Obbligazione JONCTION 0.75% ( XS1401331753 ) in EUR

Emittente JONCTION
Prezzo di mercato 100 EUR  ▲ 
Paese  Francia
Codice isin  XS1401331753 ( in EUR )
Tasso d'interesse 0.75% per anno ( pagato 1 volta l'anno)
Scadenza 26/04/2024 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Carrefour XS1401331753 in EUR 0.75%, scaduta


Importo minimo 100 000 EUR
Importo totale 750 000 000 EUR
Descrizione dettagliata Carrefour è una multinazionale francese della grande distribuzione, annoverata tra i maggiori gruppi a livello mondiale, che gestisce ipermercati, supermercati e negozi di prossimità.

The Obbligazione issued by JONCTION ( France ) , in EUR, with the ISIN code XS1401331753, pays a coupon of 0.75% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 26/04/2024







Final Terms dated 22 April 2016
Carrefour
Issue of EUR 750,000,000 0.750 per cent. Notes due 26 April 2024 (the "Notes")
under the EUR 12,000,000,000
Euro Medium Term Note Programme
PART A ­ CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set
forth in the base prospectus dated 22 May 2015 (the "Base Prospectus") and the supplements to
the Base Prospectus dated 27 November 2015, 30 March 2016 and 19 April 2016 which together
constitute a base prospectus for the purposes of Directive 2003/71/EC as amended by Directive
2010/73/EU (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 as so supplemented. 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 as so supplemented. The Base Prospectus and the supplements to the Base
Prospectus are available for viewing at, and copies may be obtained from, BNP Paribas Securities
Services, Luxembourg Branch, and will be available on the Luxembourg Stock Exchange website
(www.bourse.lu).
1.
(i)
Series Number:
55
(ii)
Tranche Number:
1
(iii)
Date on which the Notes become fungible:
Not Applicable
2.
Specified Currency or Currencies:
Euro ("EUR")
3.
Aggregate Nominal Amount of Notes admitted to
trading:
(i)
Series:
EUR 750,000,000
(ii)
Tranche:
EUR 750,000,000
4.
Issue Price:
99.214 per cent. of the Aggregate
Nominal Amount
1


5.
(i)
Specified Denominations:
EUR 100,000 and integral multiples
of EUR 1,000 in excess thereof up to
and including EUR 199,000. No
Notes in definitive form will be issued
with a denomination above EUR
199,000.
(ii)
Calculation Amount
EUR 1,000
6.
(i)
Issue Date:
26 April 2016
(ii)
Interest Commencement Date:
Issue Date
7.
Maturity Date:
26 April 2024
8.
Interest Basis:
0.750 per cent. Fixed Rate
9.
Change of Interest Basis:
Condition 5(b) applies
10. Put/Call Options:
Redemption at the option of the
Issuer
Redemption of Residual Outstanding
Notes at the Option of the Issuer
Make-Whole redemption by the
Issuer
(further particulars specified below)
11. (i)
Status of the Notes:
Unsubordinated
(ii)
Date of Board approval for issuance of Notes
Decision of the Board of Directors
obtained:
(Conseil d'administration) of the
Issuer dated 29 July 2015 and
decision (décision d'émission) dated
19 April 2016 executed by Georges
Plassat, acting in his capacity as
Président-Directeur Général of the
Issuer.
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
12. Fixed Rate Note Provisions (Condition 5(a))
Applicable
(i)
Rate of Interest:
0.750 per cent. per annum payable
in arrear on each Interest Payment
Date
(ii)
Interest Payment Dates:
26 April in each year from and
including 26 April 2017 up to, and
including, the Maturity Date
(iii)
Fixed Coupon Amount:
EUR 7.50 per Calculation Amount
(iv)
Broken Amount:
Not Applicable
(v)
Day Count Fraction (Condition 5(i)):
Actual/Actual-ICMA
(vi)
Determination Dates (Condition 5(i)):
Interest Payment Date
2


(vii) Interest rate step up following Rate of Interest Applicable
Increase Event (Condition 5(b))
13. Floating Rate Note Provisions (Condition 5 (c))
Not Applicable
14. Zero Coupon Note Provisions
Not Applicable
(Conditions 3(d) and 6(b))
PROVISIONS RELATING TO REDEMPTION
15. Call Option (Condition 6(d))
Applicable
(i) Optional Redemption Date(s):
Any date from and including the date
falling 3 months before the Maturity
Date to and including the Maturity
Date
(ii) Optional Redemption Amount(s) of each Note:
EUR 1,000 per Calculation Amount
(iii) If redeemable in part:
(a) Minimum Redemption Amount:
Not Applicable
(b) Maximum Redemption Amount:
Not Applicable
(iv) Notice Period
As per Condition 6(d)
16. Redemption of Residual Outstanding Notes at
Applicable
the Option of the Issuer (Condition 6(e))
(i)
Minimum Percentage:
80 per cent.
(ii)
Notice period:
As per Conditions
17. Make-Whole Redemption by the Issuer
Applicable
(Condition 6(f))
(i) Make-Whole Redemption Amount(s) of each
As per Condition 6(f)
Note:
(ii) Reference Security:
2.25 per cent. French government
bond (FRTR) due May 2024 with
ISIN FR0011619436.
(iii) Reference Dealers:
Four banks (that may include the
Joint Lead Managers of the Notes),
selected by the Calculation Agent
which are primary European
government security dealers, and
their respective successors, or
market makers in pricing corporate
bond issues.
3


(iv) Similar Security:
Reference bond or reference bonds
issued by the French Government
having an actual or interpolated
maturity comparable with the
remaining term of the Notes that
would be utilised, at the time of
selection and in accordance with
customary financial practice, in
pricing new issues of corporate debt
securities of comparable maturity to
the remaining term of the Notes.
(v) Redemption Margin:
0.10 per cent.
18. Put Option (Condition 6(g))
Not Applicable
19. Early Redemption Amount
Early Redemption Amount per Calculation Amount
EUR 1,000 per Calculation Amount
payable on redemption for taxation reasons
(Condition 6(c)) or on event of default (Condition 10):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
20. Form of Notes:
Bearer Notes
Temporary
Global
Note
exchangeable for a Permanent
Global Note which is exchangeable
for Definitive Notes in the limited
circumstances specified in the
Permanent Global Note
21. New Global Note:
Yes
22. Financial Centre (Condition 7(h)):
As per the Conditions
23. Talons for future Coupons or Receipts to be attached No
to Definitive Notes (and dates on which such Talons
mature):
24. Details relating to Instalment Notes (Condition 6(a)):
Not Applicable
Signed on behalf of the Issuer:
By:
Duly authorised
4


PART B ­ OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING
(i)
Listing, Approval and
Application has been made by the Issuer (or on its behalf)
Admission to trading:
for the Notes issued under the Programme to be admitted
to trading on Luxembourg Stock Exchange's regulated
market with effect from 26 April 2016.
(ii)
Estimate of total
EUR 4,960
expenses related to
admission to trading:
2.
RATINGS
Ratings:
The Notes to be issued are expected to be rated:
S&P: BBB+
S&P is established in the European Union and has applied
for registration under Regulation (EC) No 1060/2009 as
amended by Regulation (EC) No 513/2011 (the "CRA
Regulation"), although notification of the corresponding
registration decision has not yet been provided by the
relevant competent authority.
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed for any fees payable to the Managers and Dealers, 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 only ­ YIELD
Indication of yield:
0.852 per cent. per annum
5.
OPERATIONAL INFORMATION
Intended to be held in a
Yes
manner which would allow
Note that the designation "yes" simply means that the
Eurosystem eligibility:
Notes are intended upon issue to be deposited with one of
the relevant Clearing Systems as common safekeeper and
does not necessarily mean that the Notes will be
recognised as eligible collateral for Eurosystem monetary
policy and intra-day credit operations by the Eurosystem
either upon issue or at any or all times during their life.
Such recognition will depend upon satisfaction of the
Eurosystem eligibility criteria.
ISIN:
XS1401331753
5


Common Code:
140133175
Any clearing system other
Not Applicable
than Euroclear Bank S.A./N.V.
and Clearstream Banking
Société Anonyme and the
relevant identification number:
Delivery:
Delivery against payment
Names and addresses of
Not Applicable
additional Paying Agent (if
any):
6.
DISTRIBUTION
(i)
Method of distribution
Syndicated
(ii)
If syndicated, names of
Banco Bilbao Vizcaya Argentaria, S.A.
Managers:
Banco Santander, S.A.
Crédit Agricole Corporate and Investment Bank
HSBC Bank plc
Natixis
RBC Europe Limited
(iii)
Date of Subscription
22 April 2016
Agreement:
(iv)
Stabilising Manager (if
Not Applicable
any):
(v)
If non-syndicated, name Not Applicable
and address of Dealer:
(vi)
Applicable TEFRA
TEFRA D Rules
Category:
6


Document Outline