Obligation OP Yrityskassi Oyj 0% ( XS2176660152 ) en EUR

OP Yrityskassi Oyj

100 % ⇌

Finlande

XS2176660152 ( en EUR )

18/05/2022 - Obligation échue

Prospectus brochure de l'obligation OP Yrityspankki Oyj XS2176660152 en EUR 0%, échue

100 000 EUR

35 000 000 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 XS2176660152 émise par OP Yrityspankki Oyj (Finlande), d'un montant total de 35 000 000 EUR, avec un prix de marché actuel de 100 %, un taux d'intérêt de 0 %, une taille minimale d'achat de 100 000 EUR, une maturité le 18/05/2022 et une fréquence de paiement de 1, est arrivée à échéance et a été remboursée.

PROHIBITION OF SALES TO EEA AND UK RETAIL INVESTORS The Instruments are not
intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise
made available to any retail investor in the European Economic Area ("EEA") or in the United Kingdom
(the "UK"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client
as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); (ii) a customer
within the meaning of Directive (EU) 2016/97, where that customer would not qualify as a professional
client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the
Prospectus Regulation. Consequently, no key information document required by Regulation (EU) No
1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Instruments or otherwise
making them available to retail investors in the EEA or in the UK has been prepared and therefore offering
or selling the Instruments or otherwise making them available to any retail investor in the EEA or in the
UK may be unlawful under the PRIIPs Regulation.
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 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 14 May 2020
OP Corporate Bank plc
(Incorporated in Finland with limited liability)
(the "Bank" or the "Issuer")
Legal Entity Identifier: 549300NQ588N7RWKBP98
Issue of EUR 35,000,000 Floating Rate Instruments due 18 May 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 13 February 2020 and the supplemental base prospectuses dated 28 February 2020
and 30 April 2020 which together constitute a base prospectus (the "Base Prospectus") for the purposes of
Regulation (EU) 2017/1129 (the "Prospectus Regulation"). This document constitutes the Final Terms of
the Instruments described herein for the purposes of the Prospectus Regulation and must be read in
conjunction with such Base Prospectus in order to obtain all the relevant information. 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.
The Base Prospectus has been published on the websites of OP Corporate Bank plc (www.op.fi/op-
financial-group/debt-investors/Banks/op-corporate-bank-plc/emtn-base-prospectuses) and the Irish Stock
Exchange plc trading as Euronext Dublin ("Euronext Dublin") (www.ise.ie).
1.
Issuer:
OP Corporate Bank plc
2.
(i)
Series Number:
247

(ii)
Tranche Number:
1

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

Instruments:

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(i)
Series:
EUR 35,000,000

(ii)
Tranche:
EUR 35,000,000
5.
Issue Price:
100 per cent. of the Aggregate Nominal Amount
6.
(i)
Specified Denominations:
EUR 100,000

(ii)
Calculation Amount:
EUR 100,000
7.
(i)
Issue Date:
18 May 2020

(ii)
Interest Commencement Date: 18 May 2020
8.
Maturity Date:
18 May 2022
9.
Interest Basis:
3 month EURIBOR + 0.55 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. Status of the Instruments:
Unsubordinated Instruments
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
17. Resettable Instrument Provisions
Not Applicable
18. Floating Rate Instrument Provisions
Applicable

(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 18 February, 18 May, 18
Dates:
August and 18 November, commencing from and
including 18 August 2020 to and including the
Maturity Date, subject to adjustment in accordance
with the Modified Following Business Day
Convention
(iii)
First Interest Payment Date:
18 August 2020
(iv)
Business Day Convention:
Modified Following Business Day Convention
(v)
Business Centre(s):
TARGET2
(vi)
Manner in which the Rate(s) of
Screen Rate Determination
Interest is/are to be determined:

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(vii)
Party responsible for calculating Not Applicable
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:
11.00 am Brussels time

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

Relevant Screen Page:
Reuters page EURIBOR01 (or any successor or
replacement page)

Observation Look-back
Not Applicable
Period:

(ix)
Swap-related (ISDA):
Not Applicable

(x)
ISDA Benchmarks Supplement: Not Applicable

(xi)
Linear Interpolation:
Not Applicable

(xii)
Margin(s):
+ 0.55 per cent. per annum

(xiii)
Minimum Rate of Interest:
Not Applicable

(xiv)
Maximum Rate of Interest:
Not Applicable

(xv)
Day Count Fraction:
Actual/360
19. Zero Coupon Instrument Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
20. Cal 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

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25. New Global Instrument:
Yes
26. Financial Centre(s) or other special
TARGET2
provisions relating to payment dates:
27. Talons for future Coupons or Receipts to No
be attached to Definitive Instruments
(and dates on which such Talons mature):
28. Redenomination, renominalisation and
Not Applicable
reconventioning provisions (Condition
16):
29. Substitution or variation (Condition 9):

Substitution or variation following a
Not Applicable
Capital Event:

Substitution or variation following an
Not Applicable
MREL Disqualification Event:
30. Prohibition of Sales to EEA and UK
Applicable
Retail Investors:
31. 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 trading:
Application has been made to Euronext Dublin for
the Instruments to be admitted to the Official List and
to trading on the Regulated Market of Euronext
Dublin with effect from 18 May 2020.

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

The Instruments to be issued are expected to be rated:

S&P Global Ratings Europe Limited: AA-

Moody's Investors Service (Nordics) AB: Aa3
3.
REASONS FOR THE OFFER AND ESTIMATED NET AMOUNT OF PROCEEDS
Reasons for the Offer:
The proceeds of the issue of the Instruments will be
used by the Bank for general corporate purposes.
Estimated net proceeds:
EUR 35,000,000
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:
XS2176660152

Common Code:
217666015

FISN:
OP CORPORATE BA/VAREMTN 20220125, as
updated, as set out on the website of the Association
of National Numbering Agencies (ANNA) or
alternatively sourced from the responsible National
Numbering Agency that assigned the ISIN

CFI code:
DTVXFB, as updated, as set out on the website of the
Association of National Numbering Agencies
(ANNA) or alternatively sourced from the
responsible National Numbering Agency that
assigned the ISIN

Any clearing system(s) other than Euroclear Not Applicable
Bank SA/NV and Clearstream Banking S.A.
and the relevant identification number(s):

Delivery:
Delivery against payment

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

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

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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 Managers:
Not Applicable

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

(iii) Date of Subscription Agreement:
Not Applicable

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

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

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