Obligation Iberdrola Energía 0% ( XS1433521884 ) en EUR

Iberdrola Energía

100 % ▼

Espagne

XS1433521884 ( en EUR )

16/06/2018 - Obligation échue

Prospectus brochure de l'obligation Iberdrola XS1433521884 en EUR 0%, échue

100 000 EUR

200 000 000 EUR

Iberdrola est une entreprise énergétique multinationale espagnole, l'une des plus grandes au monde, active dans la production, le transport et la distribution d'énergie, notamment éolienne, solaire et nucléaire.

L'Obligation émise par Iberdrola Energía ( Espagne ) , en EUR, avec le code ISIN XS1433521884, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 16/06/2018

FINAL TERMS
Final Terms dated 13 June 2016
Iberdrola International B.V.
(incorporated with limited liability in The Netherlands and having its corporate seat in Amsterdam)
Issue of
EUR 200,000,000 Floating Rate Notes due 16 June 2018
Guaranteed by
Iberdrola, S.A.
Under the EUR 20,000,000,000
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 Terms and Conditions of
Notes issued by Iberdrola International B.V. set forth in the Base Prospectus dated 26 June 2015 and the
supplement to the Base Prospectus dated 4 August 2015 and 7 March 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 such Base Prospectus as so supplemented. Full information on the Issuer,
the Guarantor 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 and the Final Terms have been published on the
website of the Luxembourg Stock Exchange at www.bourse.lu. and are available for viewing at the
registered office of the Issuer at Rapenburgerstraat 179D, 1011 VM Amsterdam, The Netherlands, and of the
Fiscal Agent at The Bank of New York Mellon, London Branch, One Canada Square, London E14 5AL,
United Kingdom and copies may be obtained from the Fiscal Agent at its aforementioned registered address.

1.
(i)
Series Number:
112
(ii)
Tranche Number:
1
(iii)
Date on which the Notes will be Not Applicable
consolidated and form a single
Series:
2.
Specified Currency or Currencies:
Euro ("")
3.
Aggregate Nominal Amount admitted to 200,000,000
trading:
4.
Issue Price:
99.899 per cent. of the Aggregate Nominal
Amount.
5.
Specified Denominations:
100,000 and integral multiples of 100,000
thereafter
6.
(i)
Issue Date:
16 June 2016

1

(ii)
Interest Commencement Date:
Issue Date
7.
Maturity Date:
16 June 2018
8.
Interest Basis:
3 Month EURIBOR + 35 bps Floating Rate (see
item 12 below)
9.
Change of Interest Basis:
Not Applicable
10.
Put/Call Options:
Change of Control Put Option

(see paragraph 17 below)
11.
Date Board approval for issuance of Notes 9 June 2016
obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
12.
Fixed Rate Note Provisions
Not Applicable
13.
Floating Rate Note Provisions
Applicable
(i)
Interest Period(s):
4 per year, subject to adjustment in accordance
with the Business Day Convention set out in (iv)
below(iv) debajo de
(ii)
Specified Interest Payment Dates:
16 June, 16 September, 16 December and 16
March in each year, subject to adjustment in
accordance with the Business Day Convention set
out in (iv) below, commencing on 16 September
2016
(iii)
Interest Period Date:
Not Applicable

(iv)
Business Day Convention:
Modified Following Business Day Convention
(v)
Business Centre(s):
Not Applicable
(vi)
Manner in which the Rate(s) of ISDA Determination
Interest is/are to be determined:
(vii)
Party responsible for calculating the Not Applicable
Rate of Interest and Interest Amount
(if not the Fiscal Agent)

(viii)
Screen Rate Determination:

Reference Rate:
3 Month EURIBOR

Reference Banks
Not Applicable

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

2

Relevant Screen Page:
Reuters Screen EURIBOR01 page
(ix)
ISDA Determination:
Not Applicable

Floating Rate Option:
Not Applicable

Designated Maturity:
Not Applicable

Reset Date:
the first day of the Interest Period

(x)
Linear Interpolation:
Not Applicable
(xi)
Margin(s):
+0.35 per cent. per annum
(xii)
Minimum Rate of Interest:
0.00 per cent. per annum
(xiii)
Maximum Rate of Interest:
Not Applicable
(xiv)
Day Count Fraction:
Actual/360

14.
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
15.
Call Option
Not Applicable
16.
Put Option
Not Applicable
17.
Change of Control Put:
Applicable
(i)
Optional Redemption Amount:
100% per Calculation Amount
(ii)
Notice periods:
As per Conditions
18.
Final Redemption Amount
100,000 per 100,000 in nominal amount
19.
Early Redemption Amount

Early Redemption Amount(s) payable on
redemption for taxation reasons or on Event
of Default and/or the method of calculating
the same (if required or if different from that
set out in Condition 6):
As per Conditions
GENERAL PROVISIONS APPLICABLE TO THE NOTES
20.
(a)
Form of Notes:
Bearer Notes:

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

3

(b)
New Global Note:
Yes
21.
Financial
Centre(s)
or
other
special TARGET2 Business Days
provisions relating to Payment Dates:
22.
Talons for future Coupons to be attached to No
Definitive Notes:
23.
Consolidation provisions:
Not Applicable

Signed on behalf of the Issuer:
Signed on behalf of the Guarantor:
By:
................................................................
By:
.................................................................
Duly authorised
Duly authorised

4

PART B OTHER INFORMATION

1.
LISTING
AND
ADMISSION
TO
TRADING
(i)
Admission to trading:
Application has been made for the Notes to be
admitted to trading on the Regulated Market of the
Luxembourg Stock Exchange with effect from 16
June 2016.
(ii)
Estimate of total expenses related to 1,590
admission to trading:
2.
RATINGS

Ratings:
The Notes to be issued have been rated:
Standard & Poor's Rating Services, a division of
the McGraw Hill Companies, Inc. (S&P): BBB+
Moody's Investor Service Limited (Moody's):
Baa1
Fitch Ratings Limited (Fitch): BBB+

S&P, Moody's and Fitch are established in the
European Union and are registered under
Regulation (EC) No. 1060/2009 (as amended). As
such, each of S&P, Moody's and Fitch is included
in the list of credit rating agencies published by the
European Securities and Market Authority on its
website in accordance with such Regulation
(http://www.esma.europa.eu/page/List-registered-
and-certified-CRAs).
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
So far as the Issuer is aware, no person involved in the offer of the Notes has an interest material
to the offer. The Joint Bookrunner 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 the Guarantor and their affiliates in the ordinary course of business.

4.
OPERATIONAL INFORMATION
ISIN Code:
XS1433521884
Common Code:
143352188
Any clearing system(s) other than Euroclear Not Applicable
and Clearstream Luxembourg and the
relevant identification number(s):

5

Names and addresses of additional Paying Not Applicable
Agent(s) (if any):
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
Depositaries (ICSDs), being Euroclear and
Clearstream, Luxembourg, 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

(a)
Method of distribution:
Non-syndicated
(b)
If syndicated, names of Managers:
Not Applicable
(c)
Date of Agreement:
10 June 2016
(d)
Stabilisation Manager(s) (if any):
Morgan Stanley & Co. International plc
(e)
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D

6