Obligation BPCe 4.35% ( FR0011116037 ) en EUR

Société émettrice BPCe
Prix sur le marché 100 %  ⇌ 
Pays  France
Code ISIN  FR0011116037 ( en EUR )
Coupon 4.35% par an ( paiement annuel )
Echéance 22/09/2021 - Obligation échue



Prospectus brochure de l'obligation BPCE FR0011116037 en EUR 4.35%, échue


Montant Minimal 100 000 EUR
Montant de l'émission 100 000 000 EUR
Description détaillée BPCE est un groupe bancaire coopératif français, deuxième acteur bancaire en France, composé notamment des réseaux bancaires Caisse d'Epargne et Banque Populaire.

**Analyse de la Maturité de l'Obligation BPCE FR0011116037 : Un Dénouement Conforme** L'obligation de type standard portant le code ISIN FR0011116037, émise par BPCE, a récemment achevé son cycle de vie, arrivant à maturité et étant intégralement remboursée conformément à ses termes originels. Cet instrument de dette, entièrement libellé en Euros (EUR), a représenté une émission d'une taille totale de 100 000 000 EUR, avec une taille minimale d'acquisition fixée à 100 000 EUR, ciblant ainsi principalement les investisseurs institutionnels ou qualifiés. L'émetteur de cet instrument est BPCE, l'un des principaux groupes bancaires français. Né de la fusion entre le Groupe Caisse d'Épargne et le Groupe Banque Populaire, BPCE se positionne comme le deuxième acteur bancaire en France, opérant à travers ses réseaux de banques de détail (Caisse d'Épargne et Banque Populaire), d'établissements spécialisés, et de filiales dans l'assurance et la gestion d'actifs (Natixis en étant un pilier). Sa présence étendue et sa structure mutualiste lui confèrent une base clientèle solide et une position systémique dans le paysage financier français, en tant qu'acteur majeur du financement de l'économie. Émise depuis la France, cette obligation offrait un taux d'intérêt fixe de 4.35%, versé annuellement (fréquence de paiement 1), procurant ainsi un rendement prévisible à ses porteurs. Sur le marché secondaire, l'obligation s'échangeait typiquement autour de 100% de sa valeur nominale avant sa date d'échéance, reflétant une valorisation stable et une perception de faible risque de crédit de l'émetteur. La date de maturité de cette obligation était fixée au 22 septembre 2021. Conformément à son calendrier prédéfini et aux engagements de BPCE, l'instrument a été intégralement remboursé à cette date, marquant la conclusion réussie de cette opération financière et la satisfaction des obligations de l'émetteur envers ses investisseurs.








Final Terms dated 21 September 2011

BPCE

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

SERIES NO: 2011-24
TRANCHE NO: 1

Issue of EUR 100,000,000 Fixed Rate Notes due 23 September 2021

UBS Limited
as Dealer


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 5 November 2010 which received visa n°10-387
from the Autorité des marchés financiers (the "AMF") on 5 November 2010 and the Base Prospectus
Supplements dated 16 November 2010, 14 December 2010, 3 March 2011, 14 April 2011, 17 May
2011 and 2 September 2011 which received visa n°10- 402, n°10-442, n°11-063, n°11-115, n°11-163
and n°11-382 respectively on 16 November 2010, 14 December 2010, 3 March 2011, 14 April 2011,
17 May 2011 and 2 September 2011 from the AMF which together constitute a base prospectus for
the purposes of the Prospectus Directive (Directive 2003/71/EC) (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 Base Prospectus 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:
2011-24
(ii)
Tranche Number:
1
3. Specified Currency or Currencies:
EURO ("EUR")
4. Aggregate Nominal Amount of Notes
admitted to trading:
(i)
Series:
EUR 100,000,000
(ii)
Tranche:
EUR 100,000,000
5. Issue Price:
100 per cent. of the Aggregate Nominal Amount
6. Specified Denomination(s):
EUR 100,000
7. (i)
Issue Date:
23 September 2011

(ii)
Interest Commencement
Issue Date
Date:
8. Interest Basis:
4.35 per cent. Fixed Rate
(further particulars specified in paragraph 15)
9. Maturity Date:
23 September 2021, subject to adjustment in accordance
with the Following Business Day Convention
10. Redemption/Payment Basis:
Redemption at par

11. Change of Interest or
Redemption/Payment Basis:
Not Applicable
12. Put/Call Options:
Not Applicable
13. (i) Status of the Notes:
Senior, Unsecured and Unsubordinated
(ii)
Dates
of
the
corporate Decision of the Directoire of the Issuer dated 27 June
authorisations for issuance of 2011 and of Mr. Alain DAVID, Directeur Financier
Notes obtained:
Executif, dated 09 september 2011.
14. Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15. Fixed Rate Note Provisions
Applicable
(i) Rate of Interest:
4.35 per cent. per annum
(ii) Interest Payment Date:
23 September in each year commencing 23 September
2012 and ending on the Maturity Date, subject to
adjustment in accordance with the Business Day
Convention


(iii) Fixed Coupon Amount:
EUR 4,350 per Specified Denomination
(iv) Broken Amount:
Not Applicable
(v) Day Count Fraction:
30/360
(vi) Determination Dates:
23 September in each year commencing 23 September
2012 and ending on the Maturity Date
(vii) Other terms relating to the method of Not Applicable
calculating interest for Fixed Rate Notes:
16. Floating Rate Note Provisions
Not Applicable
17. Zero Coupon Note Provisions
Not Applicable
18. Index-Linked
Interest
Note/other Not Applicable
variable-linked
interest
Note
Provisions
19. Dual Currency Note Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION
20. Call Option
Not Applicable
21. Put Option
Not Applicable

22. Final Redemption Amount of each EUR 100,000 per Specified Denomination
Note
23. Early Redemption Amount
Not Applicable
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) or other special
provisions relating to Payment Dates:
TARGET
26. Talons
for
future
Coupons
or
Receipts to be attached to Definitive
Notes (and dates on which such Not Applicable
Talons mature):
27. Details relating to Partly Paid Notes:
amount of each payment comprising


the Issue Price and date on which
each payment is to be made and
consequences (if any) of failure to Not Applicable
pay:
28. Details relating to Instalment Notes:
amount of each instalment, date on
which each payment is to be made:
Not Applicable
29. Redenomination,
renominalisation Not Applicable
and reconventioning provisions:
30. Consolidation provisions:
Not Applicable
31. Masse:
Applicable

The initial Representative will be:
BNP Paribas Securities Services
Global Corporate Trust
Les Grands Moulins de Pantin
9 rue du Débarcadère
93500 PANTIN
France
represented by Mr. Sylvain THOMAZO

The alternate Representative will be:
Sandrine D'HAUSSY
69 avenue Gambetta
94100 Saint Maur des Fossés
France

32. Other final terms:
Not Applicable

DISTRIBUTION

33. (i) If
syndicated,
names
of Not Applicable
Managers:
(ii) Stabilising Manager(s) (if any):
Not Applicable
(iii) Date of Subscription Agreement:
Not Applicable
34. If non-syndicated, name and address
of Dealer:
UBS Limited
1 Finsbury Avenue London EC2M 2PP
35. Additional selling restrictions:
Any Notes purchased by any person for resale may not
be offered in any jurisdiction in circumstances which
would result in the Issuer being obliged to register any
further documentation relating to this Product in such
jurisdiction.


Noteholders are advised to read the selling restrictions
described more fully in the Base Prospectus regarding the
Issuer's Programme for the Issuance of Debt Instruments.
36. Commission and concession:
Not Applicable
GENERAL

37. The aggregate principal amount of
Notes issued has been translated
into Euro at the rate of [·] producing a Not Applicable
sum of:

PURPOSE OF FINAL TERMS
These Final Terms comprise the final terms required for issue and admission to trading on Paris Stock
Exchange of the Notes described herein pursuant to the Euro 40,000,000,000 Euro Medium Term
Note Programme of BPCE.
RESPONSIBILITY
The Issuer accept responsibility for the information contained in these Final Terms.
Signed on behalf of BPCE S.A.:
Duly represented by:


Alain David, Directeur Financier Executif


PART B ­ OTHER INFORMATION

1
LISTING AND ADMISSION TO TRADING
(i) Listing:
Euronext Paris
(ii) Admission to trading:
Application has been made by the Issuer (or on its behalf)
for the Notes to be admitted to trading on Paris Stock
Exchange with effect from 23 September 2011
(iii) Estimate of total expenses
related to admission to trading:
EUR 5,350
(iv) Other regulated markets on Not Applicable
which, to the knowledge of the
Issuer, securities of the same
class of the Notes are already
admitted to trading:

2.
RATINGS

Ratings:
Not Applicable

3.
REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES*

(i) Reasons for the offer:
The net proceeds of the issue of the Unsubordinated Notes
will be used for the Issuer's general corporate purposes unless
otherwise specified in the relevant Final Terms.

4.
Fixed Rate Notes only ­ YIELD
Indication of yield:
4.35 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.
8.
OPERATIONAL INFORMATION
ISIN Code:
FR0011116037




Common Code:
067831446
Depositaries:

(i)
Euroclear France to act as
Central Depositary:
Yes
(ii)
Common Depositary for
Euroclear and Clearstream
Luxembourg:
No
Any clearing system(s) other than Not Applicable
Euroclear
and
Clearstream,
Luxembourg and the relevant
identification number(s):
Delivery:
Delivery free of payment
Names
and
addresses
of
additional Paying Agent(s) (if any):
Not Applicable