Obligation Rabobank 1.681% ( XS1673112378 ) en EUR

Rabobank

100 % ⇌

Pays-bas

XS1673112378 ( en EUR )

1.681% par an ( paiement annuel )

30/08/2032 - Obligation échue

Prospectus brochure de l'obligation Rabobank XS1673112378 en EUR 1.681%, échue

1 000 000 EUR

40 000 000 EUR

Rabobank est une banque coopérative néerlandaise multinationale spécialisée dans les services financiers pour les secteurs de l'agroalimentaire, des entreprises et des particuliers.

L'Obligation émise par Rabobank ( Pays-bas ) , en EUR, avec le code ISIN XS1673112378, paye un coupon de 1.681% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 30/08/2032

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: 3104A
TRANCHE NO: 1
EUR 40,000,000 callable, 1.681 per cent. Fixed Rate Notes 2017 due 30 August 2032 (the "Notes")

Issue Price: 100.00 per cent.

Mizuho Securities

The date of these Final Terms is 24 August 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 constitutes 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:
3104A
(ii) Tranche Number:
1
(iii) Date on which the Notes become fungible:
Not Applicable
3
Specified Currency or Currencies:
Euro ("EUR")
4

Aggregate nominal amount:
(i)
Series:
EUR 40,000,000
(ii) Tranche:
EUR 40,000,000
5
Issue Price:
100.00 per cent. of the aggregate nominal
amount
6
(i)
Specified Denominations:
EUR 1,000,000
(ii) Calculation Amount:
EUR 1,000,000
7
(i)
Issue Date:
30 August 2017
(ii) Interest Commencement Date:
As specified in Condition 1

8
Maturity Date:
30 August 2032
9
Interest Basis:
1.681 per cent. Fixed 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
2

13 Put/Call Options/Automatic Early Redemption:
Call Option
Further particulars specified below
14 (i) Status of the Notes:
Senior

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

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

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15 Fixed Rate Note Provisions
Applicable

(i)
Rate of Interest:
1.681 per cent. per annum payable annually
in arrear

(ii) Interest Payment Date(s):
30 August in each year, commencing on 30
August 2018 up to and including the
Maturity Date

(iii) Fixed Coupon Amount:
EUR 16,810 per Calculation Amount

(iv) Broken Amount(s):
Not Applicable

(v) Day Count Fraction (Condition 1(a)):
Actual/Actual, unadjusted

(vi) Determination Date(s) (Condition 1(a)):
Not Applicable
16 Floating Rate Note Provisions
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
Applicable
(i)
Optional Redemption Date(s):
30 August 2022 and 30 August 2027
(ii) Optional Redemption Amount(s) of each Note EUR 1,000,000 per Calculation Amount
and method, if any, of calculation of such
amount(s):

(iii) If redeemable in part:
Minimum Redemption Amount:
Not Applicable
Maximum Redemption Amount:
Not Applicable
(iv) Notice period:
The Issuer shall give notice of its intention to
redeem the Notes not less than 10 TARGET
Business Days prior to the relevant Optional
Redemption Date
23 Put Option
Not Applicable
24 Automatic Early Redemption
Not Applicable
25 Early Redemption Amount

Early Redemption Amount(s) payable per
EUR 1,000,000 per Calculation Amount
3

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
EUR 1,000,000 per Calculation Amount

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 (i.e. 21 July
2018) which is exchangeable for Definitive
Notes
at
any
time/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.
TARGET
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: Koen de Man
Duly authorised

4

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
(iii) Estimate of total expenses related to
EUR 5,100
admission to trading:
(iv) In the case of Notes listed on Euronext
Not Applicable
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 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
5

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:
1.681 per cent. per annum
The yield is calculated at the Issue
Date on the basis of the Issue Price. It
is NOT an indication of future yield.

5
Operational information

(i)
Intended to be held in a manner which would allow Yes. Note that the designation "yes"
Eurosystem eligibility:
simply means that the Notes are
intended 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:
XS1673112378
(iii) Common Code:
167311237
(iv) German WKN-code:
Not Applicable
(v) Private Placement number:
Not Applicable
(vi) CUSIP Number:
Not Applicable
(vii) Any clearing system(s) other than Euroclear and
Not Applicable
Clearstream, 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 Calculation Agent(s):
Deutsche Bank AG, London Branch,
Winchester House, 1 Great Winchester
Street, London EC2N 2DB, United
Kingdom
6
Distribution

(i)
Method of distribution:
Non-syndicated
6

(ii) If syndicated, names and addresses of Managers:
Not Applicable
(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 of Dealer:
Mizuho International plc
Mizuho House
30 Old Bailey
London EC4M 7AU
United Kingdom
(vii) Applicable TEFRA exemption:
TEFRA D
(viii) Non-exempt Offer:
Not Applicable
(ix) General Consent:
Not Applicable
7
General
Not Applicable
7

8