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Nova Ljubljanska banka d.d. Notes – NOVALJ 3.4 02/05/30
| Issuer | Nova Ljubljanska banka d.d., Ljubljana, Trg republike 2, 1520 Ljubljana | |
|---|---|---|
| Type | Subordinated, EUR-denominated, issued in global note form | |
| Status and subordination | The Notes shall constitute direct, unsecured and subordinated obligations of the Issuer and shall qualify as Tier 2 instruments of the Issuer pursuant to Article 63 of the CRR II Regulation | |
| Ticker | NOVALJ 3.4 02/05/30 | |
| ISIN code | XS2113139195 | |
| Notes Rating | BB (S&P) | |
| Aggregate nominal value of the issue (principal) | EUR 120,000,000.00 | |
| Nominal value of each Note | EUR 100,000.00 | |
| Interest commencement date | 5 February 2020 | |
| Maturity | 5 February 2030 | |
| Interest Rate | Interest rate means annual interest rate, which amounts to: (i) 3.40% up to but excluding 5 February 2025; (ii) from and including 5 February 2025, the sum of Reference Rate, applicable on Reset Interest Date, and Margin | |
| Reference Rate | Mid-swap rate for swap transactions in euro with a maturity of 5 years | |
| Reset Date | 5 February 2025 | |
| Reset Interest Date | Means the day which is two TARGET Business Days prior to Reset Date | |
| Margin | 3.658% | |
| TARGET Business Day | Means any day which is a day on which TARGET2 payment system is operating | |
| Issue date | 5 February 2020 | |
| Interest Calculation | If the amount of interest scheduled to be paid under the notes is required to be calculated for any period of time: (i) such amount of interest for any Interest Period ending on or prior to the Reset Date shall be calculated by the calculation agent by applying the 3.40% to the principal amount of the Notes; and (ii) such amount of interest for any Interest Period commencing on or after the Reset Date shall be calculated by the calculation agent by applying the applicable Interest Rate to the principal amount of the Notes, in each case multiplying such amount by the applicable day count fraction (act/act), and rounding the resultant figure to the nearest full cent with EUR 0.005 being rounded upwards. | |
| Interest Period | Means the period from and including the Interest commencement date to but excluding the first interest payment date and each successive period from and including an interest payment date to but excluding the next succeeding interest payment date. | |
| Interest Payment Date | 5 February each year, starting on 5 February 2021 | |
| Type of redemption | At maturity, at redemption price equal to 100% of principal plus accrued interest | |
| Possibility of early redemption | The principal of the Notes cannot be prepaid upon demand of a noteholder. The Issuer may redeem the Notes before maturity (in whole, but not in part, at their principal amount together with accrued and unpaid interest thereon to but excluding the date specified for the redemption at any time on the date of early redemption specified in the notice, provided that the conditions to early redemption and repurchase set forth in conditions of the Notes are met): (a) if, by 31 July 2020, the Issuer does not obtain the permission of the competent authority to include the Notes in whole in the calculation of its Tier 2 capital pursuant to Article 71 of the CRR II; and (b) subject to the prior consent of the competent authority: (i) on the fifth anniversary of the issue date of the Notes; (ii) if there is a change in the regulatory classification of the Notes; and/or (iii) if there is a change in the applicable tax treatment of the Notes. | |
| Listed on stock exchange | Luxembourg Stock Exchange, Euro MTF market | |
| Listed from | 5 February 2020 | |
"IMPORTANT NOTICE"
The above description of the main characteristics of the notes is not legally binding, a detailed description of the rights and obligations arising from the notes are described in Offering Circular in the section "Terms and conditions of the notes".
pdf
1 MB
Offering Circular
Amortization plan for one Note (in EUR)
Calculation is informative
| Date of maturity of obligation | Principal | Interest | Total |
|---|---|---|---|
| 5.2.2020 | - | - | - |
| 5.2.2021 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2022 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2023 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2024 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2025 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2026 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2027 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2028 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2029 | 0.00 | 3,400.00 | 3,400.00 |
| 5.2.2030 | 100,000.00 | 3,400.00 | 103,400.00 |
