Capital/Financing Update • Jul 4, 2013
Capital/Financing Update
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2 July 2013
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Base Prospectus dated 19 September 2012 and a supplement to it dated 22 March 2013 which together constitute a base prospectus (the "Base Prospectus") for the purposes of the Prospectus Directive (Directive 2003/71/EC) (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 has been published on Issuer's website.
| 1. | (i) | Series Number: | 25 |
|---|---|---|---|
| (ii) | Tranche Number: | $\overline{2}$ | |
| The Notes will be consolidated and form a single series with the Existing Notes on the Issue Date. |
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| 2. | Specified Currency: | EUR | |
| 3. | Aggregate Nominal Amount of Notes admitted to trading: |
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| (i) | Series: | EUR 234,000,000 | |
| (ii) | Tranche: | EUR 70,000,000 | |
| 4. | Issue Price: | 94.648 per cent. of the Aggregate Nominal Amount of the Tranche plus EUR 154,383.56 accrued interest for the period from, and including 5 June 2013 to, but excluding, the Issue Date. |
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| 5. | (i) | Specified Denominations: | EUR 100,000 and higher integral multiples of EUR 1,000 in excess thereof |
| (ii) | Calculation Amount: | EUR 1,000 |
| 6. | (i) | Issue Date: | 3 July 2013 |
|---|---|---|---|
| (ii) | Interest Commencement Date: | 5 June 2013 | |
| 7. | Maturity Date: | 5 December 2023 | |
| 8. | Interest Basis: | 2.875 per cent. Fixed Rate (further particulars specified below) |
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| 9. | Redemption/Payment Basis: | Subject to any purchase and cancellation or early redemption, the Notes will be redeemed on the Maturity Date at par. |
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| 10. | Change of Interest Basis: | Not applicable | |
| 11. | Put/Call Options: | Not applicable | |
| 12. | Date(s) | of relevant corporate authorisations for issuance of Notes: |
20 February 2013 (Board Authorisation) and 21 June 2013 (Decision to Issue). |
| 13. | Fixed Rate Note Provisions: | Applicable | ||
|---|---|---|---|---|
| (i) | Rate(s) of Interest: | 2.875 per cent. per annum payable annually in arrear on each Interest Payment Date. |
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| (ii) | Interest Payment Date(s): | 5 December in each year commencing on 5 December 2013 up to, and including, the Maturity Date, in each case in accordance with the Following Business Day Convention. |
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| (iii) | Fixed Coupon Amount(s): | EUR 28.75 per Calculation Amount | ||
| (iv) | Broken Amount(s): | On the first Interest Payment Date falling on 5 December 2013, the following Broken Amount shall be due on the Notes: EUR 14.4144 per Calculation Amount. |
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| (v) | Day Count Fraction: | Actual/Actual (ICMA) (unadjusted) | ||
| (vi) | Determination Date(s): | 5 December in each year | ||
| 14. | Floating Rate Note Provisions: | Not applicable | ||
| 15. | Zero Coupon Note Provisions: | Not applicable | ||
| PROVISIONS RELATING TO REDEMPTION | ||||
| 16. | Call Ontion: | Not applicable |
| 16. | Call Option: | Not applicable |
|---|---|---|
| 17. | Put Option: | Not applicable |
Temporary Bearer Global Note exchangeable for a Permanent Bearer Global Note which is exchangeable for Definitive Notes only upon an Exchange Event.
$21.$ Financial Centre(s): Not applicable
Signed on behalf of the Issuer:
By: Yann LANGLALS Duly authorised
Ratings:
The Notes to be issued are expected to be rated:
$S\&P:$ BBB
Moody's: Baa2
Save as discussed in "Subscription and Sale and Transfer and Selling Restrictions", 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)
5.
| Indication of yield: | 3.495 per cent. |
|---|---|
| The yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield. |
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| OPERATIONS INFORMATION | |
| ISIN Code: | The Notes will assume the same ISIN Code as the Existing Notes as follows: |
| XS0938999629 | |
| Common Code: | The Notes will assume the same Common |
093899962
Book-entry clearing systems:
Euroclear Bank S.A./N.V., Clearstream Banking, societe anonyme
Names and addresses of additional Paying Not applicable Agent(s) (if any):
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