Nordea Pankki Suomi Oyj - Pörssitiedote

Credit Event - iHeart Communications Inc.

NOTICE

Nordea Bank Finland Plc

Satamaradankatu 5,
FI-00020 NORDEA

Finland

________________________________________

ISSUANCE

by

NORDEA BANK FINLAND PLC

of

instruments listed in Annex 1

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

________________________________________

CREDIT EVENT NOTICE

On 22 December 2016 ISDA’s (International Swaps and Derivatives Association,
Inc.) Americas Determination Committee resolved that a Failure to Pay Credit
Event has occurred in relation to the Reference Entity iHeart Communications,
Inc.

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 iHeart
Communications, Inc., which is a Reference Entity in the Notes.

The date of the Credit Event is 20 December 2016.

As the Credit Event related to iHeart Communications, Inc. may reduce the
redemption amount and the 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 amount on which the interest is calculated (if any), reference is made to
the Final Terms for the respective Notes.

Dated 23 December 2016

NORDEA BANK FINLAND PLC

Annex 1

+------------+------------------+---------+------------------+
|ISIN        |Name              |Number of|New redemption    |
|            |                  |Credit   |amount and   the  |
|            |                  |Events   |amount on         |
|            |                  |that have|which the interest|
|            |                  |         |is calculated (if |
|            |                  |occurred |any)              |
+------------+------------------+---------+------------------+
|FI4000148986|Korkotodistus     |3        |97,00 %           |
|            |Pohjois-Amerikka  |         |                  |
|            |High              |         |                  |
|            |Yield 7/2020      |         |                  |
+------------+------------------+---------+------------------+
|FI4000176821|Korkotodistus     |2        |98,00 %           |
|            |Pohjois-Amerikka  |         |                  |
|            |High              |         |                  |
|            |Yield 1/2021      |         |                  |
+------------+------------------+---------+------------------+
|FI4000177043|Korkotodistus     |1        |99,00 %           |
|            |Pohjois-Amerikka  |         |                  |
|            |High              |         |                  |
|            |Yield 7/2021      |         |                  |
+------------+------------------+---------+------------------+
|SE0004582591|Kreditbevis   USA |5        |94,95 %           |
|            |High Yield Årlig  |         |                  |
|            |Kupong, Bevis 3   |         |                  |
+------------+------------------+---------+------------------+
|SE0004868230|Kreditbevis   USA |5        |95,00 %           |
|            |High Yield, Bevis |         |                  |
|            |6                 |         |                  |
+------------+------------------+---------+------------------+
|SE0005730991|Kreditbevis   USA |5        |95,00 %           |
|            |High Yield, Bevis |         |                  |
|            |20                |         |                  |
+------------+------------------+---------+------------------+
|SE0006599627|Kreditbevis   USA |3        |97,00 %           |
|            |High Yield, SEK   |         |                  |
+------------+------------------+---------+------------------+
|SE0006599650|Kreditbevis   USA |3        |97,00 %           |
|            |High Yield, SEK   |         |                  |
+------------+------------------+---------+------------------+
|SE0006992889|Fasträntebevis    |2        |98,00 %           |
|            |Index USA High    |         |                  |
|            |Yield, FRB        |         |                  |
+------------+------------------+---------+------------------+
|SE0007981980|Fasträntebevis    |1        |99,00 %           |
|            |Index USA High    |         |                  |
|            |Yield2, FRB       |         |                  |
+------------+------------------+---------+------------------+
|XS1170867474|Kreditbevis   USA |2        |97,96 %           |
|            |High Yield        |         |                  |
+------------+------------------+---------+------------------+
|XS1213710657|Kreditbevis   USA |3        |97,00 %           |
|            |High Yield, USD   |         |                  |
+------------+------------------+---------+------------------+
|FI4000040605|Luottotodistus    |5        |148,12 %          |
|            |USA High Yield    |         |                  |
|            |Kertyvä Tuotto    |         |                  |
|            |Euro              |         |                  |
+------------+------------------+---------+------------------+
|FI4000044136|Luottotodistus    |5        |153,82 %          |
|            |USA High Yield    |         |                  |
|            |Kertyvä Tuotto USD|         |                  |
+------------+------------------+---------+------------------+
|FI4000069075|Luottotodistus    |5        |104,50 %          |
|            |USA High Yield    |         |                  |
+------------+------------------+---------+------------------+
|FI4000069190|Luottotodistus    |5        |123,50 %          |
|            |USA High Yield    |         |                  |
+------------+------------------+---------+------------------+
|SE0005216900|Kreditbevis   USA |5        |138,70 %          |
|            |High Yield, Bevis |         |                  |
|            |12                |         |                  |
+------------+------------------+---------+------------------+
|SE0005218500|Kreditbevis   USA |5        |109,25 %          |
|            |High Yield, Bevis |         |                  |
|            |13                |         |                  |
+------------+------------------+---------+------------------+
|XS1062679870|Kreditbevis   USA |4        |134,34 %          |
|            |High Yield PP     |         |                  |
+------------+------------------+---------+------------------+
|FI4000149893|Erillislaina   CDX|2        |245,14 %          |
|            |NA HY s25 Tranche |         |                  |
|            |0-35 %            |         |                  |
+------------+------------------+---------+------------------+
|XS1323607314|Credit            |2        |276,26 %          |
|            |Accumulator 2021  |         |                  |
|            |USD               |         |                  |
+------------+------------------+---------+------------------+
|XS1324532099|Credit            |2        |244,20 %          |
|            |Accumulator 2021  |         |                  |
|            |SEK               |         |                  |
+------------+------------------+---------+------------------+
|XS1324532768|Credit            |2        |240,43 %          |
|            |Accumulator 2021  |         |                  |
|            |DKK               |         |                  |
+------------+------------------+---------+------------------+
|XS1332635272|Credit            |2        |252,04 %          |
|            |Accumulator 2021  |         |                  |
|            |NOK               |         |                  |
+------------+------------------+---------+------------------+
|FI4000149539|Erillislaina   CDX|2        |192,94 %          |
|            |NA HY s24 Tranche |         |                  |
|            |0-34.3434 %       |         |                  |
+------------+------------------+---------+------------------+
|FI4000149216|Erillislaina   CDX|3        |232,32 %          |
|            |NA HY s24 Tranche |         |                  |
|            |0-25 % USD        |         |                  |
+------------+------------------+---------+------------------+
|FI4000149240|Erillislaina   CDX|3        |205,92 %          |
|            |NA HY s24 Tranche |         |                  |
|            |0-25 %            |         |                  |
+------------+------------------+---------+------------------+
|FI4000176722|Luottotodistus    |2        |693,33 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto Ekstra     |         |                  |
+------------+------------------+---------+------------------+
|FI4000176920|Luottotodistus    |2        |139,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |Maltti USD        |         |                  |
+------------+------------------+---------+------------------+
|XS1257735164|U.S.   High Yield |3        |100,00 %          |
|            |II 2020           |         |                  |
+------------+------------------+---------+------------------+
|XS1279435678|U.S.   High Yield |2        |100,00 %          |
|            |III 2020          |         |                  |
+------------+------------------+---------+------------------+
|SE0007665385|Kreditbevis   USA |2        |100,00 %          |
|            |HY15-100%, fixed  |         |                  |
|            |coupon            |         |                  |
+------------+------------------+---------+------------------+
|FI4000149901|Luottotodistus    |2        |180,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto Ekstra USD |         |                  |
+------------+------------------+---------+------------------+
|FI4000149919|Luottotodistus    |2        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Kuponki Ekstra    |         |                  |
+------------+------------------+---------+------------------+
|FI4000149927|Luottotodistus    |2        |162,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto Ekstra     |         |                  |
+------------+------------------+---------+------------------+
|FI4000149943|Luottotodistus    |2        |177,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto Ekstra NOK |         |                  |
+------------+------------------+---------+------------------+
|FI4000149950|Luottotodistus    |2        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Kuponki Ekstra UB |         |                  |
+------------+------------------+---------+------------------+
|FI4000176730|Luottotodistus    |2        |181,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto Ekstra 15  |         |                  |
|            |-35 %             |         |                  |
+------------+------------------+---------+------------------+
|FI4000176847|Luottotodistus    |2        |175,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto 15-35 %    |         |                  |
|            |Ekstra            |         |                  |
+------------+------------------+---------+------------------+
|FI4000176854|Luottotodistus    |2        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Kuponki 15-35 %   |         |                  |
|            |Ekstra            |         |                  |
+------------+------------------+---------+------------------+
|FI4000176953|Luottotodistus    |2        |170,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto 15-35 %    |         |                  |
|            |Ekstra            |         |                  |
+------------+------------------+---------+------------------+
|FI4000177100|Luottotodistus    |1        |155,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto 15-35 %    |         |                  |
|            |Ekstra            |         |                  |
+------------+------------------+---------+------------------+
|FI4000177324|Luottotodistus    |1        |158,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto 15-35 %    |         |                  |
|            |Ekstra            |         |                  |
+------------+------------------+---------+------------------+
|FI4000177514|Luottotodistus    |1        |161,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto 15-35 %    |         |                  |
|            |Ekstra            |         |                  |
+------------+------------------+---------+------------------+
|NO0010722721|RC229   - Nordea  |4        |100,00 %          |
|            |Kredittbevis Nord |         |                  |
|            |-Amerika High     |         |                  |
|            |Yield             |         |                  |
+------------+------------------+---------+------------------+
|NO0010748577|RC253   - Nordea  |2        |100,00 %          |
|            |Kredittbevis Nord |         |                  |
|            |-Amerika High     |         |                  |
|            |Yield II          |         |                  |
+------------+------------------+---------+------------------+
|NO0010763592|RC266   - Nordea  |1        |100,00 %          |
|            |PP Kredittbevis   |         |                  |
|            |Nord              |         |                  |
|            |-Amerika High     |         |                  |
|            |Yield III         |         |                  |
+------------+------------------+---------+------------------+
|NO0010777808|RC280   Nordea    |1        |100,00 %          |
|            |Kredittbevis Nord |         |                  |
|            |-Amerika High     |         |                  |
|            |Yield IV          |         |                  |
+------------+------------------+---------+------------------+
|SE0004547008|Nordea   HY Max   |5        |100,00 %          |
|            |USA               |         |                  |
+------------+------------------+---------+------------------+
|SE0004579001|Nordea   HY Max   |5        |100,00 %          |
|            |USA               |         |                  |
+------------+------------------+---------+------------------+
|SE0004722676|Nordea   HY Max   |5        |100,00 %          |
|            |USA III           |         |                  |
+------------+------------------+---------+------------------+
|SE0004869295|Nordea   HY Max   |5        |100,00 %          |
|            |USA IV            |         |                  |
+------------+------------------+---------+------------------+
|SE0004899870|Nordea   HY Max   |5        |100,00 %          |
|            |USA V             |         |                  |
+------------+------------------+---------+------------------+
|SE0005033297|Kreditbevis   USA |5        |100,00 %          |
|            |High Yield Ränta  |         |                  |
+------------+------------------+---------+------------------+
|SE0005095494|Kreditbevis   USA |5        |100,00 %          |
|            |High Yield Ränta  |         |                  |
+------------+------------------+---------+------------------+
|SE0005364551|Kreditbevis   USA |5        |100,00 %          |
|            |High Yield        |         |                  |
|            |Buffert,          |         |                  |
|            |PB 7              |         |                  |
+------------+------------------+---------+------------------+
|SE0006992921|Kreditbevis   USA |2        |100,00 %          |
|            |High Yield        |         |                  |
|            |Buffert,          |         |                  |
|            |PB 17             |         |                  |
+------------+------------------+---------+------------------+
|SE0007953799|Kreditbevis   USA |1        |100,00 %          |
|            |High Yield 15-35%,|         |                  |
|            |fixed coupon PP   |         |                  |
+------------+------------------+---------+------------------+
|SE0008587398|Kreditbevis   USA |1        |151,00 %          |
|            |High Yield        |         |                  |
|            |Buffert,          |         |                  |
|            |PB 22             |         |                  |
+------------+------------------+---------+------------------+
|SE0008587521|Kreditbevis   USA |1        |156,50 %          |
|            |High Yield 15-35% |         |                  |
|            |TRP, PP           |         |                  |
+------------+------------------+---------+------------------+
|XS0994478187|NBF   CDX High    |5        |100,00 %          |
|            |Yield Floater 2019|         |                  |
+------------+------------------+---------+------------------+
|XS1029473714|NBF   CDX High    |5        |100,00 %          |
|            |Yield Floater II  |         |                  |
|            |2019              |         |                  |
+------------+------------------+---------+------------------+
|XS1128638266|U.S.   Floater    |4        |100,00 %          |
|            |2020              |         |                  |
+------------+------------------+---------+------------------+
|XS1136955363|U.S.   Floater    |4        |100,00 %          |
|            |2020 II           |         |                  |
+------------+------------------+---------+------------------+
|XS1214670629|U.S.   High Yield |3        |100,00 %          |
|            |2020              |         |                  |
+------------+------------------+---------+------------------+
|XS1253394685|U.S.   High Yield |3        |100,00 %          |
|            |2020 CAD          |         |                  |
+------------+------------------+---------+------------------+
|XS1303491531|U.S.   High Yield |2        |100,00 %          |
|            |2021 CAD          |         |                  |
+------------+------------------+---------+------------------+
|XS1339026863|Kreditbevis   USA |2        |204,00 %          |
|            |HY15-35%,         |         |                  |
|            |Accumulator       |         |                  |
+------------+------------------+---------+------------------+
|XS1399288734|U.S.   High Yield |1        |100,00 %          |
|            |2021              |         |                  |
+------------+------------------+---------+------------------+
|XS1506585519|U.S.   High Yield |1        |100,00 %          |
|            |2022              |         |                  |
+------------+------------------+---------+------------------+
|FI4000090899|Luottotodistus    |4        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Tuotto            |         |                  |
+------------+------------------+---------+------------------+
|SE0004807725|Nordea   HY Max   |5        |100,00 %          |
|            |USA IV            |         |                  |
+------------+------------------+---------+------------------+
|FI4000177183|Luottotodistus    |1        |135,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto Ekstra     |         |                  |
+------------+------------------+---------+------------------+
|FI4000177191|Luottotodistus    |1        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Kuponki Ekstra    |         |                  |
+------------+------------------+---------+------------------+
|FI4000177225|Luottotodistus    |1        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Kuponki Ekstra    |         |                  |
+------------+------------------+---------+------------------+
|FI4000177266|Luottotodistus    |1        |150,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kertyvä|         |                  |
|            |Tuotto Ekstra USD |         |                  |
+------------+------------------+---------+------------------+
|FI4000177290|Erillislaina      |1        |100,00 %          |
|            |Yrityskori        |         |                  |
|            |Amerikka          |         |                  |
|            |III/2016          |         |                  |
+------------+------------------+---------+------------------+
|FI4000177373|Luottotodistus    |1        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Kuponki Ekstra    |         |                  |
+------------+------------------+---------+------------------+
|FI4000177498|Luottotodistus    |1        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Kuponki Ekstra    |         |                  |
+------------+------------------+---------+------------------+
|FI4000177506|Luottotodistus    |1        |100,00 %          |
|            |Pohjois-Amerikka  |         |                  |
|            |High Yield Kiinteä|         |                  |
|            |Kuponki Ekstra    |         |                  |
+------------+------------------+---------+------------------+
|SE0008587216|Kreditbevis   USA |1        |100,00 %          |
|            |High Yield        |         |                  |
|            |Buffert,          |         |                  |
|            |Mega              |         |                  |
+------------+------------------+---------+------------------+
|SE0008587281|Kreditbevis   USA |1        |100,00 %          |
|            |High Yield        |         |                  |
|            |Buffert,          |         |                  |
|            |Mega              |         |                  |
+------------+------------------+---------+------------------+
|SE0008587307|Kreditbevis   USA |1        |100,00 %          |
|            |High Yield        |         |                  |
|            |Buffert,          |         |                  |
|            |PP                |         |                  |
+------------+------------------+---------+------------------+