Bond BPCe 0.25% ( FR0013516390 ) in EUR

BPCe

100 % ⇌

France

FR0013516390 ( in EUR )

0.25% per year ( payment 1 time a year)

09/06/2023 - Bond has expired

Prospectus brochure of the bond BPCE FR0013516390 in EUR 0.25%, expired

BPCE is a French banking group formed by the merger of several regional banking networks, primarily operating through its two main subsidiaries, Banque Populaire and Caisse d'Epargne.

The Bond issued by BPCe ( France ) , in EUR, with the ISIN code FR0013516390, pays a coupon of 0.25% per year.
The coupons are paid 1 time per year and the Bond maturity is 09/06/2023

MIFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ELIGIBLE
COUNTERPARTIES ONLY TARGET MARKET Solely for the purposes of each manufacturer's
product approval process, the target market assessment in respect of the Notes, taking into account the five
categories referred to in item 18 of the Guidelines published by ESMA on 5 February 2018, has led to the
conclusion that: (i) the target market for the Notes is eligible counterparties and professional clients only,
each as defined in Directive 2014/65/EU, as amended ("MiFID II"); and (ii) all channels for distribution of
the Notes to eligible counterparties and professional clients are appropriate. Any person subsequently
offering, selling or recommending the Notes (a "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) and determining appropriate distribution channels.
A33077306

Final Terms dated 5 June 2020
BPCE
Legal Entity Identifier (LEI): 9695005MSX1OYEMGDF46
Euro 40,000,000,000
Euro Medium Term Note Programme
for the issue of Notes
SERIES NO: 2020-23
TRANCHE NO: 1
EUR 50,000,000 0.250 per cent. Senior Preferred Notes due 9 June 2023 (the "Notes")
Dealer
DekaBank Deutsche Girozentrale
A33077306

PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the conditions (the "Conditions")
set forth in the base prospectus dated 21 November 2019 which received approval number n°19-539 from the
Autorité des marchés financiers (the "AMF") on 21 November 2019 (the "Base Prospectus") and the first
supplement to the Base Prospectus dated 18 February 2020 which received approval number n°20-044 from
the AMF, the second supplement to the Base Prospectus dated 3 April 2020 which received approval number
n°20-116 from the AMF, the third supplement to the Base Prospectus dated 24 April 2020 which received
approval number n°20-156 from the AMF and the fourth supplement to the Base Prospectus dated 3 June
2020 which received approval number n°20-236 from the AMF (together, the "Supplements"), which
together constitute a base prospectus for the purposes of Regulation (EU) 2017/1129 (the "Prospectus
Regulation").This document constitutes the Final Terms of the Notes described herein for the purposes of
the Prospectus Regulation and must be read in conjunction with such Base Prospectus as so supplemented in
order to obtain all the relevant information. The Base Prospectus and the Supplements are available for
viewing at the office of the Fiscal Agent or each of the Paying Agents and on the website of the AMF
(www.amf-france.org) and copies may be obtained from BPCE, 50 avenue Pierre Mendès-France, 75013
Paris, France.
1
Issuer:
BPCE
2
(i)
Series Number:
2020-23
(ii)
Tranche Number:
1
3
Specified Currency or Currencies:
Euro ("EUR")
4
Aggregate Nominal Amount:
(i)
Series:
EUR 50,000,000
(ii)
Tranche:
EUR 50,000,000
5
Issue Price:
99.904 per cent. of the Aggregate Nominal Amount
6
Specified Denomination(s):
EUR 100,000
7
(i)
Issue Date:
9 June 2020
(ii)
Interest Commencement Date:
Issue Date
8
Interest Basis:
0.25 per cent. Fixed Rate
(further particulars specified below)
9
Maturity Date:
9 June 2023
10
Redemption Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100 per cent. of their nominal amount
11
Change of Interest Basis:
Not Applicable
12
Put/Call Options:
Not Applicable
13
(i)
Status of the Notes:
Senior Preferred Notes
(ii)
Dates of the corporate authorisations
Decision of the Directoire of the Issuer dated 24 March
for issuance of Notes obtained:
2020 and decision of Mr. Jean-Philippe Berthaut,
Responsable Emissions Groupe of the Issuer dated 29
May 2020
A33077306

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14
Fixed Rate Note Provisions
Applicable
(i)
Rate of Interest:
0.250 per cent. per annum payable in arrear on each
Interest Payment Date
(ii)
Interest Payment Date(s):
9 June in each year commencing on 9 June 2021 up to
and including the Maturity Date
(iii) Fixed Coupon Amount(s):
EUR 250 per Note of EUR 100,000 Specified
Denomination
(iv) Broken Amount(s):
Not Applicable
(v)
Day Count Fraction:
Actual/Actual (ICMA), Unadjusted
(vi) Resettable:
Not Applicable
(vii) Determination Dates:
9 June in each year
(viii) Payments on Non-Business Days
As per Conditions
15
Floating Rate Note Provisions
Not Applicable
16
Zero Coupon Note Provisions
Not Applicable
17
Inflation Linked Interest Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
18
Call Option
Not Applicable
19
Put Option
Not Applicable
20
MREL/TLAC Disqualification Event Call
Applicable
Option:
21
Final Redemption Amount of each Note
EUR 100,000 per Note of EUR 100,000 Specified
Denomination
22
Inflation Linked Notes Provisions relating
Not Applicable
to the Final Redemption Amount:
23
Early Redemption Amount
(i)
Early Redemption Amount(s) of each
EUR 100,000 per Note of EUR 100,000 Specified
Senior Note payable on redemption
Denomination
upon
the
occurrence
of
an
MREL/TLAC Disqualification Event
(Condition
6(g)),
if
applicable,
a
Withholding Tax Event (Condition
6(i)(i)), a Gross-Up Event (Condition
6(i)(ii)) or for Illegality (Condition
6(l)):
(ii)
Early Redemption Amount(s) of each
Not Applicable
Subordinated
Note
payable
on
redemption upon the occurrence of a
Capital
Event
(Condition
6(h),
a
A33077306

Withholding Tax Event (Condition
6(i)(i), a Gross-Up Event (Condition
6(i)(ii)) or a Tax Deductibility Event
(Condition 6(i)(iii)):
(iii) Redemption
for
taxation
reasons
Yes
permitted on days others than Interest
Payment Dates (Condition 6(i)):
(iv) Unmatured Coupons to become void
Not Applicable
upon early redemption (Materialised
Bearer Notes only) (Condition 7(f)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
24
Form of Notes:
Dematerialised Notes
(i)
Form of Dematerialised Notes:
Bearer form (au porteur)
(ii)
Registration Agent:
Not Applicable
(iii) Temporary Global Certificate:
Not Applicable
(iv) Applicable TEFRA exemption:
Not Applicable
25
Financial Centre(s):
Not Applicable
26
Talons for future Coupons or Receipts to be
Not Applicable
attached to Definitive Notes (and dates on
which such Talons mature):
27
Details relating to Instalment Notes: amount
Not Applicable
of each instalment, date on which each
payment is to be made:
28
Redenomination provisions:
Not Applicable
29
Purchase in accordance with applicable
Applicable
French laws and regulations:
30
Consolidation provisions:
Not Applicable
31
Meeting and Voting Provisions
Contractual Masse shall apply
(Condition 11):
Name and address of the initial Representative:
As per Condition 11(c)
Name and address of the alternate Representative:
As per Condition 11(c)
The Representative will receive a remuneration of
EUR 2,000 (excluding VAT) per year so long as any of
the Notes remains outstanding.
A33077306

RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of BPCE
Duly represented by:
............................................
Jean-Philippe BERTHAUT, Responsable Emissions Groupe
A33077306

PART B OTHER INFORMATION
1
LISTING AND ADMISSION TO TRADING
(i)
Listing and Admission to trading
Application has been made by the Issuer (or on its
behalf) for the Notes to be listed and admitted to trading
on Euronext Paris with effect from the Issue Date.
(ii)
Estimate of total expenses related to
EUR 2,800
admission to trading:
2
RATINGS
Ratings:
The Notes to be issued have been rated:
S&P: A+
S&P is established in the European Union and registered
under Regulation (EC) No 1060/2009, as amended.
3
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in "Subscription and Sale", so far as the Issuer is aware, no person involved in the
offer of the Notes has an interest material to the offer.
4
FIXED RATE NOTES AND RESETTABLE NOTES ONLY YIELD
Indication of yield:
0.282 per cent. per annum
The yield is calculated at the Issue Date on the basis of
the Issue Price. It is not an indication of future yield.
5
OPERATIONAL INFORMATION
ISIN:
FR0013516390
Common Code:
218389171
Depositaries:
(i)
Euroclear France to act as Central
Yes
Depositary:
(ii)
Common Depositary for Euroclear and
No
Clearstream:
Any clearing system(s) other than Euroclear
Not Applicable
and Clearstream and the relevant
identification number(s):
Delivery:
Delivery against payment
Names and addresses of additional Paying
Not Applicable
Agent(s) (if any):
6
DISTRIBUTION
(i)
Method of distribution:
Non-syndicated
(ii)
If syndicated:
(a)
Names of Managers:
Not Applicable
(b)
Stabilising Manager(s) if any:
Not Applicable
A33077306

(iii) If non-syndicated, name and address of
DekaBank Deutsche Girozentrale
Dealer:
Mainzer Landstrasse 16
60325 Frankfurt am Main
Germany
(iv) Prohibition of Sales to EEA Retail
Not Applicable
Investors:
(v)
US Selling Restrictions
Reg. S Compliance Category 2 applies to the Notes;
(Categories of potential investors to
TEFRA not applicable
which the Notes are offered):
A33077306