FINAL TERMS ICBC STANDARD BANK PLC U.S.$3,500,000,000. Note Issuance Programme SERIES NO: 1195

Transcription

1 FINAL TERMS ICBC STANDARD BANK PLC U.S.$3,500,000,000 Note Issuance Programme SERIES NO: 1195 EGP 1,084,180,000 Arab Republic of Egypt FX and Credit Linked Notes due 14 June 2018 Issue Price: per cent. Final Terms dated 19 June 2017

2 PARTA-CONTRACTUALTERMS Tenns used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Base Prospectus dated 20 June 2016 which constitutes a base prospectus (the "Base Prospectus") for the purposes of the Directive 2003/71/EC, as amended by Directive 2010/73/EU (the "Prospectus Directive"). This document constitutes the Final Terms relating to the issue of Notes described herein for the purposes of Regulation 23 of S.l. 324 of 2005 of Ireland and must be read in conjunction with such Base Prospectus as so supplemented. 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 and the supplemental Base Prospectus are available for viewing at, and copies may be obtained from, the registered office of the Issuer which is 20 Gresham Street, London EC2V 7JE or at I. Issuer: 2. Series Number: ICBC Standard Bank Pic 1195 Tranche Number: (iii) Date on which the Notes become fungible: 3. Specified Currency or Currencies: Not Applica le Egyptian Pound (EGP) 4. Aggregate Nominal Amount: Series (total): of which Tranche [ ]: EGP I,084, 180,000, the USD equivalent of which for the purpose of settlement of the Notes on the Issue Date at an exchange rate of USD 11 EGP and an Issue Price of is USD 50,402, Issue Price: per cent. of the Aggregate Nominal Amount 6. Specified Denomination( s ): EGP 4,000,000 and integral multiples of EGP I in excess thereof up to and including EGP 7,999,999. No Notes will be issued with a denomination exceeding EGP 7,999,999. Calculation Amount: EGP 4,000, Issue Date: 15 June 2017 Trade Date 8 June 2017 (iii) Interest Commencement Date: Maturity Date: Interest Basis: 14 June 2018, unless a Credit Event has occurred in which case the Notes will redeem in accordance with the Credit Linked Derivatives provisions. The Maturity Date may be deferred upon the occurrence of Potential Credit Event and is subject to the occurrence of a Disruption Event Zero Coupon (further particulars specified below)

3 10. Redemption/Payment Basis: Redemption - Pass Through (FX) (further particulars specified below) 11. Put/Call Options: PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE 12. Fixed Note Provisions: 13. Floating Note Provisions: 14. Zero Coupon Note Provisions: Applicable Amortisation Yield (Condition 5.4): Day Count Fraction Actual/ Variable Linked Interest Note Provisions: PROVISIONS RELATING TO DUAL CURRENCY NOTES 16. Dual Currency Note Provisions: Applicable in respect of payment of principal (iii) Settlement Currency: Valuation Date(s): Settlement Option: Interest: ; Principal: USD Interest: ; Principal: Two Business Days prior to the Settlement Date except (if applicable) Illiquidity Valuation Date (as defined in the Currency Annex) Interest: ; Principal: Calculation Agent Determination of Settlement PROVISIONS RELATING TO REDEMPTION 17. Call Option: 18. Put Option: 19. Final Redemption Amount of each ~ote: Final Redemption Amount: Formula: Redemption - Pass Through (FX) Credit Linked Derivatives Annex: Applicable Emerging Markets Equity Linked Derivatives Annex:

4 {ii) Maximum Amount: Redemption (i ii) Minimum Amount: Redemption (i ) Redemption - Pass Through (Standard): (v) Redemption - Pa s Through Applicable (FX): Reference Obligation: Arab Republic of Egypt 0.00 per cent. Treasury Bill due 12 June 2018 (ISIN: EGT9980C6117) Specified Amount: Nominal EGP 1, ,000 Amortising Reference Obligation: Instalment Date(s): t Applicable N t Applicable Reference Obligation EGP Currency: Settlement Currency: Valuation Date(s): USD Two Busine s Days prior to the Settlement Date except (if applicable) Illiquidity Valuation Date (as defined in the Currency Annex) Settlement Option: Calculation Agent Determination of Settlement (vi) Redemption (Curr ncy): Not Applica Je 20. Early Redemption: Early Redemption Amount(s) of each Note payable on occurrence of a Specified Event (Condition 5.2) (if applicable), redemption for taxation reasons (Condition 5.3) or an event of default (Condition 10): If a Specified Event has occurred the redemption amount, if any, shall be determined in accordance with the Credit Linked Derivatives Annex. If a Disruption Event has occurred, the redemption amount, if any, shall be determined in accordance with the Currency Annex. If the Note is redeemed early for taxation reasons, the Early Redemption Amount will be calculated a if the "Material Change in Circumstance" Disruption Event had occurred, and the provisions of the Currency Annex will apply FX Break Costs adjustments: Applicable (ii ) Notice period in relation to a Tax Termination Event if different to that set out in Condition 5.3(b): (iii) Unmatured Coupons to become Yes void upon early redemption

5 (Bearer Notes only) (Condition 6.6): (iv) Specified Event Linked Notes: Yes (further details specified below) Specified Event: Credit Event and Disruption Event Settlement Basis Credit Event: Cash Settlement (following a Specified Event): Disruption Event: Cash Settlement GENERAL PROVISIONS APPLICABLE TO THE NOTES 21. Form of Notes: Bearer Notes (iii) Temporary or permanent Global Note/Certificate: Applicable TEFRA Exemption: Transfer of Registered Notes only permitted with the prior written consent of the Issuer: Permanent Global Note exchangeable for Definitive Notes in the limited circumstances specified in the Permanent Global Note C Rules 22. Financial Centre(s) (Condition 6.8): London, New York and Cairo 23. Talons for future Coupons to be No attached to Definitive Notes (and dates on which such Talons mature): 24. Registrar: 25. Calculation Agent: ICBC Standard Bank Pic 26. CREDIT LINKED PR0\1SIONS Provisions of the Credit Linked Derivatives Annex: Applicable Reference Entity(ies): Referenc Transacti e Entity: on Type: Additiona I Provision s: Physical Settle men t Matrix: Arab Republic of Egypt or any successor to such entity Not Applicabl e Not Applicabl e Not Applicabl e LPN Reference Entity: (iii) Financial Reference Entity Terms: (iv) Subordinated European

6 Insurance Terms: (v) Standard Reference Obligation: (vi) Seniority Level: (vii) Reference Obligation(s): As specified under paragraph 19(v) above ( iii) Applicable Credit Events: Bankruptcy, Failure to Pay, Obligation Acceleration. Obligation Default, Repudiation/Moratorium, Governmental Intervention and Restructuring. Grace Extension: Period Applicable Grace Period 30 calendar days (applicable under paragraph (b) of the definition thereof): Payment Requirement: Restructuring Type: U.S.$ 1,000,000 Restructuring Multiple Obligation: Holder (ix) (x) (xi) (xii) (xiii) (xiv) (xv) (xvi) (xvii) (xviii) (xix) Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation: Scheduled Termination Date: Notice of Publicly Available Information applicable to Conditions to Settlement: Settlement Method: Fallback Settlement Method: Auction Settlement Amount: Cash Settlement Amount: Valuation Time: Quotation Amount: Minimum Quotation Amount: Physical Settlement Period: Partial Cash Settlement Date: 14 June 2018 No Cash Settlement Fallback Settlement Method at Issuer Option As per Condition 5.2F(b) As per the Definition set out in the Credit Linked Derivatives Annex Reference Entity Notional Amount As per the Definition set out in the Credit Linked Derivatives Annex As per the Definition set out in the Credit Linked

7 (xx) (xxi) Accrued Interest: Reference Price: Derivatives Annex Exclude Accrued Interest As per the Definition set out in the Credit Linked Derivatives Annex (xxii) Reference Entity Notional The Specified Nominal Amount Amount: Amortising Obligation: (xxiii) All Guarantees: Reference Applicable (xxiv) Substitution of Reference Entities under Condition 5.2K (Succession Event)): (xxv) (xxvi) Participation CLN: Credit Event Back top Date: (xxiii) Succession Event Backstop Date: (xxvii) Adjustment Dates: of Limitation Subject to adjustment in accordance with the Following Business Day Convention (xxviii) Obligation Category: Borrowed Money (xxix) Obligation Characteristics: Specified Currency: EGP and the Standard Specified Currencies (xxx) Deliverable Category: Obligation Borrowed Money (xxxi) Deliverable Characteristics: Obligation Specified Currency: EGP and the Standard Specified Currencies 27. CURRENCY PROVISIONS Provisions of the Currency Annex: Applicable PART A - Specified Terms for Disruption Fallbacks Fallback Reference Price: Calculation Agent Determination of Settlement Option (ii ) Event Currency: Reference Currency fii i) Reference Currency: EGP (iv) Currency Reference Dealer Specified Time: (v ) Local Asset: (vi) Physical Settlement Date: (vii) Latest Permissible Physical Settlement Date:

8 (vi ii) Reference Dealers and their respective Specified Offices: (ix) l x) ( d) l xii) (xiii) (xiv) Specified Amount: Specified Company: Specified : Specified Time: Valuation Date: Relevant Affiliate(s): Calculation Amount Two Business Days prior to the Settlement Date except (if applicable) Illiquidity Valuation Date (as defined in the Currency Annex) PART B - Disruption Event Terms Disruption Events Applicable Disruption Events: Settlement/Custodial Event, Dual Exchange, General Inconvertibility, General Non- Transferability, Governmental Authority Default, Illiquidity, Material Change in Circumstance, Nationalisation, Price Source Disruption, Specific Inconvertibility. Specific Non- Transferability Iii) Order of remedy of Disruption Events if other than that set out in the Currency Annex: Disruption Fallbacks 111 Settlement/Custodial Event: Assignment of Claim against Custodian - Benchmark Obligation: the Reference Obligation Iii) Benchmark Obligation Default: liii) Dual Exchange : Calculation Agent Determination of Settlement liv) General Inconvertibility: Currency Substitute I Settlement Postponement: Maximum Days of Disruption: 30 I Calculation Agent Determination of Settlement lv) General Non-Tran ferability: Currency Substitute I Settlement Postponement: Maximum Days of Disruption: 30 I Calculation Agent Determination of Settlement (vi) Governmental Authority Default: Local Asset Substitute-Gross (Specified Value: Face Amount)/ Settlement Postponement: Maximum Days of Disruption: 30 I Calculation Agent Determination of Settlement ( ii) Illiquidity: Calculation Agent Determination of Settlement Minimum Amount: EGP 1 Illiquidity Valuation Date (if applicable): Not

9 Applicable (vii) Material Circumstance: Change in Early Redemption (viii) Nationalisation: Settlement Postponement: Maximum Days of Disruption: 30 I Assignment of Clai m I Calculation Agent Determination of Settlement fi ) (x) I xi) Price Materiality: Price Source Disruption: Specific Inconvertibility: Calculation Agent Determination of Settlement Currency Substitute I Settlement Postponement: Maximum Days of Disruption: 30 I Calculation Agent Determination of Settlement Mini mum Amount: EGP 1 fx ii) Specific Non-Tran. ferability: Currency Substitute I Settlement Postponement: Maximum Days of Disruption: 30 I Calculation Agent Determination of Settlement LISTING AND ADMISSION TO T RADING APPLICATION These Final Terms comprise the fi nal terms required to list and have admitted to trading the issue of Notes described herein pursuant to the U.S.$3,500,000,000 Note Issuance Programme of ICBC Standard Bank Pic. RESPONSffiiLITY The Issuer accepts responsibility for the information contained in these Final Terms. Signed on behalf of the Issuer: By: 1(<&1MJ.:&.l.... ])~ ~ Duly authorised (J- (tp. D. Thomas Fairfax Legal Department '"' (' Standard Bank Pic av1d Guthrie Legal Departmen t ICBC Standard Bank Pic

10 PART C- OTHER INFORMATION 1. Listing Listing: Admission to trading: Irish Stock Exchange Application has been made for the Notes to be admitted to trading on the regulated market of the Irish Stock Exchange as of 19 June Ratings (iii) Estimate of total expenses related EUR 600 to admission to trading: Ratings: The Notes will not be rated. 3. Interests of Natural and Legal Persons Involved in the Issue So far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer. 4. PERFORMANCE OF RA TE(S) OF EXCHANGE Information on past and future performance and volatility of the USDIEGP exchange rate can be obtained from Bloomberg using "USDEGP <cmcy> <GO>" OPERATIONAL INFORMATION IS IN: Common Code: Clearing System(s) and the relevant identification number(s): Delivery: XS163269l Euroclear and Clearstream Delivery against payment 9. Names and addresses of additional Paying Agent(s) (if any): DISTRIBUTION 10. Method of distribution: 11. Name of Dealer: 12. Name ofmanager(s): 13. Name of Distributor(s): 14. Name ofplacer(s): 15. Name of Stabilising Manager(s): Deutsche International Corporate Services (Ireland) Limited 6th Floor, Pinnacle 2 Eastpoint Business Park Dublin 3 Ireland Non-syndicated ICBC Standard Bank Pic GENERAL 16. The aggregate principal amount of Notes USD 60,400,000 issued has been translated into US dollars at the rate of EGP for USD 1,

11 producing a sum of (for Notes not denominated in US dollars): 17. Contingent Notes for US federal No income tax purposes: Address to which a US Holder of Contingent Notes can submit a request for schedule of projected amounts of payments on Contingent Notes: