# EDGAR Filing Document

**Accession Number:** 0000202811
**File Stem:** 0001193125-23-044640
**Filing Date:** 2023-2
**Character Count:** 6861
**Document Hash:** baf81ff839b1601f82725aadb29b897e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-044640.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001193125-23-044640

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OESTERREICHISCHE KONTROLLBANK AKTIENGESELLSCHAFT
- **CENTRAL INDEX KEY:** 0000202811
- **STANDARD INDUSTRIAL CLASSIFICATION:** FOREIGN GOVERNMENTS [8888]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** C4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-226311
- **FILM NUMBER:** 23652496

**BUSINESS ADDRESS:**
- **STREET 1:** AM HOF 4, PO BOX 70
- **STREET 2:** A-1010 VIENNA
- **CITY:** AUSTRIA
- **STATE:** C4
- **ZIP:** 00000
- **BUSINESS PHONE:** 011431531272569

**MAIL ADDRESS:**
- **STREET 1:** AM HOF 4, PO BOX 70
- **STREET 2:** A-1010 VIENNA
- **CITY:** AUSTRIA
- **STATE:** C4
- **ZIP:** 00000
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OESTERREICHISCHE KONTROLLBANK AKTIENGESELLSCHAFT
- **CENTRAL INDEX KEY:** 0000202811
- **STANDARD INDUSTRIAL CLASSIFICATION:** FOREIGN GOVERNMENTS [8888]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** C4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** AM HOF 4, PO BOX 70
- **STREET 2:** A-1010 VIENNA
- **CITY:** AUSTRIA
- **STATE:** C4
- **ZIP:** 00000
- **BUSINESS PHONE:** 011431531272569

**MAIL ADDRESS:**
- **STREET 1:** AM HOF 4, PO BOX 70
- **STREET 2:** A-1010 VIENNA
- **CITY:** AUSTRIA
- **STATE:** C4
- **ZIP:** 00000

Free Writing Prospectus Filed pursuant to Rule 433 <br> Filed on February 22, 2023 Registration Statement No. 333-226311

**Oesterreichische Kontrollbank Aktiengesellschaft** 

**US$1,000,000,000 4.250% Guaranteed Global Notes due 2028** 

**FINAL TERM SHEET** 

**February 22, 2023** 

---

| | |
|:---|:---|
| **Issuer:** | Oesterreichische Kontrollbank AG ("OeKB") |
| **Guarantor:** | Republic of Austria |
| **Issuer Rating:** | AA+ (stable) by Standard & Poor's Ratings Services and Aa1 (stable) by Moody's Investors Service<sup>1</sup> |
| **Principal Amount:** | US$1,000,000,000 |
| **Pricing Date:** | February 22, 2023 |
| **Closing Date:** | March 1, 2023 (T+5) |
| **Maturity Date:** | March 1, 2028 |
| **Redemption Price at Maturity:** | 100.000% |
| **Interest Rate:** | 4.250% per annum (paid semi-annually 30/360, following, unadjusted) |
| **Interest Payment Dates:** | March 1 and September 1 of each year |
| **First Interest Payment Date:** | September 1, 2023 |
| **Reoffer Spread:** | 17.2 bps over 3.5% US Treasury due January 31, 2028, such Treasury security yielding 4.116% semi-annually |
| **Price to Public/Issue Price:** | 99.831% |
| **Underwriting Commissions:** | 0.125% |
| **Proceeds to OeKB:** | 99.706% |
| **Format:** | Registered global notes |
| **Denominations:** | US$1,000 |
| **Listing:** | Regulated Market of the Luxembourg Stock Exchange |
| **Business Days:** | New York, London |
| **Clearing System:** | DTC (deliverable through Clearstream Luxembourg and Euroclear) |
| **Underwriters:** | BofA Securities Europe SA, Deutsche Bank Aktiengesellschaft, J.P. Morgan SE and RBC Capital Markets, LLC |
| **ISIN:** | US676167CJ60 |
| **CUSIP:** | 676167 CJ6 |

---

------

<sup>1</sup> A security rating is not a recommendation to buy, sell or hold securities. Ratings are subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.

It is expected that delivery of the securities will be made against payment on or about March 1, 2023, which will be the fifth business day following the date of pricing of the securities (such settlement cycle being referred to as "T+5"). Trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the securities on any date prior to two business days before delivery will be required, by virtue of the fact that the securities initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers who wish to trade the securities on any date prior to two business days before delivery should consult their own advisors.

You can access the prospectus relating to the registration statement at the following website:

[https://www.sec.gov/Archives/edgar/data/202811/000119312521220261/d181747dposam.htm](http://www.sec.gov/Archives/edgar/data/202811/000119312521220261/d181747dposam.htm)

------

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC's Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by contacting BofA Securities Europe SA at +33(0) 1 8770 0000, Deutsche Bank Aktiengesellschaft toll-free at +1 800 503 4611, J.P. Morgan SE at +1-212-834-4533 or RBC Capital Markets, LLC toll-free at +1 866 375 6829.

**Notice by certain Underwriters to Distributors regarding MiFID II Product Governance Rules** 

Each of BofA Securities Europe SA, Deutsche Bank Aktiengesellschaft and J.P. Morgan SE, acting in their capacity as manufacturers of the Notes (in such capacity, the "Manufacturers") within the meaning of Directive 2014/65/EU and implementing legislation (as amended, "MiFID II"), hereby informs prospective distributors for the purpose of the product governance rules under MiFID II that the target market assessment made by the Manufacturers in respect of the Notes in accordance with the product governance rules under MiFID II has led the Manufacturers to the conclusion that: (i) the target market for the Notes is eligible counterparties, professional clients and retail clients, each as defined in MiFID II; and (ii) all channels for distribution of the Notes are appropriate. Any distributor should take into consideration the Manufacturers' target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the Manufacturers' target market assessment), determining appropriate distribution channels and performing the suitability and appropriateness assessment with respect to each client.