Obligation ING Groep N.V. 0.75% ( XS1324217733 ) en NOK

ING Groep N.V.

100 % ⇌

Pays-Bas

XS1324217733 ( en NOK )

0.75% par an ( paiement annuel )

24/11/2020 - Obligation échue

Prospectus brochure de l'obligation ING Bank N.V XS1324217733 en NOK 0.75%, échue

100 000 NOK

500 000 000 NOK

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 NOK, avec le code ISIN XS1324217733, paye un coupon de 0.75% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 24/11/2020

Final Terms dated 20 November 2015
ING Bank N.V.
Issue of 500,000,000 0.750% Fixed Rate Notes due 24 November 2020
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:
159

(ii) Tranche Number:
1

(iii) Date on which the Notes will be
Not Applicable

consolidated and form a single series:
3
Specified Currency or Currencies:
Euro ()

4
Aggregate Nominal Amount:

(i) Tranche:
500,000,000

(ii) Series:
500,000,000
5
Issue Price:
99.771% of the Aggregate Nominal Amount
6
(i) Specified Denominations:
100,000
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(ii) Calculation Amount:
Not Applicable
7
(i) Issue Date:
24 November 2015

(ii) Interest Commencement Date:
Issue Date
8
Maturity Date:
24 November 2020
9
Interest Basis:
0.750% Fixed 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
Applicable

(i) Rate of Interest:
0.750% per annum payable annually in arrear

(ii) Interest Payment Date(s):
24 November in each year commencing on (and
including) 24 November 2016 up to (and including)
the Maturity Date, adjusted in accordance with the
Business Day Convention specified in sub-paragraph
14(vii).

(iii) Fixed Coupon Amount(s):
750 per Specified Denomination

(iv) Broken Amount(s):
Not Applicable

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

(vi) Determination Dates:
24 November in each year

(vii) Business Day Convention:
Following Business Day Convention (Unadjusted)

(viii) Interest Amount Adjustment:
Not Applicable

(ix) Additional Business Centre(s):
No Additional Business Centre(s)

(x) Party responsible for calculating the Calculation Agent
Interest Amount(s):

(xi) Other terms relating to the method of None
calculating interest for Fixed Rate Notes:
15 Floating Rate Note Provisions
Not Applicable
16 Zero Coupon Note Provisions
Not Applicable

Provisions relating to Redemption

17 Issuer Call
Not Applicable
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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
100,000 per Specified Denomination
payable on redemption for taxation reasons or
on event of default:

(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
Not Applicable
special provisions relating to Payment Dates:
24 Talons for future Coupons to be attached to
No
Definitive Notes (and dates on which such

Talons mature):
25 Other final terms relating to SIS Notes:
Not Applicable

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.

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Signed on behalf of the Issuer:

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

By: ..........................................
Duly authorised
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Part B -- Other Information
1.
Listing and Trading
(i) Listing and admission to trading:
Application is expected to be made by the Issuer (or

on its behalf) for the Notes to be admitted to trading
on Euronext Amsterdam with effect from the Issue
Date
(ii) Estimate of total expenses related to

admission to trading:
3,700

2.
Ratings

Ratings:
The Notes to be issued have been rated:

Standard & Poor's: A

Moody's: A1

Fitch: A

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

Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the
issue of the Notes has an interest material to the offer. The Managers 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.
Reasons for the offer, estimated net proceeds and total expenses
Reasons for the offer:
The net proceeds of the Notes will be used
exclusively to finance and/or refinance Eligible
Green Projects (as defined below) meeting the
Eligibility Criteria (as defined below).

Pending the full allocation of the net proceeds of the
Notes to the Eligible Green Projects, the Issuer will
hold and/or invest the balance of net proceeds not yet
allocated to Eligible Green Projects within a separate
account of its treasury department, at its own
discretion, in cash, cash equivalent and/or other liquid
marketable instruments in its liquidity portfolio.

"Eligible Green Projects" include loans held by the
Issuer to finance and/or refinance sustainable projects
within the framework of the Issuer's Sustainable
Finance program (as further described at
www.ing.com). The Eligible Green Projects fall into
the following categories:

(a)
Renewable Energy: loans that have the
primary purpose of financing the acquisition,
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development, building, operating and/or
maintenance of assets that generate energy
from renewable sources such as wind power
(onshore and off shore), solar power, hydro
power (small run-of-river) and geothermal
power;
(b)
Green Buildings: loans that have the primary
purpose of financing the acquisition,
development, building, operating and/or
maintenance of commercial real estate that
benefit from a certificate with one of the
following
quality
levels:
BREEAM
(`minimum Very Good'), LEED (`minimum
Gold'), DGNB (`minimum Silver/Gold') and
HQL (`minimum Excellent');
(c)
Public Transportation: loans that have the
primary purpose of financing the acquisition,
development, building, operating and/or
maintenance of all modes of public transport
infrastructure and systems and assets such as
electronic train production and passenger train
and network operation;
(d)
Waste Management: loans that have the
primary purpose of financing the acquisition,
development, building, operating, and/or
maintenance of assets that focus on the
process recycling and/or reuse of wasted
materials, in all forms and substances;
(e)
Water Management: loans that have the
primary purpose of financing the acquisition,
development, building, operating, and/or
maintenance of assets for treatment and
recycling of water and flood protection;
(f)
Energy Efficiency: loans that have the primary
purpose of financing energy efficiency
measures and/or loans which repayments are
made from savings through energy efficiency
measures.

"Eligibility Criteria" means the criteria prepared by
Oekom Research AG. Oekom Research AG has
reviewed the selected Eligible Green Projects and has
issued a second party opinion based on the Eligibility
Criteria. The second party opinion is available on the
Issuer's website: www.ing.com.
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The Issuer is expected to issue a report at least
annually on (i) the impact of the Eligible Green
Projects, and (ii) the allocation of the use of proceeds
of the Notes to Eligible Green Projects. An external
auditor will provide annual assurance on the
allocation of the use of proceeds of the Notes to
Eligible Green Projects, which will be published by
the Issuer through its annual report.

Any information contained in or accessible through
any website, including www.ing.com, does not form
part of the Final Terms and Base Prospectus, unless
specifically stated.

5.
Yield (Fixed Rate Notes only)
Indication of yield:
0.797%.

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.

6.
Operational Information
(i) ISIN:
XS1324217733

(ii) Common Code:
132421773
(iii) Other relevant code:
Not Applicable
(iv) Any clearing system(s) other than Not Applicable
Euroclear Bank SA/NV and Clearstream
Banking, société anonyme, Euroclear
Netherlands and The Depository Trust
Company and the relevant identification
number(s):
(v) Swiss Securities Number:
Not Applicable
(vi) Delivery:
Delivery against payment

(vii) Name and address of Swiss Paying Not Applicable
Agent:
(viii) Names and addresses of additional Not Applicable

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

(x) Intended to be held in a manner which Yes
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
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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.
7.
Distribution
(i) Method of distribution:
Syndicated
(ii) If syndicated, names of Managers:
Lead Manager:
ING Bank N.V.
Managers:
Citigroup Global Markets Limited; Crédit Agricole
Corporate and Investment Bank; Lloyds Bank plc;
Skandinaviska Enskilda Banken AB (publ)
(iii) Stabilising Manager(s) (if any):
Not Applicable
(iv) If non-syndicated, name of Dealer:
Not Applicable
(v) Total commission and concession:
Not Applicable
(vi) U.S. Selling Restrictions:
Reg S Compliance Category 2; TEFRA D
(vii) ERISA:
Not Applicable

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