Obligation ING Groep 0% ( XS1143001102 ) en EUR

ING Groep

100 % ⇌

Pays-Bas

XS1143001102 ( en EUR )

20/11/2019 - Obligation échue

Prospectus brochure de l'obligation ING Bank XS1143001102 en EUR 0%, échue

100 000 EUR

500 000 000 EUR

ING est une banque internationale offrant une large gamme de services financiers, notamment des services de banque de détail, de banque privée et de gestion d'actifs, opérant dans plusieurs pays à travers le monde.

L'Obligation émise par ING Groep ( Pays-Bas ) , en EUR, avec le code ISIN XS1143001102, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 20/11/2019

Final Terms dated 12 March 2015
ING Bank N.V. (the "Issuer")
Issue of 250,000,000 Floating Rate Notes due November 2019 (the "Notes")
(to be consolidated and form a single series with the Issue of 250,000,000 5 Year
Floating Rate Notes due November 2019, the "Existing Notes")
under the 55,000,000,000 Debt Issuance Programme
(Series 132 2nd Tranche ISIN: XS1143001102)

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 European Economic Area which has implemented
Directive 2003/71/EC, as amended from time to time (the "Prospectus Directive"), (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 9 May 2014 as supplemented from time to
time, which constitutes a base prospectus for the purposes of Directive 2003/71/EC, as amended from time
to time (the "Prospectus Directive"). This document constitutes the Final Terms applicable to the issue of
Notes described herein for the purposes of Article 5.4 of the Prospectus Directive (as implemented by the
Dutch Financial Supervision Act (Wet op het financieel toezicht) and its implementing regulations and must
be read in conjunction with such 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 Base Prospectus. The Base
Prospectus is available for viewing at the Issuer's website (www.ing.com/Our-Company/Investor-
relations/Fixed-income-information.htm) and copies may be obtained from ING Groep N.V., c/o 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.
General Description of the Notes
1
Issuer:
ING Bank N.V.
2
(i) Series Number:
132
(ii) Tranche
2
(iii) Date on which the Notes will be
The Notes will be consolidated and form a single
consolidated and form a single
Series with the Existing Notes issued on 20 November
series:
2014, on the exchange of the Temporary Global Note
for interest in the Permanent Global Note, as referred
to in paragraph 22 below, which is expected to occur
on or around 21 April 2015.
3
Specified Currency or Currencies:
EUR ()
4
Aggregate Nominal Amount:

1

(i) Tranche:
250,000,000
(ii) Series:
500,000,000
5
Issue Price:
100.523% of the Aggregate Nominal Amount (plus 20
calendar days accrued interest from (and including) 20
February 2015 to (but excluding) the Issue Date in the
amount of 63,611.11).
6
(i) Specified Denominations:
100,000

(ii) Calculation Amount:
Not Applicable
7
(i) Issue Date:
12 March 2015
(ii) Interest Commencement Date:
20 February 2015
8
Maturity Date:
The Specified Interest Payment Date falling on or
nearest to November 2019
9
Interest Basis:
Floating Rate 3 Month EURIBOR + 0.41 % per
annum (further particulars specified in paragraph 15
below).
10 Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100% of their Aggregate Nominal
Amount.
11 Change of Interest Basis :
Not Applicable
12

Put/Call Options:
Not Applicable
13 Status of the Notes:
Senior
Provisions relating to Interest (if any) payable
14 Fixed Rate Note Provisions
Not Applicable
15

Floating Rate Note Provisions
Applicable

(i) Specified
Period(s)/Specified 20 May, 20 August, 20 November and 20 February in
Interest Payment Dates:
each year from (and including) 20 May 2015 up to (and
including) the Maturity Date, adjusted in accordance
with the Business Day Convention specified in sub-
paragraph 15(ii).

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

(iii) Additional Business Centre(s):
No Additional Business Centres

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

(v) Party responsible for calculating the
Rate of Interest and Interest
Amount(s):
Calculation Agent

(vi) Screen Rate Determination:
Applicable
2

- Reference Rate:
3-Month EUR-EURIBOR

- Interest Determination Date(s):
The second Business Day prior to the start of each
Interest Period.

- Relevant Screen Page:
Reuters Screen EURIBOR01 Page

(vii) ISDA Determination:
Not Applicable

(viii) Margin(s):
+ 0.41 % per annum.

(ix) Minimum Rate of Interest:
Not Applicable

(x) Maximum Rate of Interest:
Not Applicable

(xi) Day Count Fraction:
Actual/360
16

Zero Coupon Note Provisions
Not Applicable
Provisions relating to Redemption

17 Issuer Call
Not Applicable
18 Investor Put
Not Applicable
19 Regulatory Call
Not Applicable
20 Final Redemption Amount of each

Note:
100,000 per Specified Denomination.
21 Early Redemption Amount

(i) Early Redemption Amount of each

Note payable on redemption for taxation

reasons or on event of default:
Condition 6(f) applies.

(ii) Notice period:
As set out in the Conditions.
General Provisions Applicable to the Notes

22 Form of Notes

(i)
Form:
Bearer Notes

Temporary Global Note exchangeable for a Permanent
Global Note which is exchangeable for Definitive
Notes only on the occurrence of an Exchange Event,
subject to mandatory provisions of applicable laws and
regulations.

(ii)
New Global Note:
Yes
23 Additional Financial Centre(s) or other

special provisions relating to Payment

Dates:
Not Applicable
24 Talons for future Coupons to be attached
to Definitive Notes (and dates on which

such Talons mature):
No
25 Other final terms relating to SIS Notes:
Not Applicable

3

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

Duly authorised

Duly authorised

4

Part B -- Other Information
1.
Listing and Trading
(i) Listing and admission to trading
The Existing Notes are already admitted to
trading on the Luxembourg Stock Exchange.
Application is expected to be made by the Issuer
(or on its behalf) for the Notes to be admitted to
trading on the Luxembourg Stock Exchange with
effect from the Issue Date or as soon as possible
thereafter.
(ii) Estimate of total expenses related to

admission to trading:
2,400

2.
Ratings

Ratings:
The Notes to be issued will not be rated.

3.
Interests of Natural and Legal Persons involved in the Issue

Save for any fees payable to the Dealers, so far as the Issuer is aware, no person involved in the
issue of the Notes has an interest material to the offer. The Dealers and 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.
4.
Operational Information
(i) Temporary ISIN:
XS1199988160 (until consolidation after 40 days
after the Issue Date)
(ii) ISIN:
XS1143001102
(iii) Temporary Common Code:
119998816 (until consolidation after 40 days after
the Issue Date)
(iv) Common Code:
114300110
(v) Other relevant code:
Not Applicable
(vi) Any clearing system(s) other than
Euroclear
Bank
SA/NV
and
Clearstream
Banking,
société
anonyme, Euroclear Netherlands and
the Depository Trust Company and
the relevant identification number(s):
Not Applicable
(vii) Swiss Securities Number:
Not Applicable

5

(viii) Delivery:

The delivery of Notes shall be made free of
payment to the Issuer's account number 22529
with Euroclear. Any subsequent delivery of
Notes from the Issuer's account number 22529
with Euroclear to the relevant Dealer(s) shall
be made against payment.
(ix) Name and address of Swiss Paying
Agent:
Not Applicable
(x) Names and addresses of additional

Paying Agent(s) (if any):
Not Applicable
(xi) Name and address of Calculation Agent:

Not Applicable
(xii) Intended to be held in a manner which
would allow Eurosystem eligibility:
Yes
Note that the designation "Yes" simply means
that the Notes are intended upon issue to be
deposited with one of the International Central
Securities
Depositories
as
Common
Safekeeper and does not necessarily mean that
the Notes will be recognised as eligible
collateral for Eurosystem monetary policy and
intra day credit operations by the Eurosystem
either upon issue or at any or all times during
their life. Such recognition will depend upon
the ECB being satisfied that Eurosystem
eligibility criteria have been met.
5.
Distribution
(i) Method of distribution:
Non-syndicated
(ii) If syndicated, names of Managers:
Not Applicable
(iii) Stabilising Manager(s) (if any):
Not Applicable
(iv) If non-syndicated, name of Dealer:
Goldman Sachs International
(v) Total commission and concession:
Not Applicable
(vi) U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
(vii) ERISA:
Not Applicable

6