Obligation OP Yrityskassi Oyj 0.239% ( XS1940964700 ) en EUR

OP Yrityskassi Oyj

100 % ⇌

Finlande

XS1940964700 ( en EUR )

0.239% par an ( paiement trimestriel )

24/01/2022 - Obligation échue

Prospectus brochure de l'obligation OP Yrityspankki Oyj XS1940964700 en EUR 0.239%, échue

100 000 EUR

60 000 000 EUR

OP Yrityspankki Oyj est une banque finlandaise offrant des services financiers aux entreprises, incluant des solutions de financement, de gestion de trésorerie et de marchés de capitaux.

L'Obligation émise par OP Yrityskassi Oyj ( Finlande ) , en EUR, avec le code ISIN XS1940964700, paye un coupon de 0.239% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 24/01/2022

MiFID II product governance / Professional investors and eligible counterparties only
target market  Solely for the purposes of each manufacturer's product approval process, the
target market assessment in respect of the Instruments has led to the conclusion that: (i) the
target market for the Instruments is eligible counterparties and professional clients only, each
as defined in Directive 2014/65/EU (as amended, "MiFID II"); and (ii) all channels for
distribution of the Instruments to eligible counterparties and professional clients are
appropriate. Any person subsequently offering, selling or recommending the Instruments (a
"distributor") should take into consideration the manufacturers' target market assessment;
however, a distributor subject to MiFID II is responsible for undertaking its own target
market assessment in respect of the Instruments (by either adopting or refining the
manufacturers' target market assessment) and determining appropriate distribution channels.
Final Terms dated 22 January 2019
OP Corporate Bank plc
(Incorporated in Finland with limited liability)
(the "Bank" or the "Issuer")
Issue of EUR 60,000,000 Floating Rate Instruments due 25 January 2022 (the
"Instruments") under the EUR 20,000,000,000 Programme for the Issuance of Debt
Instruments

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 16 February 2018 and the supplemental Base
Prospectuses dated 2 March 2018, 8 May 2018 12 June 2018, 3 August 2018, 13 November
2018 and 14 December 2018 which together constitute a base prospectus for the purposes of
the Prospectus Directive. This document constitutes the Final Terms of the Instruments
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 Bank
and the offer of the Instruments is only available on the basis of the combination of these
Final Terms and the Base Prospectus as so supplemented.
The Base Prospectus and the supplemental Base Prospectuses are available for viewing (i)
during normal business hours at the registered office of OP Corporate Bank plc at
Gebhardinaukio 1, FIN-00510 Helsinki, Finland and the offices of The Bank of New York
Mellon, London Branch at One Canada Square, London E14 5AL, United Kingdom and (ii)
on the websites of OP Corporate Bank plc (www.op.fi/op-financial-group/debt-
investors/issuers/op-corporate-bank-plc/emtn-base-prospectuses) and the Irish Stock
Exchange plc trading as Euronext Dublin ("Euronext Dublin") (www.ise.ie). Copies of the
Base Prospectus and the supplemental Base Prospectuses may also be obtained from the
registered office of OP Corporate Bank plc at Gebhardinaukio 1, FIN-00510 Helsinki,
Finland and the offices of The Bank of New York Mellon, London Branch at One Canada
Square, London E14 5AL, United Kingdom.
1.
Issuer:
OP Corporate Bank plc
2.
(i)
Series Number:
229

(ii)
Tranche Number:
1
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(iii)
Date on which the
Not Applicable
Instruments become fungible:
3.
Specified Currency or Currencies:
Euros ("EUR")
4.
Aggregate Nominal Amount of

Instruments:

(i)
Series:
EUR 60,000,000

(ii)
Tranche:
EUR 60,000,000
5.
Issue Price:
101 per cent. of the Aggregate Nominal
Amount
6.
(i)
Specified Denominations:
EUR 100,000

(ii)
Calculation Amount:
EUR 100,000
7.
(i)
Issue Date:
25 January 2019

(ii)
Interest Commencement
25 January 2019
Date:
8.
Maturity Date:
25 January 2022
9.
Interest Basis:
3 month EURIBOR + 0.75 per cent. Floating
Rate

Condition 5B. (Interest Floating Rate)

(see paragraph 18 below)

10. Redemption/Payment Basis:
Redemption at par
11. Change of Interest or Redemption/
Not Applicable
Payment Basis:
12. Put/Call Options:
Not Applicable
13. (i)
Status of the Instruments:
Unsubordinated Instruments
(ii)
Unsubordinated Instruments
Not Applicable
Waiver of Set-Off:
14. Date Board approval for issuance of
Not Applicable
Instruments obtained:
15. Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Instrument Provisions
Not Applicable
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17. Resettable Instrument Provisions
Not Applicable
18. Floating Rate Instrument
Applicable
Provisions

(i)
Interest Period(s):
Each period beginning on (and including) the
Interest Commencement Date and ending on
(but excluding) the First Interest Payment Date
and each period beginning on (and including)
an Interest Payment Date and ending on (but
excluding) the next Interest Payment Date is
herein called an "Interest Period".
(ii)
Specified Interest Payment
Quarterly in arrears on every 25 January, 25
Dates:
April, 25 July and 25 October, commencing
from and including 25 April 2019 to and
including the Maturity Date, subject to
adjustment in accordance with the Modified
Following Business Day Convention
(iii)
First Interest Payment Date:
25 April 2019
(iv)
Business Day Convention:
Modified Following Business Day Convention
(v)
Business Centre(s):
TARGET2
(vi)
Manner in which the Rate(s)
Screen Rate Determination
of Interest is/are to be
determined:
(vii)
Party responsible for
Not Applicable
calculating the Rate(s) of
Interest and/or Interest
Amount(s) (if not the Fiscal
Agent):

(viii) Screen Rate Determination:

·
Reference Rate:
Three (3) months EURIBOR

·
Relevant Time:
Approximately 11.00am London time

·
Interest Determination
Two Business Days before the first day of the
Date(s):
relevant Interest Period
Condition 5B.05 applies

·
Relevant Screen Page:
Reuters page EURIBOR01

(ix)
Swap-related (ISDA):
Not Applicable
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(x)
Linear Interpolation:
Not Applicable

(xi)
Margin(s):
+ 0.75 per cent. per annum

(xii)
Minimum Rate of Interest:
Not Applicable

(xiii) Maximum Rate of Interest:
Not Applicable

(xiv) Day Count Fraction:
Actual/360
19. Zero Coupon Instrument
Not Applicable
Provisions
PROVISIONS RELATING TO REDEMPTION
20. Call Option
Not Applicable
21. Put Option
Not Applicable
22. Final Redemption Amount
EUR 100,000 per Calculation Amount
23. Early Redemption Amount

Early Redemption Amount(s) per
EUR 100,000 per Calculation Amount
Calculation Amount payable on
redemption for taxation reasons or on
event of default or other early
redemption:
GENERAL PROVISIONS APPLICABLE TO THE INSTRUMENTS
24. Form of Instruments:
Bearer Instruments:
Temporary Global Instrument exchangeable
for a Permanent Global Instrument which is
exchangeable for Definitive Instruments in the
limited
circumstances
specified
in
the
Permanent Global Instrument
25. New Global Instrument (for Bearer
Yes
Instruments):

26. New Safekeeping Structure (for
No
Registered Instruments):

27. Financial Centre(s) or other special
TARGET2
provisions relating to payment dates:
28. Talons for future Coupons or Receipts No
to be attached to Definitive
Instruments (and dates on which such
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Talons mature):
29. Redenomination, renominalisation
Not Applicable
and reconventioning provisions
(Condition 16):
30. Substitution or variation (Condition

9):

Substitution or variation following a
Not Applicable
Capital Event:

Substitution or variation following an
Not Applicable
MREL Disqualification Event:
31. Prohibition of Sales to EEA Retail
Not Applicable
Investors:
32. Green Bond:
No

Signed on behalf of the Bank:

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

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Part B Other Information
1.
LISTING AND ADMISSION TO TRADING

Admission to listing and trading:
Application has been made to Euronext Dublin
for the Instruments to be admitted to the Official
List and to trading on its regulated market with
effect from 25 January 2019.

Estimate of total expenses related to
EUR 1,000
admission to trading:
2.
RATINGS

The Instruments to be issued are expected to be rated:

Standard & Poor's Credit Market Services Europe Limited: AA-

Moody's Investors Service Ltd: Aa3

3.
USE OF PROCEEDS
The proceeds of the issue of the Instruments will be used by the Bank for general
corporate purposes.
4.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE
ISSUE/OFFER

Save as discussed in "Subscription and Sale" in the Base Prospectus, so far as the Bank
is aware, no person involved in the offer of the Instruments has an interest material to
the offer
5.
OPERATIONAL INFORMATION

ISIN:
XS1940964700

Common Code:
194096470

FISN:
OP CORPORATE BA/VAREMTN 20220125

CFI code:
DTVXFB

Any clearing system(s) other than
Not Applicable
Euroclear Bank SA/NV and
Clearstream Banking, société
anonyme and the relevant
identification number(s):

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

New Global Instrument intended to
Yes. Note that the designation "Yes" simply
be held in a manner which would
means that the Instruments are intended upon
allow Eurosystem eligibility:
issue to be deposited with one of the ICSDs as
common safekeeper and does not necessarily
mean that the Instruments will be recognised as
eligible collateral for Eurosystem monetary
policy and intraday 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.
6.
DISTRIBUTION

(i) If syndicated, names of
Not Applicable
Managers:

(ii) Stabilising Manager(s) (if any):
Not Applicable

(iii) Date of Subscription Agreement: Not Applicable

If non-syndicated, name and address
Crédit Agricole Corporate and Investment Bank
of Dealer:
Broadwalk House, 5 Appold Street, London
EC2A 2DA, United Kingdom

U.S. Selling Restrictions:
Reg. S Compliance Category 2; Rule 144A:
TEFRA D

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