Obligation Alliandra N.V. 0.875% ( XS1400167133 ) en EUR

Alliandra N.V.

100 % ⇌

Pays-bas

XS1400167133 ( en EUR )

0.875% par an ( paiement annuel )

22/04/2026 - Obligation échue

Prospectus brochure de l'obligation Alliander N.V XS1400167133 en EUR 0.875%, échue

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Alliander N.V. est une société néerlandaise d'infrastructure énergétique gérant le réseau de distribution d'électricité et de gaz naturel dans une grande partie des Pays-Bas.

L'obligation portant le code ISIN XS1400167133, émise par Alliander N.V., est un instrument financier qui a récemment conclu son cycle de vie. Alliander N.V. est une entité clé dans le secteur de l'énergie aux Pays-Bas, opérant en tant qu'opérateur de réseau de distribution d'électricité et de gaz. Son rôle fondamental dans l'infrastructure nationale confère généralement à ses émissions obligataires un profil de stabilité, reflétant le caractère essentiel et souvent régulé de ses activités. Cette obligation spécifique était libellée en euros (EUR) et offrait un taux d'intérêt annuel de 0,875%, avec une fréquence de paiement des coupons fixée à une fois par an. Sa date de maturité était le 22 avril 2026. Conformément à ses termes, l'obligation est arrivée à échéance et a été intégralement remboursée à son prix nominal de 100%, confirmant ainsi l'exécution complète et ponctuelle de ses obligations par l'émetteur envers les porteurs de titres.

FINAL DRAFT DATED 20 APRIL 2016

FINAL TERMS
20 April 2016
ALLIANDER N.V.
Issue of EUR 300,000,000 0.875% Notes due 22 April 2026

under the Euro 3,000,000,000
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 Base Prospectus dated 5 October 2015 and the supplement to it dated 12 April 2016 which
together constitute a base prospectus for the purposes of the Prospectus Directive (the "Base
Prospectus"). 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 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 Utrechtseweg 68, 6812 AH Arnhem, the Netherlands and www.alliander.com and copies
may be obtained from Utrechtseweg 68, 6812 AH Arnhem, the Netherlands.
Any information contained in or accessible through any website, including www.alliander.com does
not form a part of the Base Prospectus, unless specifically stated in the Base Prospectus, in any
supplement hereto or in any document incorporated or deemed to be incorporated by reference in this
Base Prospectus that all or any portion of such information is incorporated by reference in the Base
Prospectus.

1.
Issuer:
Alliander N.V.
2.
(a)
Series Number:
21
(b)
Tranche Number:
1
(c)
Date on which the Notes will
Not Applicable
be consolidated and form a
single Series:
3.
Specified Currency or Currencies:
Euro
4.
Aggregate Nominal Amount:

(a)
Series:
Euro 300,000,000
(b)
Tranche:
Euro 300,000,000
5.
(a)
Issue Price:
99.382 per cent. of the Aggregate Nominal
Amount
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6.
(a)
Specified Denominations:
Euro 100,000
(b)
Calculation Amount
Euro 100,000

7.
(a)
Issue Date:
22 April 2016
(b)
Interest Commencement Date:
22 April 2016
8.
Maturity Date:
22 April 2026
9.
Interest Basis:
0.875 per cent. Fixed Rate
(see paragraph 14 below )
10.
Redemption:
Subject to any purchase and cancellation or
early redemption, the Notes will be
redeemed on the Maturity Date at 100 per
cent. of their nominal amount
11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:

Issuer Call
(see paragraph 18 below )
13.
Date Board approval for issuance of
16 February 2016
Notes obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions
Applicable
(a)
Rate(s) of Interest:
0.875 per cent. per annum payable in arrear
on each Interest Payment Date
(b)
Interest Payment Date(s):
22 April in each year, commencing on 22
April 2017, up to and including the Maturity
Date
(c)
Fixed Coupon Amount(s):
Euro 875 per Calculation Amount
(d)
Broken Amount(s):
Not Applicable
(e)
Day Count Fraction:
Actual/Actual (ICMA)
(f)
Determination Date(s):
22 April in each year
15.
Floating Rate Note Provisions
Not Applicable
16.
Zero Coupon Note Provisions
Not Applicable

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PROVISIONS RELATING TO REDEMPTION
17.
Notice periods for Condition 6(b):
Minimum Period: 15 days
Maximum Period: 30 days
18.
Issuer Call:
Applicable
(a)
Optional Redemption Date(s):
22 January 2026 and any time thereafter
(b)
Optional Redemption Amount:
Euro 100,000 per Calculation Amount

(c)
If redeemable in part:

(i)
Minimum Redemption
Not applicable
Amount:
(ii)
Maximum Redemption
Not applicable
Amount:
(d) Notice periods:
Minimum Period: 15 days
Maximum Period: 30 days

19.
Investor Put:
Not Applicable

20.
Early Redemption Amount payable on
Euro 100,000 per Calculation Amount
redemption for taxation reasons or on
event of default:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
21.
Form of Notes:

(a)
Form:
Temporary Global Note exchangeable for a
Permanent
Global
Note
which
is
exchangeable for Definitive Notes only upon
an Exchange Event

(b)
New Global Note:
Yes
22.
Additional Financial Centre(s):
TARGET2
23.
Talons for future Coupons to be attached
No
to Definitive Notes:
24.
Whether Condition 7 of the Notes
Condition 7 applies
applies:

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Signed on behalf of the Issuer:

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

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PART B OTHER INFORMATION

1.
LISTING

(i)
Listing and Admission to
Application has been made by the Issuer (or on its
trading:
behalf) for the Notes to be admitted to trading on
Euronext in Amsterdam.
(ii) Estimate of total expenses related to Euro 5,900
admission to trading:
2.
RATINGS

Ratings:
The Notes to be issued have been rated Aa2 by
Moody's Investors Service Limited and AA- by
Standard & Poor's Credit Market Services Europe
Limited (together the "Rating Agencies").
Each of the Rating Agencies is established in the
European Union and is registered under the
Regulation (EC) No. 1060/2009 (as amended) (the
"CRA Regulation").

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.
4.
REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i)
Reasons for the offer

The proceeds of the Notes (the "Green Notes") wil be used exclusively to refinance and finance
(future) projects falling under a defined Green Bond Verification Framework. This framework
covers three Eligible Project Categories: Smart Grids, Green Buildings and Heating Networks

Indicative

Project Category
Project Steps and Schedule
allocation of
Green Note

Telecom network:
EUR 48m
A
Smart Grids
Fibre-optic network
EUR 30m
Wireless network (CDMA)

Substation automation:
EUR 0m
Sensor and technology deployment mid- and high-voltage

grid
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Smart Meter:
EUR 157m
Small-scale deployment

TOTAL Smart Grids
EUR 235m

B
Green Buildings
Re-development of the Issuer's premises in Duiven
EUR 53m

C
Heating Networks

EUR 0m

Total all categories

EUR 288m

Further proceeds to be allocated to one of the Eligible Project Categories
EUR 12m

Total Green Notes issuance
EUR 300m

oekom research AG has reviewed the selected eligible projects and has issued a second party
opinion based on the Green Bond Principles criteria and a defined Green Bond Verification
Framework. The second party-opinion is available on oekom's website (http://oekom-
research.com/homepage/SPO/SPO_oekom_SPO_Alliander2016.pdf).
The Issuer will track the proceeds of the projects and earmark the amounts (re-)financed with the
Green Notes within its internal systems. The net proceeds will be allocated as follows: for
existing projects being refinanced through this Green Notes issuance the proceeds will be
allocated directly. The remaining unallocated proceeds will be invested into money market funds
until the allocation to new eligible projects.
The Issuer will appoint an external auditor in order to provide assurance on the use of proceeds
of the Green Notes.
The Issuer commits to report one-off towards the Green Notes' investors and commits to renew
this reporting in case of material changes. The reporting will take place approximately one year
after the issuance. The reporting wil be made available within the investor relations' section on
the Issuer's website. The Issuer wil provide qualitative description of projects as well as
information on the amounts invested.

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(ii)
Estimated net proceeds:
Euro 298,146,000

5.
YIELD

Indication of yield:
0.940 per cent.
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:
XS1400167133
(ii)
Common Code:
140016713
(iii)
Any clearing system(s) other than Not applicable
Euroclear
and
Clearstream
Luxembourg and the relevant
identification number(s):
(iv)
Delivery:
Delivery against payment
(v)
Names and addresses of additional Not applicable
Paying Agent(s) (if any):

(vi)
Intended to be held in a manner Yes. Note that the designation "yes" simply means
which would allow Eurosystem that the Notes are intended upon issue to be
eligibility:
deposited with one of 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 ECB being satisfied that
Eurosystem eligibility criteria have been met.

7.
DISTRIBUTION

(i)
Method of distribution:
Syndicated
(ii)
If
syndicated,
names
and Citigroup Global Markets Limited
addresses of Managers and Coöperatieve Rabobank U.A.
underwriting
ING Bank N.V.
commitments/quotas
(material
features):

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(iii)
Date of Subscription Agreement:
20 April 2016
(iv)
Stabilisation Manager(s) (if any):
ING Bank N.V.
(v)
If non-syndicated, name and Not Applicable
address of relevant Dealer:
(vi)
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D

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