Obligation Akelius Residential Property AB 1.064% ( XS2079078478 ) en SEK

Akelius Residential Property AB

100.06 % ▲

Suede

XS2079078478 ( en SEK )

1.064% par an ( paiement trimestriel )

11/11/2024

Prospectus brochure de l'obligation Akelius Residential Property AB XS2079078478 en SEK 1.064%, échéance 11/11/2024

2 000 000 SEK

800 000 000 SEK

12/08/2024 ( Dans 16 jours )

L'Obligation émise par Akelius Residential Property AB ( Suede ) , en SEK, avec le code ISIN XS2079078478, paye un coupon de 1.064% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 11/11/2024

MiFID II product governance/Professional investors and 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 Directive 2014/65/EU (as amended, "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.
Final Terms dated 8 November 2019
AKELIUS RESIDENTIAL PROPERTY AB (PUBL)

Legal Entity Identifier (LEI): 213800REBFN6T3PU8L97
Issue of SEK 800,000,000 Floating Rate Notes due November 2024
under its EUR 2,500,000,000
Euro Medium Term Note Programme

PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the
"Conditions") set forth in the Base Prospectus dated 18 October 2019 which constitutes a base prospectus
(the "Base Prospectus") for the purposes of the Prospectus Regulation.
This document constitutes the Final Terms relating to the issue of Notes described herein for the purposes
of 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 www.ise.ie.
These Final Terms will be published on www.ise.ie.
The expression "Prospectus Regulation" means Regulation (EU) 2017/1129.
The Notes have not been, and will not be, registered under the United States Securities Act of 1933, as
amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction
of the United States, and Notes in bearer form are subject to U.S. tax law requirements. The Notes may not
be offered, sold or (in the case of Notes in bearer form) delivered within the United States or to, or for the
account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act ("Regulation S"))
except in certain transactions exempt from the registration requirements of the Securities Act.

1.
(i)
Issuer:
Akelius Residential Property AB (publ)

2.
(i)
Series Number:
8

(ii)
Tranche Number:
1

(iii)
Date on which the Notes Not Applicable

become fungible:
3.
Specified Currency or Currencies:
Swedish Kronor ("SEK")

4.
Aggregate Nominal Amount:
SEK 800,000,000

5.
Issue Price:
100 per cent. of the Aggregate Nominal
Amount
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6.
(i)
Specified Denominations:
SEK 2,000,000 and integral multiples of
SEK 1,000,000 in excess thereof

(ii)
Calculation Amount:
SEK 1,000,000

7.
(i)
Issue Date:
12 November 2019

(ii)
Interest Commencement Issue Date

Date:
8.
Maturity Date:
Interest Payment Date falling in or nearest
to November 2024
9.
(i)
Interest Basis:
3 month STIBOR

+ 1.05 per cent. Floating Rate

(see paragraph 15 below)

(ii)
Ratings Step Up/Step Not Applicable

Down:
10.
Redemption/Payment 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.
11.
Change of Interest or
Not Applicable

Redemption/Payment Basis:
12.
Put/Call Options:
Change of Control Put Option

(See paragraph 19 below)

13.
(i)
Status of the Notes:
Senior

(iii)
Date finance committee 25 October 2019

approval for issuance of
Notes obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

14.
Fixed Rate Note Provisions
Not Applicable

15.
Floating Rate Note Provisions
Applicable

(i)
Specified Period:
Quarterly

(ii)
Interest Payment Dates:
12 February, 12 May, 12 August and 12
November in each year, commencing on
the First Interest Payment Date, up to and
including the Maturity Date, subject to
adjustment in accordance with the
Business Day Convention specified below

(iii)
First Interest Payment 12 February 2020

Date:

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

(v)
Additional Business
Not Applicable

Centre(s):
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(vi)
Manner in which the Screen Rate Determination

Rate(s) 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
Principal Paying Agent):

(viii)
Screen Rate

Determination:

·
Reference Rate:
3 month STIBOR

·
Interest
The second Stockholm business day prior
Determination
to the start of each Interest Period
Date(s):

·
Relevant Screen Nasdaq Stockholm's Website

Page:

·
Relevant Time:
11.00 am Stockholm time

·
Relevant
Stockholm

Financial Centre:

(ix)
ISDA Determination:
Not Applicable

(xi)
Margin(s):
+ 1.05 per cent. per annum

(xii)
Minimum Rate of Interest: 0.00 per cent. per annum

(xiii)
Maximum Rate of Interest: Not Applicable

(xiv)
Day Count Fraction:
Actual / 360

(xv)
Linear Interpolation:
Not Applicable

(xvi)
Reference Banks:
As per the Conditions

16.
Zero Coupon Note Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION

17.
Call Option
Not Applicable

18.
Put Option
Not Applicable

19.
Change of Control Put Option:

(i)
Optional Redemption
SEK 1,000,000 per Calculation Amount

Amount(s) (Change of
Control) of each Note:

(ii)
Change of Control Put As per the conditions

Period
20.
Final Redemption Amount of SEK 1,000,000 per Calculation Amount

each Note
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21.
Early Redemption Amount (Tax) SEK 1,000,000 per Calculation Amount

22.
Early Termination Amount
SEK 1,000,000 per Calculation Amount

GENERAL PROVISIONS APPLICABLE TO THE NOTES

23.
Form of Notes:
Bearer Notes:

Temporary Global Note exchangeable for
a Permanent Global Note which is
exchangeable for Definitive Notes in the
limited circumstances specified in the
Permanent Global Note
24.
New Global Note:
No

25.
Additional Financial Centre(s) or Not Applicable

other special provisions relating to
payment dates:

26.
Talons for future Coupons to be No

attached to Definitive Notes (and
dates on which such Talons
mature):
27.
Prohibition of Sales to EEA Retail Not Applicable

Investors:
28.
Relevant Benchmark:
STIBOR is provided by Swedish Bankers'
Association. As at the date hereof, Swedish
Bankers' Association does not appear in the
register of administrators and benchmarks
established and maintained by ESMA
pursuant to Article 36 (Register of
administrators and benchmarks) of the
Benchmark Regulation

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PART B OTHER INFORMATION
1.
LISTING AND ADMISSION

TO TRADING

(i)
Listing:
Ireland

(ii)
Admission to Trading:
Application has been made by the Issuer
(or on its behalf) for the Notes to be
admitted to trading on the regulated market
of the Irish Stock Exchange plc trading as
Euronext Dublin with effect from 12
November 2019

(iii)
Estimate of total
EUR 1,000

expenses related to
admission to trading:

2.
RATINGS
The following ratings has been assigned to
the Notes:

Ratings:
S&P Global Ratings Europe Limited: BBB

S&P Global Ratings Europe Limited is
established in the EEA and registered
under Regulation (EU) No 1060/2009, as
amended (the "CRA Regulation").
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN
THE ISSUE/OFFER

Save for any fees payable to the Managers, so far as the Issuer is aware, no
person involved in the offer of the Notes has an interest material to the offer.
The Managers and their 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 their affiliates in the ordinary course
of business.
4.
OPERATIONAL INFORMATION

ISIN:
XS2079078478

Common Code:
207907847

Delivery:
Delivery against payment

Names and addresses of Not Applicable

additional Paying Agent(s) (if
any):

Intended to be held in a manner No. Whilst the designation is specified as
which would allow Eurosystem "no" at the date of these Final Terms,
eligibility:
should the Eurosystem 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
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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.
5.
DISTRIBUTION

(i)
Method of Distribution:
Syndicated

(ii)
If syndicated:

(A)
Names of
Danske Bank A/S

Managers
Swedbank AB (publ)

(B)
Stabilisation
Not Applicable

Manager(s), if
any:

(iii)
If non-syndicated, name Not Applicable

of Dealer:

(iv)
U.S. Selling Restrictions: Reg. S Compliance Category 2, TEFRA D

6.
REASONS FOR THE OFFER
AND ESTIMATED NET
AMOUNT OF PROCEEDS

Reasons for the offer:
See "Use of Proceeds" in Base Prospectus

Estimated net proceeds:
SEK 798,800,000

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Document Outline

#1">The Notes have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States, and Notes in b...