Obligation OP Yrityskassi Oyj 5.25% ( XS0677081993 ) en EUR

OP Yrityskassi Oyj

100 % ⇌

Finlande

XS0677081993 ( en EUR )

5.25% par an ( paiement annuel )

13/09/2021 - Obligation échue

Prospectus brochure de l'obligation OP Yrityspankki Oyj XS0677081993 en EUR 5.25%, échue

100 000 EUR

100 000 000 EUR

OP Yrityspankki Oyj est une banque finlandaise offrant des services financiers aux entreprises, incluant des solutions de financement, de gestion de trésorerie et de marchés de capitaux.

L'Obligation émise par OP Yrityskassi Oyj ( Finlande ) , en EUR, avec le code ISIN XS0677081993, paye un coupon de 5.25% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 13/09/2021

FINAL TERMS
PART A
CONTRACTUAL TERMS

dated 9 September 2011
Pohjola Bank plc ("Pohjola Bank" or the "Issuer")
(Incorporated in Finland with limited liability)
Issue of EUR 100,000,000 5.25 per cent. Subordinated Instruments due 14 September 2021
under the EUR 15,000,000,000 Programme for the Issuance of Debt Instruments

The Base Prospectus referred to below (as completed by these Final Terms) has been
prepared on the basis that any offer of Instruments in any Member State of the European
Economic Area which has implemented the Prospectus Directive (as defined below) (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 Instruments. Accordingly any person making or intending to
make an offer in that Relevant Member State of the Instruments 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 Instruments in any other circumstances.
Terms used herein shall be deemed to be defined as such for the purposes of the
Conditions set forth in the Base Prospectus dated 5 November 2010, as supplemented by the
supplemental Base Prospectus dated 9 February 2011, supplemental Base Prospectus dated 8
March 2011, supplemental Base Prospectus dated 5 May 2011, supplemental Base Prospectus
dated 6 June 2011 and supplemental Base Prospectus dated 3 August 2011, which together
constitute a base prospectus for the purposes of Prospectus Directive. The expression
"Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the
2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and
includes any relevant implementing measure in the Relevant Member State and the
expression "2010 PD Amending Directive" means Directive 2010/73/EU.
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 Issuer 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 during normal business hours at the offices of
Deutsche Bank AG, London Branch, Winchester House, 1 Great Winchester Street, London
EC2N 2DB and on Pohjola Bank plc's website (http://www.pohjola.com) and
www.londonstockexchange.com/rns and copies may be obtained from the registered office of
Pohjola Bank plc at Teollisuuskatu lb, FIN-00510 Helsinki, Finland.

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1.
(i)
Issuer:
Pohjola Bank plc
2.
(i)
Series Number:
127

(ii)
Tranche Number:
1
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount of EUR 100,000,000
Instruments:

(i)
Series:
EUR 100,000,000

(ii)
Tranche:
EUR 100,000,000
5.
Issue Price:
99.612 per cent. of the Aggregate
Nominal Amount
6.
(i)
Specified Denominations:
EUR 100,000

(ii)
Calculation Amount:
EUR 100,000
7.
(i)
Issue Date:
14 September 2011

(ii)
Interest Commencement Date: Issue Date
8.
Maturity Date:
14 September 2021
9.
Interest Basis:
5.25 per cent. Fixed Rate
Condition 5A is applicable.
(further particulars specified 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.
Status of the Instruments:
Subordinated Instruments. Conditions 3B
and 7B are applicable.

(i) Date Board approval for issuance 18 May 2011
of Instruments obtained:

14.
Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

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15.
Fixed Rate Instrument Provisions Applicable

(i)
Rate(s) of Interest:
5.25 per cent. per annum payable
annually in arrear

(ii)
Interest Payment Date(s):
14 September in each year, adjusted in
accordance with the Modified Following
Business
Day
Convention.
No
adjustments will be made to Fixed
Coupon Amounts. Business Day shall
mean a day in which banks are for the
entire day open for business in London
and which is a TARGET Settlement Day.

(iii) Fixed Coupon Amount(s):
EUR 5,250 per Calculation Amount

(iv) Broken Amount(s):
Not Applicable

(v)
Day Count Fraction:
Actual/Actual (ICMA)

(vi) Other terms relating to the Not Applicable
method of calculating interest for
Fixed Rate Instruments:
16.
Floating
Rate
Instrument Not Applicable
Provisions
17.
Zero
Coupon
Instrument Not Applicable
Provisions
18.
Index-Linked Interest Instrument Not Applicable
Provisions
19.
Dual
Currency
Instrument Not Applicable
Provisions
PROVISIONS RELATING TO REDEMPTION
20.
Call Option
Not Applicable
21.
Put Option
Not Applicable
22.
Final Redemption Amount
EUR 100,000 per Calculation Amount
23.
Early Redemption Amount

Early Redemption Amount(s) per EUR 100,000 per Calculation Amount
Calculation Amount payable on
redemption for taxation reasons or on
event of default or other early
redemption and/or the method of
calculating the same (if required or if

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different from that set out in the
Conditions):
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 the limited
circumstances specified in the Permanent
Global Instrument
25.
New Global Instrument:
Yes
26.
Financial Centre(s) or other special London, TARGET 2
provisions relating to payment dates:
27.
Talons for future Coupons or No
Receipts to be attached to Definitive
Instruments (and dates on which such
Talons mature):
28.
Details relating to Partly Paid Not Applicable
Instruments: amount 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 Instruments and
interest due on late payment:
29.
Details
relating
to
Instalment Not Applicable
Instruments:
amount
of
each
instalment, date on which each
payment is to be made:
30.
Redenomination,
renominalisation Not Applicable
and reconventioning provisions
31.
Other final terms:
Not Applicable

DISTRIBUTION
32.
(i)
If syndicated, names of Not Applicable
Managers

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

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any):
33.
If non-syndicated, name and address Pohjola Bank plc / Pohjola Markets
of Dealer:
Teollisuuskatu lb
FIN-00510 Helsinki
Finland

34.
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA
D
35.
Additional selling restrictions:
Not Applicable
PURPOSE OF FINAL TERMS
These Final Terms comprise the final terms required for issue and admission to trading on the
regulated market of the London Stock Exchange of the Instruments described herein pursuant
to the EUR 15,000,000,000 Programme for the Issuance of Debt Instruments of Pohjola Bank
plc.
RESPONSIBILITY
Pohjola Bank plc accepts responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer:

By:
.................................................. By: .................................................

Duly authorised

Duly authorised

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PART B
OTHER INFORMATION
1.
LISTING

Admission to trading:
Application has been made by the Issuer (or
on its behalf) for the Instruments to be
admitted to trading on the regulated market
of the London Stock Exchange with effect
from on or around the Issue Date.

Estimate of total expenses related to GBP 2,700
admission to trading:
2.
RATINGS

Ratings:
The Instruments to be issued are expected to
be rated:

S & P: A+
Moody's: Aa3 (on review for a possible
downgrade)
Fitch: A+
Each of Standard & Poor's Credit Market
Services Europe Ltd., Moody's Investors
Services Ltd. and Fitch Ratings Limited is
established in the European Union and has
applied for registration under Regulation
(EU) No 1060/2009, although notification
of the corresponding registration decision
has not yet been provided by the relevant
competent authority.

A rating is not a recommendation to buy,
hold or sell securities and may be subject to
suspension or withdrawal at any time.

3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE
ISSUE

Save as discussed in "Subscription and Sale", so far as the Issuer is aware, no person
involved in the offer of the Instruments has an interest material to the offer.

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4.
REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL
EXPENSES

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

(ii)
Estimated net proceeds:
EUR 99,612,000

(iii) Estimated total expenses:
Not applicable

5.
Indication of yield:
5.301 per cent.
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 Code:
XS0677081993

Common Code:
067708199

CUSIP:
Not Applicable

Any clearing system(s) other than Not Applicable
Euroclear
Bank
SA/NV
and
Clearstream
Banking
Societe
Anonyme
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 No
held in a manner which would allow
Eurosystem eligibility:

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