Obbligazione BPCe 0.75% ( FR0012454437 ) in EUR

Emittente BPCe
Prezzo di mercato 100 EUR  ⇌ 
Paese  Francia
Codice isin  FR0012454437 ( in EUR )
Tasso d'interesse 0.75% per anno ( pagato 1 volta l'anno)
Scadenza 22/01/2020 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione BPCE FR0012454437 in EUR 0.75%, scaduta


Importo minimo 100 000 EUR
Importo totale 1 000 000 000 EUR
Descrizione dettagliata BPCE è un gruppo bancario francese di primaria importanza, secondo gruppo bancario del paese per numero di clienti, risultante dalla fusione di diverse banche popolari e cooperative di credito.

Analisi Retrospectiva dell'Obbligazione BPCE (ISIN: FR0012454437) Il presente articolo offre un'analisi dettagliata di un'emissione obbligazionaria giunta a scadenza, identificata dal codice ISIN FR0012454437 e emessa dal Gruppo BPCE. **L'Emittente: BPCE** BPCE (Banque Populaire Caisse d'Epargne) è il secondo gruppo bancario francese per dimensione, nato dalla fusione tra Banque Populaire e Caisse d'Epargne. Opera in tutti i segmenti dell'attività bancaria e assicurativa, dai servizi bancari al dettaglio alla gestione patrimoniale, dai servizi bancari per le imprese all'investment banking. La sua solida posizione sul mercato, la diversificazione delle attività e la vasta rete di filiali in Francia e all'estero, lo rendono un emittente di riferimento nel panorama finanziario europeo, con rating generalmente solidi da parte delle principali agenzie di valutazione. **Caratteristiche dell'Obbligazione (al momento della sua operatività):** L'obbligazione in questione, classificata come titolo di debito a reddito fisso, presentava le seguenti caratteristiche prima della sua estinzione: * **Tipo di Strumento:** Obbligazione ordinaria. * **Codice ISIN:** FR0012454437. * **Emittente:** BPCE. * **Paese di Emissione:** Francia, indicando che l'emissione rientrava sotto la giurisdizione e la regolamentazione francese. * **Prezzo di Mercato al Rimborso:** 100% (alla pari), confermando che il titolo è stato rimborsato al suo valore nominale alla scadenza. * **Valuta di Denominazione:** Euro (EUR), la valuta comune dell'Eurozona, facilitando l'investimento per operatori all'interno di quest'area. * **Tasso d'Interesse (Cedola):** 0.75% annuo fisso. Questo tasso predefinito garantiva un flusso di reddito stabile per tutta la durata dell'investimento. * **Dimensione Totale dell'Emissione:** 1.000.000.000 EUR (un miliardo di Euro), evidenziando un'emissione di notevole entità, tipica di grandi istituzioni finanziarie. * **Taglio Minimo di Sottoscrizione/Acquisto:** 100.000 EUR, rendendola un'obbligazione adatta principalmente a investitori istituzionali o con portafogli significativi, piuttosto che al singolo investitore al dettaglio. * **Data di Scadenza (Maturity):** 22 gennaio 2020. Questa data segnava la fine del periodo di vita dell'obbligazione, a cui seguiva il rimborso del capitale. * **Frequenza dei Pagamenti:** Annuale (1 volta all'anno), significava che gli interessi venivano corrisposti una volta ogni dodici mesi. **Stato Attuale dell'Obbligazione:** È fondamentale notare che questa obbligazione è giunta a naturale scadenza il 22 gennaio 2020 ed è stata regolarmente rimborsata ai portatori, concludendo il suo ciclo di vita finanziario. Le informazioni sopra riportate descrivono quindi le sue caratteristiche passate, non essendo più un titolo negoziabile sul mercato.









Final Terms dated 20 January 2015


BPCE
Euro 40,000,000,000
Euro Medium Term Note Programme
for the issue of Notes




SERIES NO: 2015-05
TRANCHE NO: 1

Euro 1,000,000,000 0.75 per cent. Notes due January 2020 (the "Notes")
issued by BPCE

Sole Bookrunner and Joint Lead Manager
NATIXIS

Joint Lead Managers
CAIXABANK, S.A.
CIBC WORLD MARKETS PLC

Co-Lead Managers
BANKINTER, S.A.
DEKABANK DEUTSCHE GIROZENTRALE
DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK, FRANKFURT AM MAIN
HSH NORDBANK AG
LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE
SWEDBANK AB (PUBL)






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 20 November 2014 which received visa n°14-610 from the Autorité des marchés
financiers (the "AMF") on 20 November 2014 which constitutes a base prospectus for the purposes of the
Prospectus Directive (Directive 2003/71/EC), as amended (the "Prospectus Directive").
This document constitutes the Final Terms of the Notes described herein 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 is 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:
2015-05
(ii)
Tranche Number:
1
(iii)
Date on which the Notes become

fungible:
Not Applicable
3. Specified Currency or Currencies:
Euro
4. Aggregate Nominal Amount:

(i)
Series:
Euro 1,000,000,000
(ii)
Tranche:
Euro 1,000,000,000
5. Issue Price:
99.707 per cent. of the Aggregate Nominal Amount
6. Specified Denomination(s):
Euro 100,000
7. (i)
Issue Date:
22 January 2015

(ii)
Interest Commencement Date:
22 January 2015
8. Interest Basis:
0.75 per cent. Fixed Rate
(further particulars specified below)
9. Maturity Date:
22 January 2020
10. Redemption Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the Maturity
Date at 100.00 per cent. of their nominal amount
11. Change of Interest Basis:
Not Applicable
12. Put/Call Options:
Not Applicable
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13. (i)
Status of the Notes:
Unsubordinated Notes
(ii) Dates of the corporate authorisations Decision of the Directoire of the Issuer dated
for issuance of Notes obtained:
28 April 2014 and decision of Mr. Jean-Philippe Berthaut,
Head of Group Funding, dated 14 January 2015
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14. Fixed Rate Note Provisions
Applicable
(i)
Rate of Interest:
0.75 per cent. per annum payable in arrear on each Interest
Payment Date
(ii) Interest Payment Date(s):
22 January in each year commencing on 22 January 2016
(iii) Fixed Coupon Amount:
Euro 750 per Note of Euro 100,000 Specified
Denomination
(iv) Broken Amount(s):
Not Applicable
(v)
Day Count Fraction:
Actual/Actual (ICMA)
(vi) Determination Dates:
22 January in each year
(vii) 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. Final Redemption Amount of each Note:
Euro 100,000 per Note of Euro 100,000 Specified
Denomination
Inflation Linked Notes ­ Provisions relating
to the Final Redemption Amount:
Not Applicable
21. Early Redemption Amount

(i)
Early Redemption Amount(s) of each Euro 100,000 per Note of Euro 100,000 Specified
Note payable on redemption for Denomination
taxation reasons (Condition 6(g)), for
illegality (Condition 6(j)) or on event
of default (Condition 9):
(ii)
Redemption for taxation reasons
permitted on days others than Interest
Payment Dates (Condition 6(g)):
Yes

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(iii) Unmatured Coupons to become void
upon early redemption (Materialised
Bearer Notes only) (Condition 7(f)):
Not Applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
22. 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
23. Financial Centre(s):
Not Applicable
24. Talons for future Coupons or Receipts to be
attached to Definitive Notes (and dates on
which such Talons mature):
Not Applicable
25. Details relating to Instalment Notes: amount
of each instalment, date on which each
payment is to be made:
Not Applicable
26. Redenomination provisions:
Not Applicable
27. Purchase in accordance with Articles L.213-

1 A and D.213-1 A of the French Code

monétaire et financier:
Applicable
28. Consolidation provisions:
Not Applicable
29. Masse:
Contractual Masse shall apply
Name and address of the Representative:
Mr. Sylvain THOMAZO
20, rue Victor Bart
78000 Versailles
France
Name and address of the alternate Representative:
Mrs. Sandrine D'HAUSSY
69, avenue Gambetta
94100 Saint Maur des Fosses
France
The Representative will receive a remuneration of
Euro 2,000 (excluding VAT) per year.


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RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of BPCE


Duly represented by : Jean-Philippe Berthaut, Head of Group Funding
4



PART B ­ OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING

(i)
Listing and Admission to
Application has been made by the Issuer (or on its behalf) for
trading:
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 admission to trading:
Euro 9,000
2.
RATINGS
The Notes to be issued are expected to be/have been rated:
Ratings:
S&P: A
Moody's: A2
Fitch: A
Each of S&P, Moody's and Fitch is established in the European
Union and registered under Regulation (EC) No 1060/2009, as
amended.
3.
NOTIFICATION
Not Applicable
4.
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.
5.
YIELD
Indication of yield:
0.810 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.
6.
OPERATIONAL INFORMATION
ISIN:
FR0012454437
Common Code:
117172767
Depositaries:

(i)
Euroclear France to act as
Central Depositary:
Yes


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(ii)
Common Depositary for
Euroclear and Clearstream
Luxembourg:
No
Any clearing system(s) other than
Euroclear
and
Clearstream,
Luxembourg and the relevant
identification number(s):
Not Applicable
Delivery:
Delivery against payment
Names and addresses of additional

Paying Agent(s) (if any):
Not Applicable
7.
DISTRIBUTION
(i)
Method of distribution:
Syndicated


(ii) If syndicated:

(A) Names of Managers:
Sole Bookrunner and Joint Lead Manager

NATIXIS
Joint Lead Managers
CaixaBank, S.A.
CIBC World Markets plc
Co-Lead Managers
Bankinter, S.A.
DekaBank Deutsche Girozentrale
DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt
am Main
HSH Nordbank AG
Landesbank Hessen-Thüringen Girozentrale
Swedbank AB (publ)
(B) Stabilising Manager(s) if
NATIXIS

any:
(iii) If non-syndicated, name of


Dealer:
Not Applicable
(iv) US Selling Restrictions


(Categories of potential

investors to which the Notes
Reg. S Compliance Category 2 applies to the Notes; TEFRA not
are offered):
applicable

6