Nordea Bank AB (publ) (the ”Issuer”) issues a series (B524) of Credit Linked Notes due 20 January 2022, Kreditbevis USA High Yield Interval 2022, denominated in euro (“EUR”) with ISIN Code DK0030394630 (the "Notes").
The Notes are to be issued on 30 March 2017 and will be redeemed on 20 January 2022 in accordance with performance structure "Tranched CLN". The return on the Notes depends on the number of credit events in the underlying index and the Target Redemption Amount.
Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of the Final Terms of the Notes dated 1 March 2017 and the Base Prospectus, as so supplemented.
The offer period for the Notes will take place during the period from 6 March 2017, 9:00 CET until 24 March 2017, 16.00 CET. The Aggregate Nominal Amount of the Notes and the final Coupon Rate will be determined after the subscription period and announced in a Final Terms Confirmation Announcement through NASDAQ Copenhagen.
The Issuer reserves its rights to cancel the offer if the aggregate principal amount of Notes subscribed on or before the Issue Date is less than EUR 7,000,000, if the Target Redemption Amount cannot be set to at least 125.00 per cent, or if any event of an economic, financial or political nature occurs and which may jeopardise a successful offer, as determined by the Issuer. The Issuer may also replace the Reference Asset at any time on or prior to Issue Date by a comparable type of underlying Reference Asset.
The Notes, if issued, will be registered with VP Securities A/S on 30 March 2017 and be admitted to trading and official listing on NASDAQ Copenhagen with the first day of trading on the same day.
We refer to the published Final Terms of the Notes.
Questions regarding the Notes may be directed to Martin Gros Pedersen, Nordea Markets, telephone 55 47 18 61.
