Obligation Slovenska Sporitelna a.s. 0.25% ( SK4000017927 ) en EUR

Slovenska Sporitelna a.s.

100 % ⇌

Slovaquie

SK4000017927 ( en EUR )

0.25% par an ( paiement annuel )

07/10/2025 - Obligation échue

Prospectus brochure de l'obligation Slovenská Sporitelna AS SK4000017927 en EUR 0.25%, échue

Slovenská Sporite??a, a.s. est la plus grande banque de Slovaquie, filiale du groupe Erste Group.

L'Obligation émise par Slovenska Sporitelna a.s. ( Slovaquie ) , en EUR, avec le code ISIN SK4000017927, paye un coupon de 0.25% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 07/10/2025

INFORMATORY ENGLISH LANGUAGE TRANSLATION
FINAL TERMS (in Slovak: konecné podmienky)

1 October 2020

Slovenská sporitea, a.s.
Aggregate Amount of the Offer: EUR 100,000,000
Name of the Notes: Dlhopisy SLSP FIX5 2025
issued under the Debt Securities Issuance Programme in accordance with the base prospectus dated 20 November
2019.
Issue Price: 99.391%
ISIN: SK4000017927
These Final Terms prepared for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of
the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted
to trading on a regulated market, and repealing Directive 2003/71/EC (the Prospectus Regulation) shall be
assessed and construed in conjunction with the base prospectus (the Prospectus) to the debt securities issuance
programme, which will be continuously or repeatedly issued by Slovenská sporitea, a.s. (the Issuer) and any
amendment thereto in order to obtain all relevant information. The Final Terms, including the used defined terms,
must be read in conjunction with the Common Terms contained in the Prospectus. The risk factors related to
the Issuer and the Notes are listed in Section 2. of the Prospectus entitled "Risk Factors".
The Prospectus and any Prospectus Supplements are available in electronic form on the Issuer's website
www.slsp.sk/sk/investori/dlhopisy and/or www.slsp.sk/en/investors/bonds. The information regarding the Issuer
and the Offer of the Notes is only complete when read in conjunction with these Final Terms and the Prospectus
and the relevant Prospectus Supplement(s).
The Prospectus was approved by the National Bank of Slovakia by its decision 100-000-204-599 / NBS1-000-
043-977 dated 26 November 2019. The Prospectus Supplement No. 1 was approved by the National Bank of
Slovakia by its decision 100-000-222-608 / NBS1-000-048-100 dated 9 March 2020. The Prospectus Supplement
No. 2 was approved by the National Bank of Slovakia by its decision 100-000-229-636 / NBS1-000-049-447
dated 11 May 2020. The Prospectus Supplement No. 3 was approved by the National Bank of Slovakia by its
decision 100-000-248-946 / NBS1-000-053-269 dated 8 September 2020.
If the Final Terms are translated into another language and there are any interpretation discrepancies between the
Final Terms in Slovak and the Final Terms translated into another language, the Slovak language version of the
Final Terms shall prevail.
In the event the Notes continue to be offered or re-offered after the expiration of the Prospectus, the relevant
detailed information will be available in the subsequent prospectus, and the still valid terms and conditions will
be included in the subsequent prospectus by reference. The subsequent prospectus will be published in the same
way as the Prospectus.
MiFID II Product Governance / Eligible Counterparties and Professional Investors 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 of the European Parliament and of the Council
of 15 May 2014 on markets in financial instruments, 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 manufacturer's 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 manufacturer's target market assessment)
and determining appropriate distribution channels.

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INFORMATORY ENGLISH LANGUAGE TRANSLATION
PART A: PROVISIONS SUPPLEMENTING TERMS AND CONDITIONS OF THE NOTES
This part of the Final Terms together with paragraph 9.1 (Information about Securities) of the Common Terms
shall constitute the terms and conditions of the relevant issue of the Notes.
9.1(a) Basic Information, Form, Type and Manner of Issue of the Notes
Type of Notes:
unsubordinated and unsecured notes (the Senior Notes)
ISIN:
SK4000017927
FISN:
Slospo/0,25 BD 20251007
Common Code:

Depository:
Centrálny depozitár cenných papierov SR, a.s., with its
registered office at ul. 29. augusta 1/A, 814 80 Bratislava
Principal Amount:
EUR 100,000
Currency:
EUR
Name:
Dlhopisy SLSP FIX5 2025
Aggregate Amount of the Issue:
EUR 100,000,000
Estimated Net Proceeds from the Issue:
EUR 99,391,000
Aggregate Amount of the Offer:
EUR 100,000,000
Issue Price in %:
99.391%
Information about the Accrued Interest:

Issue Date:
7 October 2020
Admission to Trading:
The Issuer will submit an application to Burza cenných
papierov v Bratislave, a.s., with its registered office at
Vysoká 17, 811 06 Bratislava, ICO: 00 604 054, for the
admission of the Notes to trading on its regulated free
market. Estimate of aggregate expenses regarding the
admission to trading: EUR 3,500.
9.1(b) Status of Obligations
Status of Obligations:
Obligations from the Notes constitute direct, general,
secured, unconditional and unsubordinated obligations of
the Issuer which rank pari passu among themselves and
always rank at least pari passu with any other direct,
general, similarly secured, unconditional and
unsubordinated obligations of the Issuer, present and
future, save for those obligations of the Issuer as may be
stipulated by a mandatory provision of law. Each Holder
acknowledges and explicitly agrees that if the Issuer gets
into a crisis situation under Act No. 371/2014 Coll. on the
resolution of crisis situations on the financial market, as
amended, including related regulations, the obligations of
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INFORMATORY ENGLISH LANGUAGE TRANSLATION
the Issuer from the Notes may be subject to measures for
resolution of the crisis situation of the Issuer or its group,
mainly to the capitalisation measure, as a result of which
the obligations from the Notes may be modified or
terminated, or converted into registered capital of the
Issuer. This can result in the Holders losing a part or their
whole investment in the Notes. The Holders do not have
the right to set-off their claims under the Notes against the
Issuer and at the same time the Issuer does not have the
right to set-off its claims against the claims of the Holders.
9.1(d) Interest
Determination of Interest:
The Notes bear a fixed interest rate throughout their life,
in the amount of 0.25% p. a. (the Interest Rate).
Yield to Maturity:
0.373% p. a.
Interest Payment Frequency:
annually
Interest Payment Date(s):
7 October
First Interest Payment Date:
7 October 2021
Convention:
Act/Act ICMA
Screen Page:

Relevant Value:

9.1(e) Maturity of the Notes
Method of Redemption:
bullet
Maturity Date:
7 October 2025
Repurchase:
The Issuer may buy back all or only some of the Notes
only if the conditions under the requirements of the CRR
applicable and effective at that time related to the eligible
liabilities and their buy-back are satisfied, including
obtaining an authorisation of the competent supervisory
authority. The Issuer may also buy back all or some of the
Notes with the remaining maturity of less than one year
provided that they are not included in the minimum
requirement for eligible liabilities due to this shorter
maturity. The Notes purchased by the Issuer shall cease to
exist.
Early Redemption of the Notes Decided by the
The Issuer may not, on the basis of its decision, redeem
Issuer:
the Notes early.
Early Redemption of the Notes with Target
The Notes do not have a target redemption upon reaching
Redemption upon Reaching the Target Interest
a certain amount of interest.
Amount:
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INFORMATORY ENGLISH LANGUAGE TRANSLATION
9.1(f) Payment Conditions
Financial Centre:
Bratislava, TARGET
9.1(h) Taxation
Gross-up:
The Issuer will not be obliged to pay any additional sums
to the recipient for the reimbursement of these
withholdings, taxes, levies or charges.

PART B: PROVISIONS SUPPLEMENTING CONDITIONS OF THE OFFER AND OTHER
INFORMATION
9.2 Conditions of the Offer
Type of Offer:
in an offer which is not subject to the obligation to publish
the Prospectus
Form of Offer:
as a syndicated issue through (i) Erste Group Bank AG,
Am Belvedere 1, 1100 Vienna, Austria and (ii) Slovenská
sporitea, a.s., Tomásikova 48, 832 37 Bratislava, Slovak
Republic (together, the Joint Lead Managers)
Offer is Addressed to:
qualified investors
Offer Commencement Date:
1 October 2020
Offer Termination Date:
1 October 2020
Description of the Application Procedure:
Applications should be made through the Joint Lead
Managers.
Settlement Date:
7 October 2020
Minimum and Maximum Amount of the Order:

Expenses Charged to Investors:
No expenses will be charged to investors with regard to
the subscription of the Notes.
Manner of Satisfying Orders:
in accordance with the allocation policy of the Joint Lead
Managers, the orders can be scaled back
Distribution Method:
The Joint Lead Managers will distribute the Notes in the
Slovak Republic and also outside the Slovak Republic in
one or several manners to which the obligation to publish
a prospectus does not apply.
9.3 Additional Information
Stabilisation Manager:
No Stabilisation Manager has been appointed in
connection with the issue of the Notes.
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INFORMATORY ENGLISH LANGUAGE TRANSLATION
Description of other Interests:
Subscription Agreement between the Issuer and the Joint
Lead Managers will be signed before the Issue Date.
The Joint Lead Managers and/or their affiliates have
engaged, and may in the future engage, in investment
banking and/or commercial banking transactions with,
and may perform other services for, the Issuer and its
affiliates in the ordinary course of business.
Unless stated above, as far as the Issuer is aware, no other
person has an interest material to the issue / offer of the
Notes.
Third-party Information and Experts' Reports:

Provisions Relating to Sustainable Notes

Including the Use of Proceeds:
Credit Rating Assigned to the Notes:
The Notes will not be rated.
In Bratislava on 1 October 2020.

______________________
______________________
Róbert Herbec
Richard Kosecký
Proxy
Proxy
Slovenská sporitea, a.s.
Slovenská sporitea, a.s.

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INFORMATORY ENGLISH LANGUAGE TRANSLATION

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