Credit Event Notice: DK0030368394, DK0030368477, DK0030375845

Credit Event in Grupo Isolux Corsan Finance B.V.


Copenhagen, 2016-08-17 09:54 CEST (GLOBE NEWSWIRE) --

NOTICE

 

Nordea Bank Finland Plc

Satamaradankatu 5,
FI-00020 NORDEA

Finland

________________________________________

 

 ISSUANCE

 

by

NORDEA BANK FINLAND PLC

of

NOTES LISTED IN ANNEX 1

 

Issued pursuant to the Structured Note Programme (the “Notes”)

________________________________________

 

CREDIT EVENT NOTICE

On 5 August 2016 ISDA’s (International Swaps and Derivatives Association, Inc.) EMEA Credit Derivatives Determinations Committee resolved that a Bankruptcy Credit Event has occurred in relation to the Reference Entity Grupo Isolux Corsan Finance B.V..

Nordea Bank Finland Plc has determined, based on the above, that a Credit Event under the Terms and Conditions of the Notes has occurred in relation to Grupo Isolux Corsan Finance B.V., which is a Reference Entity in the Notes.

The date of the Credit Event is 28 July 2016.

As the Credit Event related to Grupo Isolux Corsan Finance B.V. may reduce the Redemption Amount and the Calculation Amount on which the Interest Amount is calculated (if any), holdings, trading lots and pool factors at Clearing System(s) and/or listing venue(s) are updated where applicable, see Annex 1.

Capitalized terms used in this notice have the same meaning as in the Final Terms and the Base Prospectus for the Notes.

For further information regarding the determination of the Redemption Amount and the Calculation Amount (if any), reference is made to the Final Terms for the respective Notes.

 

Dated 16 August 2016

 

 NORDEA BANK FINLAND PLC

 

 

Annex 1

 

ISIN Loan number Name Number of Credit Events that have occurred
DK0030368394 B166 Europa High Yield 2021 2
DK0030368477 B165 Kreditbevis Europa High Yield 2021 2
DK0030375845 B262 Kreditbevis Europa High Yield Interval 2021 2

 

 


Attachments

Grupo Isolux Corsan Finance_Bankruptcy Credit Event Notice_OMXC.pdf