Obligation Aktia Pankki Oyj 1.87% ( XS2225430706 ) en NOK

Aktia Pankki Oyj

100 % ⇌

Finlande

XS2225430706 ( en NOK )

1.87% par an ( paiement annuel )

02/09/2030

Prospectus brochure de l'obligation Aktia Bank Abp XS2225430706 en NOK 1.87%, échéance 02/09/2030

02/09/2025 ( Dans 115 jours )

Aktia Bank Abp est une banque finlandaise offrant des services bancaires aux particuliers et aux entreprises, notamment des services de gestion de patrimoine, de prêts et d'assurance.

L'obligation XS2225430706 émise par Aktia Bank Abp en Finlande, cotée actuellement à 100% de sa valeur nominale en NOK, offre un taux d'intérêt de 1,87% avec une échéance fixée au 02/09/2030 et des paiements d'intérêts annuels.

FINAL TERMS
PROHIBITION OF SALES TO EEA AND UK RETAIL INVESTORS  The Notes 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 (the Insurance Distribution Directive), 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 Regulation 2017/1129 (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
Notes or otherwise making them available to retail investors in the EEA or in the UK has been prepared and
therefore offering or selling the Notes 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 (ECPs) only target
market Solely for the purposes of each manufacturer's product approval process, the target market
assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible
counterparties and professional clients only, each as defined in MiFID II; and (ii) all channels for distribution
of the Notes to eligible counterparties and professional clients are appropriate. Any person subsequently
offering, selling or recommending the Notes (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 Notes (by either adopting or refining the manufacturers' target market
assessment) and determining appropriate distribution channels.
30 November 2020
AKTIA BANK PLC
Legal entity identifier (LEI): 743700GC62JLHFBUND16
Issue of NOK 70,000,000 1.87 per cent. Notes due 2 September 2030
(to be consolidated and form a single series with NOK 300,000,000 1.87 per cent. Notes due 2
September 2030 issued on 2 September 2020)

under the 4,000,000,000
Euro Medium Term Note and Covered Bond Programme
PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Relevant Conditions set forth
in the Base Prospectus dated 23 July 2020 and the supplements to it dated 5 August 2020 and 4 November
2020 which together constitute a base prospectus for the purposes of the Prospectus Regulation (the Base
Prospectus). This document constitutes the Final Terms of the Notes described herein for the purposes of
Regulation 2017/1129 (the Prospectus Regulation) and must be read in conjunction with the Base Prospectus
in order to obtain all the relevant information. The Base Prospectus has been published on the website of the
Luxembourg Stock Exchange (www.bourse.lu).

1.
Relevant Conditions:
Terms and Conditions of the Notes as set out in the
Base Prospectus dated 23 July 2020
2.
(a) Series Number:
26

(b)
Tranche Number:
2
(c)
Date on which the Notes will be The Notes will be consolidated and form a single
consolidated and form a single Series: Series with the NOK 300,000,000 Floating Rate
Notes due 2 September 2030 issued on 2
September 2020 (the "Existing Notes") on
exchange of the Temporary Global Note for
interests in the Permanent Global Note, as referred
to in paragraph 27 below, which is expected to
occur on or about 11 January 2021.
3.
Specified Currency or Currencies:
Norwegian Kroner ("NOK")
4.
Aggregate Nominal Amount:

(a)
Series:
NOK 370,000,000
(b)
Tranche:
NOK 70,000,000
5.
Issue Price:
99.644 per cent. of the Aggregate Nominal
Amount plus accrued interest from (and including)
2 September 2020 up to (but excluding) the Issue
Date amounting to NOK 326,353.42
6.
(a) Specified Denominations:
NOK 2,000,000 and integral multiples of NOK
1,000,000 in excess thereof
(b)
Calculation Amount (in relation to NOK 1,000,000
calculation of interest in global form
see Relevant Conditions):
7.
(a) Issue Date:
2 December 2020
(b)
Interest Commencement Date:
2 September 2020
8.
Maturity Date:
2 September 2030
9.
Extended Final Maturity:
Not Applicable
10.
Extended Final Maturity Date:
Not Applicable

11.
Interest Basis:
1.87 per cent. Fixed Rate
(see paragraph 16 below)
12.
Redemption Basis:
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
13.
Change of Interest Basis:
Not Applicable

14.
Put/Call Options:
MREL Disqualification Event Redemption
Option
(see paragraph 24 below)

15.
(a) Status of the Notes:
Senior Preferred Notes
(b)
Type of Senior Preferred Notes:
Senior Preferred MREL Eligible Notes
(c)
Substitution and Variation:
Applicable
(d)
Date approval for issuance of Notes 30 September 2020
obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Note Provisions
Applicable
(a)
Rate(s) of Interest:
1.87 per cent. per annum payable in arrear on
each Interest Payment Date
(b)
Interest Payment Date(s):
2 September in each year up to and including the
Maturity Date
(c)
Fixed Coupon Amount(s) for Notes NOK 18,700 per Calculation Amount
and Covered Bonds in definitive form
(and in relation to Notes and Covered
Bonds in global form see Relevant
Conditions):
(d)
Broken Amount(s) for Notes and Not Applicable
Covered Bonds in definitive form
(and in relation to Notes and Covered
Bonds in global form see Relevant
Conditions):
(e)
Day Count Fraction:
Actual/Actual (ICMA)
(f)
Determination Date(s):
2 September in each year
17.
Fixed Reset Note Provisions
Not Applicable
18.
Floating Rate Note Provisions
Not Applicable
19.
Zero Coupon Note Provisions
Not Applicable
20.
Extended Final Maturity Interest Provisions:
Not Applicable
21.
Notice periods for Condition 6.2 and Minimum period: 30 days
Condition 6.5:
Maximum period: 60 days
PROVISIONS RELATING TO REDEMPTION
22.
Issuer Call:
Not Applicable
23.
Investor Put:
Not Applicable
24.
MREL Disqualification Event Redemption Applicable
Option:

25.
Final Redemption Amount:
NOK 1,000,000 per Calculation Amount
26.
Early Redemption Amount payable on NOK 1,000,000 per Calculation Amount
redemption for taxation reasons or an MREL
Disqualification Event or on an event of
default:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
27.
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:
No
28.
Additional Financial Centre(s):
TARGET2 System
29.
Talons for future Coupons to be attached to No
Definitive Notes:

Signed on behalf of Aktia Bank plc:
By:
.............................................................

Duly authorised

PART B OTHER INFORMATION

1.
LISTING AND ADMISSION TO
TRADING
(a)
Listing and Admission to Application has been made by the Issuer (or on its
trading
behalf) for the Notes to be listed on the official list of the
Luxembourg Stock Exchange and admitted to trading on
the Regulated Market of the Luxembourg Stock
Exchange with effect from the Issue Date.
The Existing Notes were listed on the official list of the
Luxembourg Stock Exchange and admitted to trading on
the Regulated Market of the Luxembourg Stock
Exchange.
(b)
Estimate of total expenses EUR 1,200
related to admission to trading:
2.
RATINGS:
The Notes to be issued will not be rated.

3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for any fees payable to the Dealer, so far as the Issuer is aware, no person involved in the issue
of the Notes has an interest material to the offer. The Dealer and its 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 its affiliates in the ordinary course of business.
4.
REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDS
Reasons for the Offer:
See "Use of Proceeds" in the Base Prospectus
Estimated net proceeds:
NOK 70,077,153.42 including NOK 326,353.42

accrued interest
5.
YIELD (Fixed Rate Notes/Fixed Rate
Covered Bonds only)
Indication of yield:
1.91 per cent. per annum

6.
OPERATIONAL INFORMATION
(i)
ISIN:
Temporary ISIN XS2265509922 to be consolidated and
form a single series with existing ISIN XS2225430706
on the exchange of the Temporary Global Note for
interests in the Permanent Global Note, as referred to in
Part A, paragraph 2(c) above
(ii)
Common Code:
Temporary Common Code 226550992 to be
consolidated and form a single series with existing
Common Code 222543070 on the exchange of the
Temporary Global Note for interests in the Permanent

Global Note, as referred to in Part A, paragraph 2(c)
above
(iii)
CFI:
See the website of the Association of National
Numbering Agencies (ANNA) or alternatively sourced
from the responsible National Numbering Agency that
assigned the ISIN
(iv)
FISN:
See the website of the Association of National
Numbering Agencies (ANNA) or alternatively sourced
from the responsible National Numbering Agency that
assigned the ISIN
(v)
Name and address of any Not Applicable
clearing system(s) other than
Euroclear and Clearstream,
Luxembourg and the relevant
identification number(s):
(vi)
Delivery:
Delivery against payment
(vii) Names and addresses of Not Applicable
additional Paying Agent(s) (if
any):
(viii) Intended to be held in a manner No. Whilst the designation is specified as "no" at the
which would allow Eurosystem date of these Final Terms, should the Eurosystem
eligibility:
eligibility criteria be amended in the future such that the
Notes are capable of meeting them the Notes may then
be deposited with one of the ICSDs as common
safekeeper. Note that this does not necessarily mean
that the Notes will then be recognised as eligible
collateral for Eurosystem monetary policy and intra day
credit operations by the Eurosystem at any time 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:
Non-syndicated
(ii)
If syndicated, names of
Not Applicable
Managers:
(iii)
Stabilising Manager(s) (if
Not Applicable
any):
(iv)
If non-syndicated, name of
Danske Bank A/S
relevant Dealer:
(v)
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D

(vi)
Prohibition of Sales to EEA
Applicable
and UK Retail Investors:
(vii) Prohibition of Sales to
Applicable
Belgian Consumers: