Obligation NORD/LB LUXEMBOURG S.A. COVERED BONDS 0.25% ( XS1569741884 ) en EUR

NORD/LB LUXEMBOURG S.A. COVERED BONDS

100 % ▼

Allemagne

XS1569741884 ( en EUR )

0.25% par an ( paiement annuel )

23/08/2021 - Obligation échue

Prospectus brochure de l'obligation NORD/LB LUXEMBOURG S.A. COVERED BOND BANK XS1569741884 en EUR 0.25%, échue

100 000 EUR

500 000 000 EUR

NORD/LB LUXEMBOURG S.A. est une banque basée au Luxembourg, émettant des obligations garanties (covered bonds) pour financer ses activités de prêt.

L'Obligation émise par NORD/LB LUXEMBOURG S.A. COVERED BONDS ( Allemagne ) , en EUR, avec le code ISIN XS1569741884, paye un coupon de 0.25% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 23/08/2021

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS

Final Terms
21 February 2017

EUR 500,000,000 0.25 per cent. Fixed Rate Lettres de Gage publiques due 23 August 2021

issued pursuant to the

EUR 7,500,000,000
Programme for the Issuance of Debt Instruments dated 11 April 2016

of

NORD/LB Luxembourg S.A. Covered Bond Bank

Important Notice

These Final Terms contain information relating to the issuance of Instruments under the
EUR 7,500,000,000 Programme for the Issuance of Debt Instruments (the "Programme") of NORD/LB
Luxembourg S.A. Covered Bond Bank.

These Final Terms have been prepared for the purpose of Article 5 (4) of the Directive 2003/71/EC
of the European Parliament and of the Council of 4 November 2003, as amended by Directive
2010/73/EU of the European Parliament and of the Council of 24 November 2010, and must be read
in conjunction with the prospectus relating to the Programme dated 11 April 2016 (the "Prospectus")
and the supplements dated 5 September 2016 and 5 January 2017 (each a "Supplement" and to-
gether the "Supplements").

Complete information on the Issuer and the offer of the Instruments is only available on the basis of
the combination of the Prospectus, and the Supplements and these Final Terms.

The Prospectus, the Supplements and these Final Terms have been published on the Issuer's website
(http://www.nordlb.lu).

The Final Terms must be read in conjunction with the Prospectus.

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS
PART I Conditions Applicable to an Issue of Instruments

Conditions that complete and specify the Terms and Conditions.
Bedingungen, die die Emissionsbedingungen komplettieren bzw. spezifizieren.

This PART I of the Final Terms is to be read in conjunction with the set of Terms and Conditions that
apply to Fixed Rate lettres de gage set forth in the Prospectus as Option IV. Capitalised terms shal
have the meanings specified in the Terms and Conditions.

All references in this PART I of the Final Terms to numbered paragraphs and subparagraphs are to
paragraphs and subparagraphs of the Terms and Conditions.

The placeholders in the provisions of the Terms and Conditions which are applicable to the Instru-
ments shal be deemed to be completed by the information contained in the Final Terms as if such
information were inserted in the placeholder of such provisions. All provisions in the Terms and Condi-
tions which are not selected and not completed by the information contained in the Final Terms shal
be deemed to be deleted from the terms and conditions applicable to the Instruments.

The German language version of the Terms and Conditions is legal y binding. A non-binding English
language translation thereof is provided for convenience only.

Dieser TEIL I der Endgültigen Bedingungen ist in Verbindung mit dem Satz der Emissionsbedingun-
gen, der auf Festverzinsliche lettres de gage Anwendung findet, zu lesen, der als Option IV im Pros-
pekt enthalten ist. Begriffe, die in den Emissionsbedingungen definiert sind, haben dieselbe Bedeu-
tung, wenn sie in diesen Endgültigen Bedingungen verwendet werden.

Bezugnahmen in diesem TEIL I der Endgültigen Bedingungen auf Paragraphen und Absätze beziehen
sich auf die Paragraphen und Absätze der Emissionsbedingungen.

Die Platzhalter in den auf die Instrumente anwendbaren Bestimmungen der Emissionsbedingungen
gelten als durch die in den Endgültigen Bedingungen enthaltenen Angaben ausgefül t, als ob die
Platzhalter in den betreffenden Bestimmungen durch diese Angaben ausgefüllt wären. Sämtliche Op-
tionen der Emissionsbedingungen, die nicht durch die in den Endgültigen Bedingungen enthaltenen
Angaben ausgewählt und ausgefüllt wurden, gelten als in den auf die Instrumente anwendbaren Be-
dingungen gestrichen.

Die deutschsprachige Version der Emissionsbedingungen ist rechtlich bindend. Die zur Verfügung
gestellte Übersetzung in die englische Sprache ist unverbindlich.

2

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS
§ 1 STÜCKELUNG UND FORM
§ 1 DENOMINATION AND FORM

§ 1 (1)

§ 1 (1)

Festgelegte Währung:
Euro ("EUR")
Specified Currency:
Euro ("EUR")

Gesamtnennbetrag:
EUR 500.000.000
Total Par Value:
EUR 500,000,000

Nennbetrag:
EUR 100.000 je Schuldverschreibung
Par Value:
EUR 100,000 per Instrument

§ 1 (2)

§ 1 (2)

Dauerglobalurkunde (TEFRA C)

Permanent Global Note (TEFRA C)

Vorläufige Globalurkunde Austausch
(TEFRA D)

Temporary Global Note Exchange
(TEFRA D)

§ 1 (3)

§ 1 (3)

Clearstream Banking AG, Frankfurt am
Main

Mergenthaleral ee 61

65760 Eschborn

Euroclear Bank SA/NV

Boulevard du Roi Albert II

B-1210 Brussels

Clearstream Banking, société anonyme,

Luxembourg

42 Avenue JF Kennedy

L-1855 Luxembourg

Sonstige:

Other:

New Global Note

New Global Note

Classical Global Note

Classical Global Note

3

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS
§ 2 STATUS UND RANG

§ 2 STATUS AND RANKING

Schuldverschreibungen

Notes

lettres de gage

lettres de gage

lettres de gage hypothécaires

lettres de gage publiques

lettres de gage mobilières

lettres de gage mutuelles

§ 3 ZINSEN
§ 3 INTEREST

§ 3 (1)

§ 3 (1)

Verzinsungsbeginn:
23. Februar 2017
Interest Commencement Date:
23 February 2017

Erster Zinszahlungstag:
23. August 2017 (kurzer
First Interest Payment Date :
erster Kupon)

23 August 2017 (short first
coupon)

Zinssatz:
0,25% per annum
Rate of Interest:
0.25 per cent. per annum

Zinszahlungstag(e):
23. August eines jeden Jah-
Interest Payment Date(s):
res bis zum Fäl igkeitstag

(einschließlich)
23 August of each year up to,
and including, the Maturity
Date

Bankgeschäftstag:
TARGET2
Bank Business Day:
TARGET2

§ 3 (3)

§ 3 (3)

Zinstagequotient

Day Count Fraction

Actual/Actual (ISDA)

Actual/Actual (ISDA)

Actual/Actual (ICMA)

Actual/Actual (ICMA)

4

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS

Fiktiver Verzinsungsbeginn:
23. August 2016

Deemed Interest Commencement Date:
23 August 2016

Actual/365 (Fixed)

Actual/365 (Fixed)

Actual/360

Actual/360

30E/360 oder "Eurobond Basis"

30E/360 or "Eurobond Basis"

30/360, 360/360 oder Bond Basis

30/360, 360/360 or Bond Basis

§ 3 (4)

§ 3 (4)

Geschäftstagekonvention

Business Day Convention

Fol owing Business Day Convention

Modified Fol owing Business Day Convention

Preceding Business Day Convention

Anpassung der Zinsperiode

Adjustment of interest period

angepasst

adjusted

nicht angepasst

unadjusted

§ 3 (5)

§ 3 (5)

Bankgeschäftstag:
TARGET2
Bank Business Day:
TARGET2

§ 4 RÜCKZAHLUNG DER SCHULDVERSCHREIBUNGEN
§ 4 REDEMPTION OF THE INSTRUMENTS

§ 4 (1)
§ 4 (1)

Fäl igkeitstag:
23. August 2021
Maturity Date:
23 August 2021

5

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS
Geschäftstagekonvention

Business Day Convention

Fol owing Business Day Convention

Modified Fol owing Business Day Convention

Preceding Business Day Convention

§ 6 VORZEITIGE RÜCKZAHLUNG
§ 6 EARLY REDEMPTION
§ 6 (1)
§ 6 (1)

Vorzeitige Rückzahlung nach Wahl der Emit-

tentin

Early Redemption at the Option of the Issuer

Keine Vorzeitige Rückzahlung nach Wahl der

Emittentin

No early Redemption at the Option of the Issuer
§ 6 (2)
§ 6 (2)

Keine Vorzeitige Rückzahlung nach Wahl der

Gläubiger

No early Redemption at the Option of the Holder
§ 8 FISCAL AGENT, ZAHLSTELLEN, ZAHLUNGEN
§ 8 FISCAL AGENT, PAYING AGENTS, PAYMENTS

Fiscal Agent:
BNP Paribas Securities Services,
Fiscal Agent:
Luxembourg Branch

60, avenue J.F. Kennedy L-1855 Luxembourg
(Postal Address: L 2085 Luxembourg)
Zahlstelle:
BNP Paribas Securities Services,
Paying Agent:
Luxembourg Branch

60, avenue J.F. Kennedy L-1855 Luxembourg
(Postal Address: L 2085 Luxembourg)
§ 11 BEKANNTMACHUNGEN

§ 11 ANNOUNCEMENTS

Zulassung am Regulierten Markt
Luxemburger Wertpapierbörse

Admission to trading on the Regulated Market
Luxembourg Stock Exchange

Internetadresse:
www.bourse.lu

Website:
www.bourse.lu

Keine Zulassung am regulierten Markt

No admission to trading on the regulated market

Erste Veröffentlichung maßgeblich

First publication relevant
6

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS
PART II Conditions and Requirements of the Offer

1.
Issue Price
99.924 per cent.
2.
Conditions to which the offer is sub-
None
ject:
3.
Total amount of the issue/offer; if the
EUR 500,000,000
amount is not fixed, descriptions of the
arrangements and time for announcing
to the public the definite amount of the
offer:
4.
Time period, including any possible
Not applicable
amendments, during which the offer
will be open and description of the
application process:
5.
A description of the possibility to re-
Not applicable
duce subscriptions and manner for
refunding excess amount paid by ap-
plicants:
6.
Details of the minimum and/or maxi-
Not applicable
mum amount of application (whether in
number of Instruments or aggregate
amount to invest):
7.
Method and time limits for paying up
Not applicable
the Instruments and for delivery of the
Instruments:
8.
Manner and date in which results of
Not applicable
the offer are to be made public:
9.
The procedure for the exercise of any
Not applicable
right of pre-emption, the negotiability of
subscription rights and the treatment of
subscription rights not exercised:
10. If the offer is being made simultane-
Not applicable
ously in the markets of two or more
countries and if a tranche has been or
is being reserved for certain of these,
indicate such tranche:
11. Process for notification to applicants of Not applicable
the amount allotted and indication
whether dealing may begin before
notification is made:
12. Expected price at which the Instru-
Not applicable
ments will be offered or the method
determining the price and the process
for its disclosure:
13. Name(s) and address(es) of the co-
Not applicable
ordinator(s) of the global offer and of
single parts of the offer and, to the
extent known to the issuer or to the
offeror, of the placers in the various
countries where the offer takes place:
14. Method of distribution:
non-syndicated
syndicated
7

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS
15. Management Group or Dealer:
Commerzbank Aktiengesel schaft
Kaiserstraße 16 (Kaiserplatz)
60311 Frankfurt am Main
Germany

DZ BANK AG Deutsche Zentral-
Genossenschaftsbank, Frankfurt am Main
Platz der Republik
60265 Frankfurt am Main
Germany

Norddeutsche Landesbank Girozentrale
Friedrichswal 10
30159 Hanover
Germany

UBS Limited
5 Broadgate
London EC2M 2QS
United Kingdom

UniCredit Bank AG
Arabel astraße 12
81925 Munich
Germany
16. Type of Commitment of the Managing
firm commitment
Group:

no firm commitment/best effort arrangements
17. Underwriting commission:
0.21 per cent.
18. Placing commission:
None
19. Date of the subscription agreement:
21 February 2017
20. Material features of the subscription
Not applicable
agreement (including the quotas):
21. Representation of debt security hold-
Not applicable
ers including an identification
of the organisation representing the
investors and provisions applying
to such representation. Indication
of where the public may have access
to the contracts relation to these forms
of representation:
22. Amount of any expenses and taxes
Not applicable
charged to the subscriber or pur-
chaser:

8

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS
PART III Admission to Trading and Dealing Arrangements

1.
Admission to trading:
Yes

No
2.
Stock Exchange:
Luxembourg (Bourse de Luxembourg)
Regulated Market
Euro MTF Market
Frankfurt am Main (Frankfurter Wertpapierbörse)
Regulated Market
Open Market
[insert other stock exchange]

3.
Date of admission
23 February 2017
4.
All regulated markets or equivalent
None
markets on which, to the knowledge
Luxembourg Stock Exchange
of the issuer, securities of the same
class of the securities to be offered or
Frankfurt am Main (regulated market)
admitted to trading are already admit-
[insert other stock exchange]
ted to trading:

5.
Name(s) and address(es) of the insti-
None
tutions which have a firm commitment
to act as intermediaries in secondary
trading, providing liquidity through bid
and offered rates, and description of
the main terms of their commitment:
6.
Estimated expenses related to admis-
EUR 3,100
sion of the Instruments to trading:

9

Series Number: 94 - Common Code: 156974188 - ISIN: XS1569741884 - WKN: A19DKS
PART IV Additional Information

1.
Title of the relevant Tranche of the
EUR 500,000,000 0.25 per cent. Fixed Rate Lettres
Instruments:
de Gage publiques due 23 August 2021
(a) Series No:
94

(b) Tranche No:
1
2.
Issue Date:
23 February 2017
3.
Securities identification numbers

Common Code:
156974188

ISIN:
XS1569741884

German Securities Code :
A19DKS

Other securities identification number: None
4.
Yield:
0.267 per cent. per annum
5.
Interest of natural and legal persons
None
involved in the issue/offer:
6.
Reasons for the offer and use of the
Not applicable
proceeds (if the primary reasons are
other than the generation of profits
and/or protection against specific
risks):
7.
Estimated Net proceeds:
EUR 498,570,000
8.
Stabilising Manager(s):
None
9.
Information about the past perform-
Not applicable
ance of the underlying reference in-

terest rate, further performance and
the volatility:
10.
Intended to be held in a manner which Yes
would al ow ECB eligibility:

Note that if this item is applicable it simply means
that the Instruments are intended upon issue to be
deposited with one of the international central securi-
ties depositaries (ICSDs) as common safekeeper and
does not necessarily mean that the Instruments wil
be recognised as eligible col ateral 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 wil depend
upon satisfaction of the Eurosystem eligibility criteria
(ECB eligibility)
11.
Rating:
The Instruments are expected to be rated as fol ows:
Fitch: AAA
Moody's: Aa1
Fitch's rating scale for long-term obligations and cov-
ered bonds (Pfandbriefe) ranges from AAA/Aaa
(highest credit quality) to D (highest risk of default).
A ratings denote expectations of low default risk. The
capacity for payment of financial commitments is
considered strong. This capacity may, nevertheless,
be more vulnerable to adverse business or economic
conditions than is the case for higher ratings.
10