206585-4-37-v4.0 36-40644112
PART A - CONTRACTUAL TERMSTerms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the base prospectus dated 10 June 2016 and the supplement to the base prospectus dated 20 December 2016 which together constitute a base prospectus for the purposes of Prospectus Directive (Directive 2003/71/EC), as amended (the "Prospectus Directive") (the "Base Prospectus"). This document constitutes the Final Terms of the notes described herein (the "Notes") for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such 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 and the Final Terms are available for viewing at the office of the Paying Agent during normal business hours and are published on the websites of (a) the Luxembourg Stock Exchange (www.bourse.lu) and (b) the Issuer, at the following address (http://www.imerys.com/scopi/group/imeryscom/imeryscom.nsf/pagesref/SCOI- 8S4EYJ?opendocument&lang=en&publi=11) and copies may be obtained free of charge from Imerys, 154, rue de l'Université, 75007 Paris, France.
(i) Series Number: 5
(ii) Tranche Number: 1
- Specified Currency: Euro
- Aggregate Nominal Amount of Notes:
Series: Euro 600,000,000
Tranche: Euro 600,000,000
- Issue Price: 98.837 per cent. of the Aggregate Nominal Amount of the Tranche
- Specified Denomination: Euro 100,000
(i) Issue Date: 17 January 2017
(ii) Interest Commencement Date: Issue Date
- Maturity Date: 15 January 2027
- Interest Basis: 1.5 per cent. Fixed Rate
-
Redemption/Payment Basis: Subject to any purchase, cancellation or early
redemption, the Notes will be redeemed on the Maturity Date at 100 per cent. of the Aggregate Nominal Amount (further particulars specified
below)
- Change of Interest Basis: Not Applicable
-
Put/Call Options: Call Option (Condition 6(c)(i))
Clean-Up Call Option (Condition 6(c)(iv))
Redemption at the Option of the Issuer in the event of a Rate of Interest Increase Event (Condition 6(d))
Make-Whole Redemption (Condition 6(c)(ii)) (further particulars specified below)
(i) Status of the Notes: Unsubordinated Notes
(ii) Date of corporate authorisations for issuance of
Notes obtained: Resolutions of the Board of Directors of the Issuer dated 4 May 2016 and 15 December 2016
Decision of Mr. Gilles Michel, Chief Executive Officer (Président Directeur Général) of the Issuer dated 10 January 2017
PROVISIONS RELATING TO INTEREST PAYABLE- Fixed Rate Note Provisions: Applicable
Rate of Interest: 1.5 per cent. per annum payable annually in arrear,
subject to paragraph 16 below
Interest Payment Dates: 15 January in each year, commencing on, and
including, 15 January 2018 up to, and including, the Maturity Date. There will be a short first coupon from and including the Issue Date to but excluding 15 January 2018
Fixed Coupon Amount: Euro 1,500 per Specified Denomination
Broken Amount: Euro 1,491.78 per Specified Denomination,
payable on the Interest Payment Date falling on 15 January 2018
Day Count Fraction: Actual/Actual - ICMA
Determination Dates: 15 January in each year
- Floating Rate Note Provisions: Not Applicable
- Zero Coupon Note Provisions: Not Applicable
-
Change of Control:
(Condition 14)
Rate of Interest on the Rate of Interest Increase Event:
Applicable
PROVISIONS RELATING TO REDEMPTION 17(a) Call Option (Condition 6(c)(i)): ApplicableRating Downgrade
The new Rate of Interest will be as follows:
to Ba1
2.75 per cent. per annum
to Ba2
3.00 per cent. per annum
to Ba3
3.25 per cent. per annum
to B1
3.50 per cent. per annum
to B2
3.75 per cent. per annum
to B3 or lower
4.00 per cent. per annum
Optional Redemption Date: At any time from and including 15 October 2026
in accordance with Condition 6(c)(i)
Optional Redemption Amount of each Note:
Euro 100,000 per Specified Denomination
If redeemable in part: Applicable
) Minimum Redemption Amount:
Euro 5,000 per Specified Denomination
Maximum Redemption Amount:
Euro 100,000 per Specified Denomination
Notice period: As set out in Condition 6(c)(i)
-
17(b) Clean-Up Call Option (Condition 6(c)(iv)):
Applicable
(i) Early Redemption Amount of each Note:
Euro 100,000 per Specified Denomination
17(c) Redemption at the Option of the Issuer in the event of a RateApplicable
Imerys SA published this content on 27 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 January 2017 17:15:01 UTC.
Original documenthttp://www.imerys.com/scopi/group/imeryscom/imeryscom.nsf/pagesref/REBA-AHZMC6/$File/Final Terms 13_01_2017.002.pdf
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