Obligation Nordia Bank Abp 0% ( NO0010882558 ) en NOK

Nordia Bank Abp

100 % ▼

Finlande

NO0010882558 ( en NOK )

19/05/2025 - Obligation échue

Prospectus brochure de l'obligation Nordea Bank Abp NO0010882558 en NOK 0%, échue

2 000 000 NOK

4 000 000 000 NOK

Nordea Bank Abp est une banque nordique multinationale offrant une large gamme de services financiers aux particuliers et aux entreprises, opérant principalement en Finlande, en Suède, en Norvège et au Danemark.

L'Obligation émise par Nordia Bank Abp ( Finlande ) , en NOK, avec le code ISIN NO0010882558, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 19/05/2025

FINAL TERMS
MiFID II product governance / Professional investors and ECPs only target market
Solely for the purposes of each manufacturer's product approval process, the target market
assessment in respect of the Notes has led to the conclusion that: (i) the target market for the
Notes 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 Notes to
eligible counterparties and professional clients are appropriate. Any person subsequently
offering, selling or recommending the Notes (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 Notes (by
either adopting or refining the manufacturers target market assessment) and determining
appropriate distribution channels.
IMPORTANT NOTICE
In accessing the attached final terms (the "Final Terms") you agree to be bound by the
following terms and conditions.
The information contained in the Final Terms may be addressed to and/or targeted at persons
who are residents of particular countries only as specified in the Final Terms and/or in the
Base Prospectus (as defined in the Final Terms) and is not intended for use and should not be
relied upon by any person outside those countries and/or to whom the offer contained in the
Final Terms is not addressed. Prior to relying on the information contained in the Final
Terms, you must ascertain from the Final Terms and/or the Base Prospectus whether or
not you are an intended addressee of the information contained therein.
Neither the Final Terms nor the Base Prospectus constitutes an offer to sell or the solicitation
of an offer to buy securities in the United States or in any other jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration, exemption from registration
or qualification under the securities law of any such jurisdiction.
The securities described in the Final Terms and the Base Prospectus have not been, and will
not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act")
and may not be offered or sold directly or indirectly within the United States or to, or for the
account or benefit of, U.S. persons or to persons within the United States of America (as such
terms are defined in Regulation S under the Securities Act ("Regulation S")). The securities
described in the Final Terms will only be offered in offshore transactions to non-U.S. persons
in reliance upon Regulation S.
Final Terms dated 15 May 2020
NORDEA BANK ABP
Issue of
NOK 4,000,000,000
Restricted Senior Preferred Floating Rate Notes due May 2025
Issued under the
50,000,000,000 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 5 May 2020 which constitutes a
base prospectus (the "Base Prospectus") for the purposes of the Prospectus Regulation. This
document constitutes the Final Terms of the Notes described herein for the purposes of the
Prospectus Regulation and must be read in conjunction with such Base Prospectus in order to
obtain all the relevant information. The Base Prospectus is available for viewing during
normal business hours at, and copies may be obtained from, the principal office of the Issuer
at Satamaradankatu 5, FI-00020 Nordea, Helsinki and has been published on the Issuer's
website www.nordea.com.
For the purposes of these Final Terms, the expression "Prospectus Regulation" means
Regulation (EU) No. 2017/1129.

1.
(i)
Series Number:
43

(ii)
Tranche Number:
1

(iii)
Date on which the Notes Not Applicable
become fungible:
2.
Specified Currency:
Norwegian Kroner ("NOK")
3.
Aggregate Nominal Amount:

(i)
Series:
NOK 4,000,000,000

(ii)
Tranche:
NOK 4,000,000,000
4.
Issue Price:
100.000 per cent. of the Tranche
5.
(i)
Specified
NOK 2,000,000
Denominations:

(ii)
Calculation Amount:
NOK 2,000,000
6.
(i)
Issue Date:
19 May 2020

(ii)
Interest
Issue Date
Commencement
Date:
7.
Maturity Date:
Interest Payment date falling in or nearest to
May 2025
8.
Interest Basis:
3-month NIBOR+ 0.95 per cent. Floating
Rate
9.
Redemption/Payment Basis:
Redemption at par, subject to any purchase
and cancellation or early redemption

10.
Put/Call Options:
Issuer Call
11.
Status of the Notes:
Senior Preferred
12.
Authorisation:
Not Applicable
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Note Provisions
Not Applicable
14.
Floating Rate Note Provisions
Applicable

(i)
Specified
Interest is payable in arrears on 19 February,
Period(s)/Specified Interest 19 May, 19 August and 19 November in
Payment Dates:
each year commencing on 19 August 2020
up to and including the Maturity Date

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

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

(iv)
Party
responsible
for Agent
calculating the Rate(s) of
Interest
and/or
Interest
Amount(s):

(v)
Screen Rate Determination:

·
Reference Rate:
3-month NIBOR

·
Interest
Second Oslo business day prior to the start of
Determination
each Interest Period
Date(s):

·
Relevant Screen
Reuters Screen Page OIBOR
Page:

·
Relevant Time:
As set out in Condition 5(b)(iv)

(vi)
Linear Interpolation:
Not Applicable

(vii)
Determination Agent:
Not Applicable

(viii)
Margin(s):
+ 0.95 per cent. per annum

(ix)
Minimum Rate of Not Applicable
Interest:

(x)
Maximum Rate of Not Applicable

Interest:

(xi)
Day Count Fraction:
Actual/360

(xii)
Observation
Look-
Not Applicable
back Period

(xiii)
Benchmark
Condition 5(h) (Benchmark Replacement 
Regulation fall back:
Independent Adviser) is applicable

(iv)
"p"
Not Applicable
15.
Zero Coupon Note Provisions
Not Applicable
16.
Reset Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17.
Call Option
Applicable

(i)
Optional
Redemption Not Applicable
Date(s):

(ii)
Optional
Redemption Not Applicable
Amount(s):

(iii)
Early redemption as a result The provisions in Condition 6(b) (Early
of
a
Withholding
Tax Redemption
for
Taxation
Reasons

Event:
Withholding Tax) apply

(iv)
Early redemption as a result The provisions in Condition 6(c) (Early
of a Tax Event:
Redemption as a result of a Tax Event)
apply

(v)
Early Redemption as a The provisions in Condition 6(d) (Early
result
of
an
MREL Redemption of Restricted Senior Preferred
Disqualification Event
Notes or Senior Non-Preferred Notes as a
result of an MREL Disqualification Event)
apply.

(vi)
Early redemption as a result Not Applicable
of a Capital Event:

(vii) If redeemable in part:
Not Applicable

(viii) Notice period:
As set out in the Conditions
18.
Put Option
Not Applicable
19.
Final Redemption Amount
Par

20.
Early Redemption Amount

Early Redemption Amount(s) per Condition 6(b), (c) and (d) apply
Calculation Amount payable on
redemption for taxation reasons or
on event of default or other early
redemption:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
21.
Form of Notes:
The Notes are VPS Notes in uncertificated
and dematerialised book entry form
22.
New Global Note:
Not Applicable
23.
Additional cities for the purposes of London and Oslo
the definition of Relevant Financial
Centre:
24.
Talons for future Coupons or No
Receipts
to
be
attached
to
Definitive Notes (and dates on
which such Talons mature):
25.
Details relating to Partly Paid Not Applicable
Notes: amount of such payment
comprising the Issue Price and date
on which each payment is to be
made:
26.
Details relating to Instalment Notes: Not Applicable
amount of each instalment, date on
which each payment is to be made:
27.
Substitution
and
variation Condition 17 (Substitution and Variation)
provisions:
applies
28.
Relevant Benchmarks:
NIBOR is provided by Norske Finansielle
Referanser AS. As at the date hereof,
Norske Finansielle Referanser AS does not
appearin the register of administrators and
benchmarks established and maintained by
ESMA pursuant to Article 36 (Register of
administrators
and
benchmarks)
of
Regulation (EU) 2016/1011, as amended.
As far as the Issuer is aware, the transitional
provisions in Article 51 of Regulation (EU)
2016/1011, as amended apply, such that
Norske Finansielle Referanser AS is not
currently
required
to
obtain
authorisation/registration (or, if located

outside the European Union and the United
Kingdom, recognition, endorsement or
equivalence).
29.
Senior Preferred Notes Events of Restricted Events of Default in accordance
Default:
with Condition 7(b) (Restricted Events of
Default Senior Non-Preferred Notes,
Subordinated Notes or Restricted Senior
Preferred Notes)
SIGNATURE
Signed on behalf of Nordea Bank Abp:
By:

Duly authorised

Date:15 may 2020

PART B OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING

Application has been made to Oslo Børs for the Notes to be admitted to the
Official List and to trading on its regulated market with effect from or about the
Issue Date.
2.
RATINGS

The issuance of Notes itself is expected to be rated:

S&P
Global
Ratings
Europe AA-(Negative Outlook)
Limited ("S&P):

Moody's Investors Service Limited Aa3(Stable)
("Moody´s"):

Fitch Ratings Limited ("Fitch"):
AA-(Negative Watch)

In accordance with S&P's ratings definitions available as at the date of these
Final Terms on https://www.standardandpoors.com/en_US/web/guest/article/-
/view/sourceId/504352, obligations rated 'AA-' are judged to differ from the
highest-rated obligations only to a small degree and indicate that the relevant
issuer's capacity to meet its financial commitments on the obligation is very
strong. In accordance with Moody's ratings definitions available as at the date of
these Final Terms on https://www.moodys.com/ratings-process/Ratings-
Definitions/002002, obligations rated 'Aa3' are judged to be of high quality and
are subject to very low credit risk. In accordance with Fitch's ratings definitions
available
as
at
the
date
of
these
Final
Terms
on
https://www.fitchratings.com/site/definitions, a rating of 'AA-' indicates
expectations of very low default risk and that the relevant issuer has a very
strong capacity for payment of financial commitments, which is not significantly
vulnerable to foreseeable events.

Each of S&P Global Ratings Europe Limited, Moody's Investors Service
Limited and Fitch Ratings Limited is established in the European Union or the
United Kingdom and registered under Regulation (EC) No 1060/2009 of the
European Parliament and of the Council of 16 September 2009 on credit rating
agencies.
3.
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 Issuer is aware, no person involved in the offer of the Notes has an interest
material to the offer
4.
REASONS FOR THE OFFER, TOTAL EXPENSES AND NET
PROCEEDS

Reasons for the offer:
See "Use of Proceeds" wording in the
Base Prospectus

Estimated total expenses in relation NOK 40,813
to admission to trading:

Estimated net proceeds:
NOK 3,996,000,000
5.
YIELD

Indication of yield:
Not Applicable
6.
HISTORIC INTEREST RATES

Details of historic Reference Rate can be obtained from Reuters.

7.
THIRD PARTY INFORMATION

Not Applicable
8.
DISTRIBUTION

(i)
If syndicated names of Not Applicable
Managers:

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

(iii)
If non-syndicated, name DNB Bank ASA
and address of Dealer:
Dronning Eufemias gate 30
0021 Oslo
Norway

Nordea Bank Abp
Satamaradankatu 5
0020 Nordea
Helsinki
Finland

(iv)
U.S. Selling Restrictions:
Regulation S Category 2
TEFRA not applicable

(v)
Prohibition of Sales to EEA Not Applicable
and UK Retail Investors:

9.
OPERATIONAL INFORMATION

ISIN Code:
NO0010882558

Common Code:
Not Applicable

FISN:
See the website of the Association of
National Numbering Agencies (ANNA) or
alternatively sourced from the National
Numbering Agency that assigned the ISIN

CFI Code:
See the website of the Association of
National Numbering Agencies (ANNA) or
alternatively sourced from the National
Numbering Agency that assigned the ISIN

Issuer LEI:
529900ODI3047E2LIV03

New Global Note intended to be No
held in a manner which would
allow Eurosystem eligibility:

Clearing
system(s)
and VPS, the Norwegian Central Securities
identification
number,
if Depository (VPS identification number:
applicable:
985 140 421)

Delivery:
Delivery against payment

Name(s)
and
address(es)
of Not Applicable
additional VPS Paying Agent(s) (if
any):