Obligation ING Groep N.V. 3.75% ( US449786AQ58 ) en USD

Société émettrice ING Groep N.V.
Prix sur le marché 100 %  ⇌ 
Pays  Pays-bas
Code ISIN  US449786AQ58 ( en USD )
Coupon 3.75% par an ( paiement semestriel )
Echéance 06/03/2017 - Obligation échue



Prospectus brochure de l'obligation ING Bank N.V US449786AQ58 en USD 3.75%, échue


Montant Minimal /
Montant de l'émission /
Description détaillée ING Bank N.V. est une banque multinationale néerlandaise offrant une large gamme de services financiers, notamment la banque de détail, la banque d'investissement et la gestion d'actifs, à travers le monde.

L'Obligation émise par ING Groep N.V. ( Pays-bas ) , en USD, avec le code ISIN US449786AQ58, paye un coupon de 3.75% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 06/03/2017







Execution copy
Final Terms dated 1 March 2012
ING Bank N.V.
Issue of U.S.$2,000,000,000 3.75 per cent. Fixed Rate Notes due March 2017
under the 45,000,000,000 Programme for the Issuance of Debt Instruments
The Notes will not be registered under the Securities Act and may not be sold except (i) in accordance with
Rule 144A under the Securities Act, (ii) in an offshore transaction in accordance with Rule 903 or Rule 904
of Regulation S under the Securities Act, (iii) pursuant to an effective registration statement under the
Securities Act or (iv) in any other transaction that does not require registration under the Securities Act.
The Base Prospectus referred to below (as completed by these Final Terms) has been prepared on the basis
that any offer of Notes in any Member State of the EEA which has implemented the Prospectus Directive
(Directive 2003/71/EC) (each, a "Relevant Member State") will be made pursuant to an exemption under
the Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a
prospectus for offers of the Notes. Accordingly any person making or intending to make an offer in that
Relevant Member State of the Notes may only do so in circumstances in which no obligation arises for the
Issuer or any Dealer to publish a prospectus pursuant to Article 3 of the Prospectus Directive or supplement
a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer.
Neither the Issuer nor any Dealer has authorised, nor do they authorise, the making of any offer of Notes in
any other circumstances.
Part A -- Contractual Terms
Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions of the
Notes (the "Conditions") set forth in the Base Prospectus dated 11 May 2011 and the supplemental
prospectuses dated 21 June 2011, 11 August 2011, 7 November 2011, 8 December 2011, 13 February 2012
and 29 February 2012 (together, the "Prospectus"). This document constitutes the Final Terms applicable to
the issue of Notes described herein and must be read in conjunction with such 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 Prospectus. Copies of the Prospectus may be obtained from ING Bank N.V. at Foppingadreef 7,
1102 BD Amsterdam, The Netherlands.
Prospective investors should carefully consider the section "Risk Factors" in the Base Prospectus.
1 Issuer:
ING Bank N.V.
2
(i) Series Number:
64
(ii) Tranche Number:
1
3
Specified Currency or Currencies:
U.S. dollars (U.S.$)
4
Aggregate Nominal Amount
(i) Tranche:
U.S.$2,000,000,000
(ii) Series:
U.S.$2,000,000,000
5
Issue Price:
99.486% of the Aggregate Nominal Amount
6
(i) Specified Denominations:
U.S.$200,000 and integral multiples of U.S$1,000 in
excess thereof
(ii) Calculation Amount:
U.S.$1,000
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7
(i) Issue Date:
7 March 2012
(ii) Interest Commencement Date:
Issue Date
8
Maturity Date:
7 March 2017
9
Interest Basis:
3.75% Fixed Rate
(further particulars specified below)
10
Redemption/Payment Basis:
Redemption at par
11
Change of Interest Basis or
Not Applicable
Redemption/Payment Basis:
12
Put/Call Options:
Not Applicable
13
Status of the Notes:
Senior
14
Method of distribution:
Syndicated
Provisions relating to Interest (if any) payable
15
Fixed Rate Note Provisions
Applicable
(i) Rate of Interest:
3.75% per annum payable semi-annually in arrear
(ii) Interest Payment Date(s):
7 March and 7 September in each year commencing
on (and including) 7 September 2012 up to (and
including) the Maturity Date.
(iii) Fixed Coupon Amount(s):
U.S.$18.75 per Calculation Amount
(iv) Broken Amount(s):
Not Applicable
(v) Day Count Fraction:
30/360
(vi) Other terms relating to the method of Not Applicable
calculating interest for Fixed Rate Notes:
16
Floating Rate Note Provisions
Not Applicable
17
Zero Coupon Note Provisions
Not Applicable
18
Index-Linked Interest Note/other
Not Applicable
variable-linked interest Note Provisions
19
Dual Currency Note Provisions
Not Applicable
Provisions relating to Redemption
20
Issuer Call
Not Applicable
21
Investor Put
Not Applicable
22
Final Redemption Amount of each Note:
U.S.$1,000 per Calculation Amount
23
Early Redemption Amount
(i) Early Redemption Amount of each Note Condition 6(e) applies
payable on redemption for taxation reasons
or on event of default and/or the method of
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calculating the same (if required or if
different from that set out in Condition
6(e)):
(ii) Notice period (if other than as set out in Not Applicable
the Conditions):
(iii) Other (Condition 6(k)):
Not Applicable
General Provisions Applicable to the Notes
24
Form of Notes:
(i)
Form
Registered Notes:
Reg S Notes: Reg S Global Note
Rule 144A Notes: Rule 144A Global Note
(Restricted Notes)
(ii)
New Global Note
No
25
Additional Financial Centre(s) or other
New York City and London
special provisions relating to Payment Dates:
26
Talons for future Coupons or Receipts 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, if different from those specified in
the Temporary Global Note, consequences 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
For the purposes of Condition 13, notices to
No
be published in the Financial Times:
30
Other final terms:
Not Applicable
Distribution
31
(i) If syndicated, names of Managers:
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
ING Bank N.V. (Reg S Notes only)
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
(ii) Stabilising Manager (if any):
Not Applicable
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32
If non-syndicated, name of Dealer:
Not Applicable
33
Total commission and concession:
0.35% of the Aggregate Nominal Amount

34
U.S. Selling Restrictions:
Reg S Selling Restrictions/Rule 144A Selling
Restrictions/TEFRA not applicable
35
Non-exempt Offer:
Not Applicable
36
Additional selling restrictions:
The Notes are not and may not be offered in The

Netherlands other than to persons or entities
which are qualified investors as defined in article
1:1 of the Dutch Financial Supervision Act (Wet
op het financieel toezicht).

Purpose of Final Terms

These Final Terms comprise the final terms required for issue of the Notes described herein pursuant to the
45,000,000,000 Programme for the Issuance of Debt Instruments of ING Groep N.V. and ING Bank N.V.
Responsibility

The Issuer accepts responsibility for the information contained in these Final Terms. To the best of the
knowledge and belief of the Issuer (having taken all reasonable care to ensure that such is the case) the
information contained in these Final Terms is in accordance with the facts and does not omit anything likely
to affect the import of such information.


Signed on behalf of the Issuer:

By: _____________________
Duly authorised

By: _____________________
Duly authorised

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Part B -- Other Information
1.
Listing
Listing
Not Applicable
2.
Ratings
Ratings:
The Notes to be issued are expected to be rated:
Moody's: Aa3
Standard & Poor's: A+
Fitch: A+
3.
Interests of Natural and Legal Persons involved in the Issue
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.
Yield (Fixed Rate Notes only)
Indication of yield:
3.864% per annum
As set out above, the yield is calculated at the
Issue Date on the basis of the Issue Price. It is not
an indication of future yield.
5.
Operational Information
(i) ISIN Code:
Reg S Notes: USN4578BQC10
Rule 144A Notes: US449786AQ58
(ii) Common Code:
Reg S Notes: 075468962
Rule 144A Notes: 075468954
(iii) CUSIP:
Reg S Notes: N4578BQC1
Rule 144A Notes: 449786AQ5
(iv) Any clearing system(s) other than Not Applicable
Euroclear Bank S.A./N.V.,
Clearstream
Banking,
société
anonyme,
Euroclear
Netherlands and the Depository Trust Company
and the relevant identification number(s):
(v) Delivery:
Delivery free of payment
(vi) Names and addresses of initial Paying The Bank of New York Mellon, London Branch
Agent(s):
One Canada Square
London E14 5AL
United Kingdom
The Bank of New York Mellon
The Bank of New York
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101 Barclay Street, Floor 21W
New York, NY 10286
United States
(vii) Names and addresses of additional Not Applicable
Paying Agent(s) (if any):
(viii) Name and address of Calculation Agent: Not Applicable
(ix) Intended to be held in a manner which No
would allow Eurosystem eligibility:
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Document Outline