Obligation ING Groep 0% ( XS1275474085 ) en EUR

ING Groep

100 % ⇌

Pays-Bas

XS1275474085 ( en EUR )

0%

14/08/2017 - Obligation échue

Prospectus brochure de l'obligation ING Bank XS1275474085 en EUR 0%, échue

100 000 EUR

1 175 000 000 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'instrument financier analysé est une obligation émanant d'ING Bank, une institution bancaire et financière internationale majeure et diversifiée dont le siège est établi aux Pays-Bas, et dont l'émission obligataire, identifiée par le code ISIN XS1275474085, s'inscrivait dans le cadre de ses opérations de financement, représentant un volume total de 1 175 000 000 EUR libellés dans la devise européenne, cette obligation, caractérisée par un taux d'intérêt nul, signalant sa nature de titre à coupon zéro, n'offrant donc pas de paiements d'intérêts périodiques et prévoyant une unique échéance de remboursement, était accessible sur le marché avec une taille minimale d'achat de 100 000 EUR depuis son pays d'émission, les Pays-Bas, jusqu'à son arrivée à maturité le 14 août 2017, date à laquelle elle a été intégralement remboursée à son prix nominal de 100%, achevant ainsi son cycle de vie financier.

Final Terms dated 20 August 2015
ING Bank N.V.
Issue of EUR 50,000,000 Floating Rate Note due August 2017 (the "Notes") (to be consolidated and
form a single Series with the issue of EUR 590,000,000 Floating Rate Note due August 2017, the
"Existing Notes")
under the 55,000,000,000 Debt Issuance Programme
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 12 May 2015 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/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:
146

(ii) Tranche Number:
5

(iii) Date on which the Notes will be

consolidated and form a single series:
The Notes will be consolidated and form a single
Series with the Existing Notes on the Issue Date.
3
Specified Currency or Currencies:
EUR
4
Aggregate Nominal Amount:

(i) Tranche:
EUR 50,000,000

(ii) Series:
EUR 640,000,000
5
Issue Price:
101.0033% of the Aggregate Nominal Amount. (plus

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11 calendar days accrued interest from (and
including) 14 August 2015 to (but excluding) the
Issue Date in the amount of EUR 10,480.56).
6
(i) Specified Denominations:
EUR 100,000

(ii) Calculation Amount:
Not Applicable
7
(i) Issue Date:
25 August 2015

(ii) Interest Commencement Date:
14 August 2015
8
Maturity Date:
Interest Payment Date falling in or nearest to August
2017.
9
Interest Basis:
3 Month EURIBOR + 0.71% Floating Rate
(further particulars specified 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 per cent. 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 Interest 14 November, 14 February, 14 May and 14 August
Payment Dates:
of each year in the period from and including 14
November 2015 to and including 14 August 2017,
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 Centre(s)

(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

- Reference Rate:
3 month EURIBOR

- Interest Determination Date(s):
The second day on which the TARGET System is
open prior to the start of each Interest Period.

- Relevant Screen Page:
Reuters Page EURIBOR01

(vii) ISDA Determination:
Not Applicable

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(viii) Margin(s):
+ 0.71 % 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:
EUR 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

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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

4

Part B -- Other Information
1.
Listing and Trading
(i) Listing and admission to trading
The Notes will be consolidated and form a single
Series with the Existing Notes which are admidded
to trading on the Luxembourg Stock Exchange.
(ii) Estimate of total expenses related to

admission to trading:
EUR 1,500

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 Dealer, so far as the Issuer is aware, no person involved in the issue of
the Notes has an interest material to the offer. The Dealer and its 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) ISIN:
XS1275474085
(ii) Common Code:
127547408
(iii) Other relevant code:
Not Applicable
(iv) 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
(v) Swiss Securities Number:
Not Applicable
(vi) 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.
(vii) Name and address of Swiss Paying
Agent:
Not Applicable
(viii) Names and addresses of additional
Paying Agent(s) (if any):
Not Applicable
(ix) Name and address of Calculation Agent:
Not Applicable
(x) Intended to be held in a manner which Yes

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would allow Eurosystem eligibility:
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:
J.P. Morgan Securities plc.
(v) Total commission and concession:
Not Applicable
(vi) U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
Applicable
(vii) ERISA:
Not Applicable

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