Obligation Intesa Sanpaolo Lux 0% ( XS1395187641 ) en EUR

Intesa Sanpaolo Lux

100 % ⇌

Luxembourg

XS1395187641 ( en EUR )

13/04/2018 - Obligation échue

Prospectus brochure de l'obligation Intesa Sanpaolo Bank Luxembourg XS1395187641 en EUR 0%, échue

100 000 EUR

715 000 000 EUR

Intesa Sanpaolo Bank Luxembourg est une banque privée offrant des services de gestion de patrimoine, de financement et de services bancaires aux particuliers et aux entreprises, principalement axée sur une clientèle internationale.

L'obligation XS1395187641 émise par Intesa Sanpaolo Bank Luxembourg, de devise EUR, d'une taille totale de 715 000 000 EUR et d'une taille minimale d'achat de 100 000 EUR, avec un taux d'intérêt de 0%, a atteint sa maturité le 13/04/2018 et a été intégralement remboursée au prix de 100%.

Final Terms dated 10 June 2016
Intesa Sanpaolo Bank Luxembourg S.A.

Issue of EUR 330,000,000 Floating Rate Notes due April 2018 (the "Notes")
(to be consolidated and form a single series with the EUR 405,000,000 Floating Rate Notes due April 2018 issued
on 13 April 2016 (the "Original Notes")
Guaranteed by

Intesa Sanpaolo S.p.A.

under the 70,000,000,000
Euro Medium Term Note Programme
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
Prospectus dated 3 December 2015 and the supplements to the Prospectus dated 12 February 2016 and 17 May
2016, which together constitute a base prospectus for the purposes of Directive 2003/71/EC, as amended (the
"Prospectus Directive") which includes the amendments made by Directive 2010/73/EU, the "2010 PD Amending
Directive", to the extent such amendments have been implemented in a relevant Member State. This document
constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive
and must be read in conjunction with the 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, the Prospectus and the supplements dated 12
February 2016 and 17 May 2016. The Prospectus and the supplements are available for viewing at the registered
office of the Issuer at 19-21 Boulevazrd Prince Henri, Luxembourg, Grand Duchy of Luxembourg and of the
Guarantor at Piazza San Carlo 156, 10121 Turin, Italy, during usual business hours of any weekday (Saturdays and
bank holidays excepted) and free of charge. The Prospectus and the supplements and, in the case of Notes admitted
to trading on the regulated market of the Luxembourg Stock Exchange, the applicable Final Terms will also be
published on the website of the Luxembourg Stock Exchange (www.bourse.lu).

1. (i) Series
Number:
839
(ii)
Tranche
Number:
2
(iii) Date on which the Notes become fungible
The Notes will be consolidated, form a single Series
and be interchangeable for trading purposes with
Tranche 1 on exchange of the Temporary Global
Note for interests in the Permanent Global Note, as
referred to in paragraph 26 below, which is expected
to occur on or about 40 days after the Issue Date (the
"Exchange Date"),
2. Specified
Currency
or Currencies:
Euro ("EUR")
3. Aggregate
Nominal
Amount:

(i) Series:
EUR
735,000,000
(ii)
Tranche:
EUR
330,000,000
4. Issue
Price:
100.045191
per
cent. of the Aggregate Nominal
Amount plus accrued interest from and including the
Interest Commencement Date, being 13 April 2016,
to but excluding 14 June 2016. Such accrued interest

is equal to EUR 164,248.33
5.
(i)
Specified Denominations:
EUR 100,000

(ii)
Calculation Amount:
EUR 100,000
6.
(i)
Issue Date:
14 June 2016

(ii)
Interest Commencement Date (if different 13 April 2016, being the date of issue of the Original
from the Issue Date):
Notes.
7.
Maturity Date:
Interest Payment Date falling in April 2018

8.
Interest Basis:
EURIBOR 3-month Floating Rate plus the relevant
Margin specified in paragraph 14 (ix) below.

(further particulars specified below)
9.
Redemption/Payment Basis:
Redemption at par
10.
Change of Interest or Redemption/Payment Basis:
Not Applicable
11.
Put/Call Options:
Not Applicable

12.
(i)
Status of the Notes:
Senior
(ii)
Status
of
the
Guarantee: Applicable

(iii)
Date of Deed of Guarantee:
14 June 2016

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Note Provisions
Not Applicable
14.
Floating Rate Note Provisions
Applicable

(i) Specified Period(s)/Specified Interest
Interest is payable quarterly in arrears on 13 April,
Payment Dates:
July, October and January in each year, starting from
(and including) 13 July 2016 to (and including) the
Maturity Date.
All such dates being subject to adjustment in
accordance with the Business Day Convention
specified in paragraph (iii) below.

(ii)
First Interest Payment Date
Interest Payment Dates falling on or nearest to 13
July 2016

(iii)
Business Day Convention:
Modified Following Business Day Convention
For the avoidance of doubt, the Interest Payment
Dates and the Interest Periods are adjusted.

(iv)
Additional Business Centre(s):
Not Applicable

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

(vi)
Name and address of party responsible for Not Applicable
calculating the Rate(s) of Interest and/or
Interest Amount(s) (if not the Principal
Paying Agent)

(vii)
Screen Rate Determination:

Reference Rate:
EURIBOR

Reference Currency: EUR

Designated Maturity: 3 months

Relevant Screen Page:
Reuters page EURIBOR01

Interest Determination Date(s):
Two TARGET2 business days before the start of
each Specified Period

Relevant Time:
11.00 a.m. Brussels time

Relevant Financial Centre:
Euro-zone (where Euro-zone means the region
comprised of the countries whose lawful currency is
the euro)

Reference Banks:
Not Applicable

CMS Rate definitions:
Not Applicable

(viii)
ISDA Determination:
Not Applicable

(ix)
Margin(s):
+ 0.54 per cent. per annum

(x)
Minimum Rate of Interest:
Not Applicable

(xi)
Maximum Rate of Interest:
Not Applicable
(xii)
Multiplier:
Not
Applicable

(xiii)
Reference Rate Multiplier: Not
Applicable

(xiv)
Day Count Fraction:
Actual/360
15.
Fixed-Floating Rate Note Provisions
Not Applicable
16.
Floating-Fixed Rate Note Provisions
Not Applicable
17.
Zero Coupon Note Provisions
Not Applicable
18.
Inflation Linked Note Provisions
Not Applicable
19.
Change of Interest Basis Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION
20.
Call Option
Not Applicable
21.
Put Option
Not Applicable
22.
Regulatory Call
Not Applicable
23.
Final Redemption Amount
EUR 100,000 per Calculation Amount
24.
Early Redemption Amount

(i) Early Redemption Amount(s) payable on As per Condition 10(b)
redemption for taxation or regulatory reasons,
or on event of default:

25.
Early Termination Amount

(i)
payable on redemption for event of default:
As per Condition 13(a)

GENERAL PROVISIONS APPLICABLE TO THE NOTES
26.
Form of Notes:
Bearer Notes

Temporary
Global
Note exchangeable for a
Permanent Global Note which is exchangeable for
Definitive Notes in the limited circumstances
specified in the Permanent Global Note.

27.
New Global Note Form:
Yes
28. Additional Financial Centre(s) or other special Not Applicable
provisions relating to Payment Dates:

29. Talons for future Coupons to be attached to No
Definitive Notes:

PART B OTHER INFORMATION

LISTING AND ADMISSION TO TRADING
1. (i) Listing:
Luxembourg

(ii)
Admission to trading:
Application is expected to be made for the
Notes to be admitted on the regulated market of
the Luxembourg Stock Exchange with effect
from the Issue Date.
The Original Notes have been already admitted
to trading on the regulated market of the
Luxembourg Stock Exchange since 13 April
2016.

(iii)
Estimate of total expenses related to Eur 720
admission for trading

2.
RATINGS

Ratings:
The Notes to be issued have been expected to
be rated:

S & P's: BBB- (Stable Outlook)

Moody's: Baa1 (Stable Outlook)

Fitch: BBB+ (Stable Outlook)
DBRS: A (low) (Stable Trend)

Each of Moody's Investors Service Ltd,
Standard & Poor's Credit Market Services,
Fitch Ratings Limited and DBRS Ratings
Limited is established in the European Union
and registered under Regulation (EC) No
1060/2009 (as amended by Regulation (EC) No
513/2011) (the "CRA Regulation").

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
offer of the Notes has an interest material to the offer.

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

(i)
Reasons for the offer:
General funding purposes, in accordance with
the section entitled "Use of Proceeds" under

"General Information" in the Prospectus.

(ii)
Estimated net proceeds:
EUR 330,214,378.63

5.
Fixed Rate Notes only YIELD

Indication of yield: Not Applicable

6.
Floating Rate Notes, EONIA Linked Interest Notes and CMS Linked Interest Notes only
HISTORIC INTEREST RATES

Details of historic EURIBOR rate can be obtained from Reuters page EURIBOR01.
7.
OPERATIONAL INFORMATION

ISIN Code:
Until the Notes are consolidated and form a
single Series with the Original Notes, the Notes
will have a temporary ISIN Code
XS1434221195. After the Notes are
consolidated and form a single Series with the
Original Notes on or after the Exchange Date,
they will have the same ISIN Code as the
Original Notes, being XS1395187641.

Common Code:
Until the Notes are consolidated and form a
single Series with the Original Notes, the Notes
will have a temporary Common Code
143422119. After the Notes are consolidated
and form a single Series with the Original Notes
on or after the Exchange Date, they will have
the same Common Code as the Original Notes,
being 139518764

Intended to be held in a manner which would Yes. Note that the designation "yes" simply
allow Eurosystem eligibility:
means that the Notes are intended upon issue to
be deposited with one of Euroclear Bank
S.A./N.V. and/or Clearstream Banking, société
anonyme (the "ICSDs") 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
European Central Bank being satisfied that
Eurosystem eligibility criteria have been met.

Any clearing system(s) other than Euroclear Not Applicable
Bank S.A./N.V.,/and Clearstream Banking,
société anonyme and the relevant identification
numbers:

Delivery:
Delivery against payment

Names and addresses of additional Paying Not Applicable
Agent(s)(if any):

Deemed delivery of clearing system notices for Any notice delivered to Noteholders through
the purposes of Condition 19:
the clearing systems will be deemed to have
been given to the Noteholders on the date on
which it was given to Euroclear and/or
Clearstream, Luxembourg.
8.
DISTRIBUTION

(i)
Method of distribution:
Non-syndicated
(ii)
If
syndicated:
Not
Applicable

(iii)
If non-syndicated, name and address of Intesa Sanpaolo S.p.A.
Dealer:
Piazza San Carlo 156
10121 Turin
Italy

(iv)
U.S. Selling Restrictions:
Reg. S compliance category: 2
TEFRA D