SKANDINAVISKA ENSKILDA BANKEN AB (publ)

Transcription

1 16 September SKANDINAVISKA ENSKILDA BANKEN AB (publ) Issue of USD 150,000,000 Floating Rate Notes due September under the Global Programme for the Continuous Issuance of Medium Term Notes and Covered Bonds 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 Information Memorandum dated 21st June, 2016 and the supplement thereto dated 15 July, 2016 which together constitute a base prospectus for the purposes of the Prospectus Directive (the Information Memorandum). This document constitutes the Final Terms of the securities described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Information Memorandum. Full information on the Bank and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Information Memorandum. The Information Memorandum is avai lable for viewing at, and copies may be obtained from, the Central Bank of Ireland's website at ielregulationl.securitiesmarketslprospectus!pagesl approvedprospectus. aspx and on the website of the Irish Stock Exchange at ie. In addition, if the Notes are to be admitted to trading on the regulated market of the Irish Stock Exchange, copies of the Final Terms will be published on the website ofthe Irish Stock Exchange at 1. Issuer: Skandinaviska Enskilda Banken AB (publ) 2. Series Number: 303 Tranche Number: (ii i) Date on which the Notes will be Not Appl icable consolidated and form a single Series: 3. Specified Currency or Currencies: United States Dollar (USD) 4. Aggregate Nominal Amount: Series: USD 150,000, (i i) Tranche: Issue Price of Tranche: USD 150,000,000 I 00 per cent. of the Aggregate Nominal Amount 6. (a) Specified Denominations: USD 200,000 (b) Calculation Amount: USD 200, Issue Date: 20 September Interest Commencement Date: Issue Date 8. Maturity Date: Interest Payment Date falling in or nearest to September Extended Maturity: Extended Maturity Date: Interest Basis: Redemption Basis: Change of Interest Basis: 3-month USD LIBOR per cent. Floating Rate (see paragraph 17 below) Subject to any purchase and cancellation or early redemption, the Notes will be redeemed on the Maturity Date at I 00 per cent. of their nominal amount.

2 13. Put/Call Options: 14. {i) Type ofnote: MTN Status of MTN: Unsubordinated (ii i) Status of Subordinated Notes: PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE IS Fixed Rate Provisions: Fixed Reset Provisions: Floating Rate Provisions: Specified Period(s)/ Specified Payment Dates: Not Appl icable Not Appl icable Applicable Interest The period beginning on (and including) the Issue Date and ending on (but excluding) 20 December 2016 (the First Specified Interest Payment Date) and each subsequent period beginning on (and including) a Specified Interest Payment Date and ending on (but excluding) the next fo llowing Specified Interest Payment Date (Speci fied Period) Business Day Convention: Interest will be payable quarterly in arrear on 20 March, 20 June, 20 September and 20 December in each year from and including the First Specified Interest Payment Date up to and including the Maturity Date, subject to adjustment in accordance with the Following Business Day Convention (each a Specified Interest Payment Date) Modified Following Business Day Convention (i ii) Additional Business Centre(s): London (iv) (v) Manner in which the Rate of Interest is to Screen Rate Determination be determined: Party responsible for calculating the Rate of Fiscal Agent Interest: (vi) (vii) ISDA Determination: - Floating Rate Option: - Designated Maturity: - Reset Date: Screen Rate Determ ination: Reference Rate: Interest Determination Dates: Relevant Screen Page: 3-month USD LI BOR Second London business day prior to the start of each Specified Period Reuters page LI BOROI (viii) Linear Interpolation: (ix) (x) Margin(s): Minimum Rate of Interest: per cent. per annum

3 I (xi) Maximum Rate of Interest: (xii) Day Count Fraction: ActuaV Zero Coupon Provisions: 19. Extended Maturity Interest Provisions: PROVISIONS RELATING TO REDEMPTION 20. Notice periods for Condition 5.05: 21. Issuer Call: 22. Issuer Maturity Call: 23. Investor Put: 24. Final Redemption Amount: USD 200,000 per Calculation Amount 25. Early Redemption Amount(s) payable on USD 200,000 per Calculation Amount redemption for taxation reasons, on an event of default or upon the occurrence of a Capital Event: GENERAL PROVISIONS APPLICABLE TO THE NOTES 26. Form of Notes: Bearer Notes: Temporary Global Note exchangeable for a Permanent Global Note which is exchangeable for definitive Notes only upon an Exchange Event 27. New Global Note: 28. Additional Financial Centre(s): Yes London and New York 29. Talons for future Coupons or Receipts to be No attached to definitive Bearer Notes (and dates on which such Talons mature): 30. Provisions applicable to Subordinated Notes 31. Details relating to Instalment Notes: 32. Provisions applicable to Renminbi Notes: Signed on behalf of the Bank: Ox:'/

4 I. LISTING AND A DM ISSION TO TRADI NG PART B- OTH ER INFORMATION Admission to trading: Estimate of total expenses relating to admission to trading: Application has been made by the Bank (or on its behalf) for the Notes to be admitted to the Official List of the Irish Stock Exchange and to trading on [the Regulated Market of the Irish Stock Exchange with ettect from the Issue Date EUR RATINGS The Notes to be issued are expected to be rated AA- by Fitch Ratings Limited ("Fitch"). Fitch is established in the European Union and is registered under Regulation (EC) No. I 060/2009 (as amended) 3. I NTERESTS OF NATURAL AND LEGAL PERSONS I NVOLV ED I N THE ISSUE Save for any fees payable to the Dealer, so far as the Bank 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 Bank and its affiliates in the ordinary course of business 4. REASONS FOR T HE OFFER; ESTI MATED NET PROCEEDS AND TOT AL EXPENSES Reasons for the Offer: Estimated net proceeds: The net proceeds from the issue of the Notes wi II be used by the Issuer for general corporate purposes, which includes making a profit 5. HISTORIC I NTEREST RATES (Floating Rate Notes only) Details of historic 3-month USD LI BOR rates can be obtained from Reuters. 6. O PERATIONAL INFORMAT ION Intended to be held in a manner which Yes. Note that the designation "Yes" simply means that would allow Eurosystem eligibility: the Notes are intended upon issue to be deposited with one of Euroclear Bank SA./NV and/or Clearsh eam Banking S.A. as common safekeeper and does not necessarily mean that the Notes 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 ISfN: XS (iii) Common Code: (iv) CUS IP: (v) CINS: (vi) Any clearing system(s) other than Euroclear, Clearstream, Luxembourg and The Depository Trust Company and the relevant identification number(s):

5 I I (vii) Whether Register is held by the Principal Registrar or the Alternative Registrar: (vii i) Delivery: Delivery against payment (ix) Names and addresses of additional Paying Agent(s) (if any): 7. DISTRIBUT ION Method of distribution: Non-syndicated If syndicated, names and addresses of Managers: (i ii) Date of Subscription Agreement: (iv) Stabilisation Manager (if any): (v) If non-syndicated. name and address of Co mmcrzba nk Aktiengesellschaft relevant Dealer: Kaiserstrasse 16 (Kaiserplatz) Frankfurt am Main Germany (vi) U.S. selling restrictions: Reg. S Category 2. TEFRA D 8. T HIRD PARTY I NFORM ATION

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