manner which
No.
would allow Eurosystem eligibility:
9. DISTRIBUTION
(i)
Method of distribution:
Non-Syndicated
(ii) If
syndicated:
Not
Applicable
(iii) If non-syndicated, name and
Nordea Bank Danmark A/S
address of Dealer:
Strandgade 3
DK-1401 Copenhagen K
Denmark

(iv) Total commissions and
Not Applicable
concessions:
(v)
U.S. Selling Restrictions:
TEFRA not applicable
(vi) Additional Selling Restrictions:
Not Applicable
(vii) Additional U.S. Federal Income
Not Applicable
Tax Considerations:
RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of Landwirtschaftliche Rentenbank:
By:

By:

Duly authorised

Duly authorised