Obbligazione Rabobank 0% ( XS1687874641 ) in GBP

Rabobank

100 GBP ⇌

Paesi Bassi

XS1687874641 ( in GBP )

20/09/2019 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione Rabobank XS1687874641 in GBP 0%, scaduta

100 000 GBP

170 000 000 GBP

Rabobank è una banca cooperativa olandese con una forte presenza nel settore agroalimentare e finanziario a livello globale.

The Obbligazione issued by Rabobank ( Netherlands ) , in GBP, with the ISIN code XS1687874641, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 20/09/2019

EXECUTION VERSION

FINAL TERMS
COÖPERATIEVE RABOBANK U.A.
(a cooperative (coöperatie) formed under the laws of the Netherlands with its statutory seat in
Amsterdam)
COÖPERATIEVE RABOBANK U.A.
AUSTRALIA BRANCH
(Australian Business Number 70 003 917 655)
(a cooperative (coöperatie) formed under the laws of the Netherlands with its statutory seat in
Amsterdam)
COÖPERATIEVE RABOBANK U.A.
NEW ZEALAND BRANCH
(New Zealand Business Number 9429038354397)
(a cooperative (coöperatie) formed under the laws of the Netherlands with its statutory seat in
Amsterdam)

EUR 160,000,000,000
Global Medium-Term Note Programme
Due from seven days to perpetuity

SERIES NO: 3113A
TRANCHE NO: 2
GBP 30,000,000 Floating Rate Notes 2017 due September 2019 (the "Notes")
(to be consolidated and form a single series with the GBP 170,000,000 Floating Rate Notes
2017 due September 2019 issued on 20 September 2017) (the "Existing Notes")
Issue Price: 100.018681 per cent. (plus GBP 12,489.04, this being 30 days' accrued interest in
respect of the period from, and including the Interest Commencement Date, to, but excluding, the
Issue Date)

HSBC

The date of these Final Terms is 18 October 2017

PART A -- CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the terms
and conditions (the "Conditions") set forth in the base prospectus dated 10 May 2017 and the
supplemental prospectus dated 17 August 2017 (together, the "Base Prospectus") which
constitute a base prospectus for the purposes of Directive 2003/71/EC (and amendments thereto,
including Directive 2010/73/EU) (the "Prospectus Directive"). This document constitutes the Final
Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and
must be read in conjunction with the Base Prospectus. Full information on the Issuer and the offer
of the Notes is only available on the basis of the combination of these Final Terms and the Base
Prospectus. The Base Prospectus is available for viewing at, and copies may be obtained from,
Rabobank at Croeselaan 18, 3521 CB Utrecht, the Netherlands and the principal office of the
Paying Agent in Luxembourg, Amsterdam and www.bourse.lu.
Each potential investor in the Notes must determine the suitability of that
investment in light of its own circumstances. A potential investor should not invest in Notes
which are complex financial instruments unless it has the expertise (either alone or with a
financial adviser) to evaluate how the Notes will perform under changing conditions, the
resulting effects on the value of the Notes and the impact this investment will have on the
potential investor's overall investment portfolio.
1
Issuer:
Coöperatieve Rabobank U.A.
2
(i)
Series Number:
3113A

(ii) Tranche Number:
2

(iii) Date on which the Notes become The Notes shall be consolidated, form a
fungible:
single series and be interchangeable for
trading purposes with the Existing Notes
on or after the first day following the expiry
of 40 days after the Issue Date
3
Specified Currency or Currencies:
Sterling ("GBP")
4
Aggregate nominal amount:

(i)
Series:
GBP 200,000,000

(ii)
Tranche:
GBP 30,000,000
5
Issue Price:
100.018681 per cent. of the aggregate
nominal amount (plus GBP 12,489.04, this
being 30 days' accrued interest in respect
of the period from, and including the
Interest Commencement Date, to, but
excluding, the Issue Date)
6
(i)
Specified Denominations:
GBP 100,000 and integral multiples of
GBP 1,000 in excess thereof, up to and
including GBP 199,000. No Notes in
definitive form will be issued with a
denomination above GBP 199,000

(ii)
Calculation Amount:
GBP 1,000
7
(i)
Issue Date:
20 October 2017
2

(ii)
Interest Commencement Date:
20 September 2017
8
Maturity Date:
The Specified Interest Payment Date
falling in or nearest to September 2019
9
Interest Basis:
3-month GBP-LIBOR-BBA + 0.18 per
cent. Floating Rate
(further particulars specified below)
10
Change of Interest Basis:
Not Applicable
11
Redemption/Payment Basis:
Subject to any purchase and cancellation
or early redemption, the Notes will be
redeemed on the Maturity Date at 100.00
per cent. of their nominal amount
12
Alternative Currency Equivalent:
Not Applicable
13
Put/Call Options/Automatic Early
Not Applicable
Redemption:
14
(i)
Status of the Notes:
Senior

(ii)
Domestic Note (if Domestic Note,
No
there will be no gross-up for
withholding tax):

(iii)
Date of approval for issuance of
Not Applicable
Notes obtained:

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15
Fixed Rate Note Provisions
Not Applicable
16
Floating Rate Note Provisions
Applicable

(i)
Interest Period(s):
As specified in Condition 1, subject to
adjustment in accordance with the
Business Day Convention set out in (iii)
below

(ii)
Specified Interest Payment Dates:
20 December, 20 March, 20 June and
20 September in each year commencing
on 20 December 2017 up to and including
20 September 2019, subject to adjustment
in accordance with the Business Day
Convention set out in (iii) below

(iii)
Business Day Convention:
Modified
Following
Business
Day
Convention

(iv)
Business Centre(s) (Condition 1(a)):
Not Applicable

(v)
Manner in which the Rate(s) of
Screen Rate Determination
Interest is/are to be determined:

(vi)
Interest Period Date(s):
Not Applicable

(vii)
Applicable formula to be used for
Condition 5(b)(iii)(B) shall apply
calculating the Rate(s) of Interest and
3

Interest Amount(s):

(viii)
Party responsible for calculating the
Calculation Agent
Rate(s) of Interest and Interest
Amount(s):

(ix)
Screen Rate Determination
Applicable
(Condition 5(b)(iii)(B)):

Reference Rate(s):
3-month GBP-LIBOR-BBA

Interest Determination Date:
the first day in each Interest Period

Relevant Screen Page(s):
Reuters Screen Page "LIBOR01" as at
11.00 a.m. (London time)

Location of Reference Banks:
As per the Conditions

(x)
ISDA Determination (Condition
Not Applicable
5(b)(iii)(A)):

(xi)
Linear Interpolation:
Not Applicable

(xii)
Margin(s):
+ 0.18 per cent. per annum

(xiii)
Minimum Rate of Interest:
Not Applicable

(xiv)
Maximum Rate of Interest:
Not Applicable

(xv)
Day Count Fraction (Condition 1(a)):
Actual/365 (Fixed)

(xvi)
Gearing Factor:
Not Applicable

(xvii)
Previous Coupon:
Not Applicable
17
Inverse Floating Rate Note Provisions
Not Applicable
18
Range Accrual Note Provisions
Not Applicable
19
Zero Coupon Note Provisions
Not Applicable
20
CMS Linked Note Provisions
Not Applicable
21
Variable Rate Note Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION
22
Call Option
Not Applicable
23
Put Option
Not Applicable
24
Automatic Early Redemption
Not Applicable
25
Early Redemption Amount

Early Redemption Amount(s) payable per
As set out in the Conditions
Calculation Amount on redemption (a) on the
occurrence of an event of default (Condition
13); or (b) for illegality (Condition 6(f)); or (c)
for taxation reasons (Condition 6(c)):
26
Final Redemption Amount of each Note
GBP 1,000 per Calculation Amount
4

GENERAL PROVISIONS APPLICABLE TO THE NOTES
27
Form of Notes
Bearer Notes

Temporary Global Note exchangeable for
a permanent Global Note not earlier than
40 days after the completion of the
distribution of the Tranche of which such
Note is a part nor later than 40 days prior
to the first anniversary of the Issue Date of
the Existing Notes (i.e. 11 August 2018)
which is exchangeable for Definitive Notes
in the limited circumstances specified in
the permanent Global Note
28
New Global Notes:
Yes
29
Financial Centre(s) (Condition 10(h)):
Condition 10(h)(i)(B) applies.
London
30
Redenomination, renominalisation and
Not Applicable
reconventioning provisions:
31
Consolidation provisions:
Not Applicable
32
Prohibition of Sales to EEA Retail Investors:
Not Applicable

LISTING AND ADMISSION TO TRADING APPLICATION

These Final Terms comprise the final terms required to list and have admitted to trading
the issue of Notes described herein pursuant to the EUR 160,000,000,000 Global Medium-Term
Note Programme of Rabobank.

Signed on behalf of the Issuer
By:

Duly authorised

5

PART B OTHER INFORMATION
1
Listing

(i)
Listing:
Luxembourg Stock Exchange

(ii)
Admission to trading:
Application has been made for the Notes
to be admitted to trading on the Regulated
Market
of
the
Luxembourg
Stock
Exchange with effect from the Issue Date
The Notes are to be consolidated, form a
single series and to be interchangeable
for trading purposes with the Existing
Notes, which are listed and admitted to
trading
on
the
Luxembourg
Stock
Exchange's Regulated Market.

(iii)
Estimate of total expenses related to
EUR 600.00
admission to trading:

(iv)
In the case of Notes listed on
Not Applicable
Euronext Amsterdam:
2
Ratings

Rating:
The Notes to be issued are expected to
be rated:

Fitch: AA-

As defined by Fitch, an AA rating means
that the Notes are judged to be of a very
high
credit
quality
and
denotes
expectations of very low default risk. It
indicates very strong capacity for payment
of financial commitments and is not
significantly vulnerable to foreseeable
events. The modifier "-" is appended to
denote relative status within the rating
category.

Moody's: Aa2

As defined by Moody's, obligations rated
Aa2 are judged to be of high quality and
are subject to very low credit risk. The
modifier 2 indicates that the obligation
ranks in the mid-range of its generic rating
category.

Standard & Poor's: A+

As defined by Standard & Poor's, an A
rating
means
that
the
Notes
are
somewhat more susceptible to the
adverse
effects
of
changes
in
circumstances and economic conditions
6

than notes in higher-rated categories.
However, the Issuer's capacity to meet its
financial commitment on the obligation is
still strong. The `A' rating is modified by
the addition of a plus (+) sign to show
relative standing within the `A' rating
category.

Each of Fitch, Moody's and Standard &
Poor's is established in the EU and
registered under Regulation (EC) No
1060/2009.
3
Interests of natural and legal persons involved in the offer

Save for any fees payable to the Dealer, so far as the Issuer is aware, no person involved
in the offer 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
Yield (Fixed Rate Notes only)

Indication of yield:
Not Applicable
5
Operational information

(i)
Intended to be held in a manner
Yes. Note that the designation "yes"
which would allow Eurosystem
simply means that the Notes are intended
eligibility:
upon issue to be deposited with one of the
ICSDs as common safekeeper and does
not necessarily mean that the Notes will
be recognised as eligible collateral 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 will depend
upon the ECB being satisfied that
Eurosystem eligibility criteria have been
met.

(ii)
ISIN:
XS1703963915
Pending consolidation with the Existing
Notes: XS1687874641.

(iii)
Common Code:
170396391
Pending consolidation with the Existing
Notes:168787464

(iv)
German WKN-code:
Not Applicable

(v)
Private Placement number:
Not Applicable

(vi)
CUSIP Number:
Not Applicable

(vii)
Any clearing system(s) other than
Not Applicable
Euroclear and Clearstream,
7

Luxembourg and the relevant
number(s):

(viii)
Delivery:
Delivery against payment

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

(x)
Names (and addresses) of
Deutsche Bank AG, London Branch,
Calculation Agent(s):
Winchester House, 1 Great Winchester
Street, London EC2N 2DB, United
Kingdom
6
Distribution

(i)
Method of distribution:
Non-syndicated

(ii)
If syndicated, names and addresses
Not Applicable
of Managers:

(iii)
Date of Subscription Agreement:
Not Applicable

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

(v)
Dealer's Commission:
Not Applicable

(vi)
If non-syndicated, name and address
HSBC Bank plc
of Dealer:
8 Canada Square
London E14 5HQ
United Kingdom

(vii)
Applicable TEFRA exemption:
TEFRA D

(viii)
Non-exempt Offer:
Not Applicable

(ix)
General Consent:
Not Applicable
7
General
Not Applicable

8