Obligation OP Yrityskassi Oyj 1.62% ( XS1280147569 ) en SEK

OP Yrityskassi Oyj

100 % ⇌

Finlande

XS1280147569 ( en SEK )

1.62% par an ( paiement trimestriel )

24/08/2025 - Obligation échue

Prospectus brochure de l'obligation OP Yrityspankki Oyj XS1280147569 en SEK 1.62%, échue

1 000 000 SEK

3 500 000 000 SEK

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 SEK, avec le code ISIN XS1280147569, paye un coupon de 1.62% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 24/08/2025

Final Terms dated 21 August 2015
Pohjola Bank plc ("Bank", "Pohjola Bank" or the "Issuer")
(Incorporated in Finland with limited liability)
Issue of SEK 3,500,000,000 Callable Floating Rate Dated Tier 2 Instruments due 2025
under the EUR 15,000,000,000 Programme for the Issuance of Debt Instruments
Part A
Contractual Terms
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Base
Prospectus dated 17 February 2015 and the supplemental Base Prospectuses dated 29 April 2015, 12 June 2015
and 5 August 2015 which together constitute a base prospectus for the purposes of the Prospectus Directive.
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 as so supplemented. 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 as so supplemented. The Base Prospectus and the supplemental Base
Prospectuses are 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.
1.
Iss uer:
Pohjola Bank plc

2.
(i)
Series Number:
194

(ii)
Tranche Number:
1

(iii)
Date on which the Instruments Not Applicable

become fungible:
3.
Sp ecified Currency or Currencies:
Swedish Krona ("SEK")

4.

Aggregate Nominal Amount of Instruments:
SEK 3,500,000,000

(i)
Series:
SEK 3,500,000,000

(ii)
Tranche:
SEK 3,500,000,000

5.
Iss ue Price:
100 per cent. of the Aggregate Nominal Amount

6.
(i)
Specified Denominations:
SEK 1,000,000

(ii)
Calculation Amount:
SEK 1,000,000

7.
(i)
Issue Date:
25 August 2015

(ii)
Interest Commencement Date:
Issue Date

8.

Maturity Date:
25 August 2025

9.
In terest Basis:
3-month STIBOR + 1.60 per cent. Floating Rate

Condition 5B. (Interest Floating Rate)

10. R
edemption/Payment Basis:
Redemption at par

11. C
hange of Interest or Redemption/ Payment Not Applicable

Basis:
87441-4-5206-v3.0
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UK-0060-A

12. Pu t/Call Options:
Issuer Call

13.

Status of the Instruments:
Tier 2 Instruments subordinated

(i)
Date Board approval for issuance of 16 December 2014

Instruments obtained:
14.

Method of distribution:
Syndicated

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

15. F
ixed Rate Instrument Provisions
Not Applicable

16. F
loating Rate Instrument Provisions
Applicable

(i)
Interest Period(s):
The period beginning on (and including) the Interest
Commencement Date and ending on (but excluding) the
first Interest Payment Date and each period beginning
on (and including) a Specified Interest Payment Date
and ending on (but excluding) the next Specified
Interest Payment Date is herein called an "Interest
Period"
(ii)
Specified Interest Payment Dates:
Interest shall be payable quarterly in arrear on 25
February, 25 May, 25 August and 25 November in each
year, commencing on the First Interest Payment Date,
up to (and including) the Maturity Date, subject to
adjustment in accordance with the Business Day
Convention specified below
(iii)
First Interest Payment Date:
25 November 2015

(iv)
Business Day Convention:
Modified Following Business Day Convention

(v)
Business Centre(s):
London, Helsinki and Stockholm

(vi)
Manner in which the Rate(s) of Screen Rate Determination

Interest is/are to be determined:
(vii)
Party responsible for calculating the Not Applicable

Rate(s) of Interest and/or Interest
Amount(s) (if not the Fiscal Agent):

(viii)
Screen Rate Determination:

Reference Rate:
3-month STIBOR

(or any successor or replacement rate)

Relevant Time:
11.00am Stockholm time

Interest
Determination The second Principal Financial Centre Banking Day
Date(s):
before the first day of the relevant interest period

Relevant Screen Page:
Reuters Screen SIDE Page

(ix)
Swap-related (ISDA):
Not Applicable

(x)
Linear Interpolation:
Not Applicable

(xi)
Margin(s):
+ 1.60 per cent. per annum

87441-4-5206-v3.0
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UK-0060-A

(xii)
Minimum Rate of Interest:
0 per cent. per annum

(xiii)
Maximum Rate of Interest:
Not Applicable

(xiv)
Day Count Fraction:
Actual/360

17. Ze ro Coupon Instrument Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION

18.

Call Option
Applicable

(i)
Optional Redemption Date(s):
25 August 2020

(ii)
Optional Redemption Amount(s):
SEK 1,000,000 per Calculation Amount

(iii)
If redeemable in part:

(a) Minimum
Redemption Not Applicable

Amount:

(b) Maximum
Redemption Not Applicable

Amount:

(iv)
Notice period:
As set out in Condition 6.04 in respect of the relevant
Optional Redemption Date

(v)
Early redemption following a Capital Applicable

Event:
19. P
ut Option
Not Applicable

20. F
inal Redemption Amount
SEK 1,000,000 per Calculation Amount

21. E
arly Redemption Amount

Early Redemption Amount(s) per Calculation SEK 1,000,000 per Calculation Amount

Amount payable on redemption for taxation
reasons or on event of default or other early
redemption:
GENERAL PROVISIONS APPLICABLE TO THE INSTRUMENTS

22. Fo rm 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
23.

New Global Instrument:
Not Applicable

24.

Financial Centre(s) or other special provisions London, Helsinki and Stockholm

relating to payment dates:
25. T
alons for future Coupons or Receipts to be Yes

attached to Definitive Instruments (and dates
on which such Talons mature):
26. R
edenomination,
renominalisation
and Not Applicable

reconventioning provisions (Condition 16):
87441-4-5206-v3.0
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UK-0060-A

27. Su bstitution or variation following a Capital Not Applicable

Event:

87441-4-5206-v3.0
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UK-0060-A

Signed on behalf of the Issuer:

By: :.................................
By:.................................
Duly authorised
Duly authorised

- 5 -

Part B
Other Information
1.
L ISTING AND ADMISSION TO TRADING

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 the Issue Date.

Estimate of total expenses related to GBP 3,650

admission to trading:
2.

RATINGS

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

Standard & Poor's Credit A-

Market Services Europe
Limited:

Moody's Investors Service Baa1

Ltd:

Fitch Ratings Limited:
A

3.
I
NTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE/OFFER

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.
4.

OPERATIONAL INFORMATION

ISIN Code:
XS1280147569

Common Code:
128014756

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 Paying Not Applicable

Agent(s) (if any):
5.

DISTRIBUTION

(i) If syndicated, names of Managers
J.P. Morgan Securities plc

Pohjola Bank plc
Swedbank AB (publ)

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

(iii) Date of Subscription Agreement:
21 August 2015

If non-syndicated, name and address of Not Applicable

Dealer:
87441-4-5206-v3.0
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UK-0060-A

U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D

87441-4-5206-v3.0
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UK-0060-A