EUR 3000000000 debt issuance programme, 10 ... - Volksbank AG

(iii) such credit institution meets each of the following requirements (determined as
per its most recent annual financial statements published prior to the issuance of the
relevant Debt Instrument):
- its total assets are at least € 250,000,000; and
- its total own funds within the meaning of § 23 of the Austrian Banking Act, are at
least € 20,000,000,
(provided that Part B No. 9 of the Final Terms shall specify this information if applicable,
and shall further specify such information in respect of such credit institution as
if such credit institution were an issuer drafting a Registration Document, as defined
by Commission Regulation (EC) No. 809/2004, for debt and derivative securities with
an individual denomination of at least € 50,000); or
(3) the Austrian federation, any Austrian province, an Austrian municipality, the Austrian
national bank, or any other member state of the European Economic Area and their provincial
governments, municipalities and central banks, or any other person where the relevant
Debt Instrument has been unconditionally and irrevocably guaranteed by any one of
the previously mentioned authorities, or the European Central Bank or any international
organisation constituted under public law of which Austria is a member (and in each case,
to the extent only that no obligation to publish a prospectus would apply to the issuance
by such entities of the relevant Debt Instrument pursuant to § 3 of the Austrian Capital
Markets Act); or
(4) any other member state of the Organisation for Economic Cooperation and Development
(OECD), or any political subdivision thereof, provided that such member state or
political subdivision shall, at the time of issue of the relevant Notes, have a senior unsecured
rating from Moody’s Investors Service Limited of “A2” or higher, and/or Standard
& Poor’s of “AA” or higher;
(b) where such Compartment Assets are designated as equity instruments, such as shares,
share-like transferable instruments, other instruments which represent one or more, or may
be converted into or swapped for shares or such instruments which provide for a different
method by which shares or other, transferable share-like instruments could be acquired or
subscribed, or any combination thereof, (the “Equity Instruments”), such Equity Instruments
are admitted to trading on a regulated or equivalent market, and the following information
shall be provided in Part B No. 9 of the Final Terms:
(i) a description of such Equity Instruments;
(ii) a description of the market in which they are traded including its date of establishment,
how price information is published, an indication of daily trading volumes,
information as to the standing of the market in the country and the name of
the market’s regulatory authority; and
(iii) the frequency with which prices of the relevant securities are published;
(c) where such Compartment Assets are designated as fund instruments, such as investment
fund units (the “Fund Instruments”), such Fund Instruments are admitted to trading on a
regulated or equivalent market, and the following information shall be provided in Part B
No. 9 of the Final Terms:
(i) a description of such Fund Instruments;
(ii) a description of the market in which they are traded including its date of establishment,
how price information is published, an indication of daily trading volumes,
information as to the standing of the market in the country and the name of
the market’s regulatory authority; and
(iii) the frequency with which prices of the relevant securities are published; and
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