Obligation BPCe 0.581% ( FR0013241130 ) en EUR

BPCe

100 % ▼

France

FR0013241130 ( en EUR )

0.581% par an ( paiement trimestriel )

06/03/2022 - Obligation échue

Prospectus brochure de l'obligation BPCE FR0013241130 en EUR 0.581%, échue

100 000 EUR

300 000 000 EUR

BPCE est un groupe bancaire coopératif français, deuxième acteur bancaire en France, composé notamment des réseaux bancaires Caisse d'Epargne et Banque Populaire.

L'Obligation émise par BPCe ( France ) , en EUR, avec le code ISIN FR0013241130, paye un coupon de 0.581% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 06/03/2022

Final Terms dated 5 April 2017

BPCE

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

SERIES NO: 2017-08
TRANCHE NO: 2
Issue of EUR 400,000,000 Floating Rate Senior Non-Preferred Notes due 9 March 2022
(the "Notes") to be assimilated (assimilées) and form a single series with the existing
EUR 300,000,000 Floating Rate Senior Non-Preferred Notes due 9 March 2022
issued on 9 March 2017

Lead Manager
Natixis

Co-Lead Managers
Banco Popular Español S.A.
Bankinter, S.A.
HSH Nordbank AG

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 December 2016 which received visa n°16-595 from the Autorité des
marchés financiers (the "AMF") on 21 December 2016 (the "Base Prospectus") and the supplements to the
Base Prospectus dated 16 February 2017, 2 March 2017 and 29 March 2017 which respectively received from
the AMF visa n°17-060, visa n°17-082 and visa n°17-118 on 16 February 2017, 2 March 2017 and
29 March 2017 (the "Supplements"), which together constitute a base prospectus for the purposes of
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 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 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:
2017-08
(ii)
Tranche Number:
2
(iii)
Date on which the Notes become
fungible:
The Notes will be assimilated (assimilées) and
form a single series with the existing Euro
300,000,000 Floating Rate Senior Non-
Preferred Notes due 9 March 2022 issued by
the Issuer on 9 March 2017 (the "Existing
Notes") as from the Issue Date of this Tranche.
3
Specified Currency or Currencies:
Euro
4
Aggregate Nominal Amount:

(i)
Series:
Euro 700,000,000
(ii)
Tranche:
Euro 400,000,000
5
Issue Price:
101.086 per cent. of the Aggregate Nominal
Amount of this Tranche plus an amount
corresponding to accrued interest at a rate of
0.058161 per cent. of such Aggregate Nominal
Amount for the period from, and including, 9
March 2017 to, but excluding, the Issue Date.
6
Specified Denomination(s):
Euro 100,000
7
(i)
Issue Date:
7 April 2017
(ii)
Interest Commencement Date:
9 March 2017
8
Interest Basis:
Three (3) month Euribor + 1.05 per cent.

Floating Rate (further particulars specified
below)

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9
Maturity Date:
9 March 2022
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 Non-Preferred Notes
(ii)
Dates of the corporate authorisations

for issuance of Notes obtained:
Decision of the Directoire of the Issuer dated
25 April 2016 and decision of Jean-Philippe
BERTHAUT, Head of Group Funding, dated
31 March 2017
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14
Fixed Rate Note Provisions
Not Applicable
15
Floating Rate Note Provisions
Applicable
(i)
Interest Period(s):
The period beginning on (and including) the
Interest Commencement Date and ending on
(but excluding) the First Interest Payment
Date and each successive period beginning on
(and including) a Specified Interest Payment
Date and ending on (but excluding) the next
succeeding Specified Interest Payment Date
(ii)
Specified Interest Payment Dates:
9 March, 9 June, 9 September, 9 December in
each year, subject to adjustment in accordance
with the Business Day Convention set out in
(iv) below
(iii)
First Interest Payment Date:
9 June 2017
(iv)
Business Day Convention:
Modified
Following
Business
Day
Convention
(v)
Interest Period Date:
Not Applicable
(vi)
Business Centre(s):
Paris, TARGET
(vii)
Manner in which the Rate(s) of Interest

is/are to be determined:
Screen Rate Determination
(viii)
Party responsible for calculating the

Rate(s) of Interest and/or Interest

Amount(s) (if not the Calculation

Agent):
Not Applicable
(ix)
Screen Rate Determination:

-
Reference Rate:
Three (3) month EURIBOR
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-
Interest Determination Date:
Two (2) TARGET Business Days prior to the
first day of each Interest Accrual Period

-
Relevant Screen Page:
Reuters EURIBOR01

-
Relevant Screen Page Time:
11.00 a.m. (Brussels time)

(x)
FBF Determination
Not Applicable

(xi)
ISDA Determination:
Not Applicable

(xii)
Margin(s):
+ 1.05 per cent. per annum

(xiii)
Minimum Rate of Interest:
Not Applicable

(xiv)
Maximum Rate of Interest:
Not Applicable

(xv)
Day Count Fraction:
Actual/360 (Adjusted)
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

Option:
Applicable
21
Final Redemption Amount of each Note
Euro 100,000 per Note of Euro 100,000
Specified Denomination
22
Inflation Linked Notes Provisions relating to

the Final Redemption Amount:
Not Applicable
23
Early Redemption Amount

(i)
Early Redemption Amount(s) of each
Senior Preferred Note payable on
redemption upon the occurrence of a
Withholding Tax Event (Condition
6(i)(i)), a Gross-Up Event (Condition
6(i)(ii)) or for illegality (Condition 6(l): Not Applicable
(ii)
Early Redemption Amount(s) of each
Senior Non-Preferred Note payable on
redemption upon the occurrence of an
MREL/TLAC Disqualification Event
(Condition 6(g)) or a Withholding Tax
Event (Condition 6(i)(i)):
Euro 100,000 per Note of Euro 100,000
Specified Denomination
(iii)
Early Redemption Amount(s) of each
Subordinated
Note
payable
on
redemption upon the occurrence of a
Capital Event (Condition 6(h), a
Withholding Tax Event (Condition
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6(i)(i) or a Tax Deductibility Event
(Condition 6(i)(iii)):
Not Applicable
(iv)
Early Redemption Amount(s) of each
Note payable on redemption upon the
occurrence of an Event of Default
(Condition 9):
Not Applicable
(v)
Redemption for taxation reasons
permitted on days others than Interest
Payment Dates (Condition 6(i)):
Yes
(vi)
Unmatured Coupons to become void
upon early redemption (Materialised
Bearer Notes only) (Condition 7(f)):
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):
France, TARGET
26
Talons for future Coupons or Receipts to be
attached to Definitive Notes (and dates on which
such Talons mature):
No
27
Details relating to Instalment Notes: amount of
each instalment, date on which each payment is
to be made:
Not Applicable
28
Redenomination provisions:
Not Applicable
29
Purchase in accordance with Articles L.213-1 A
and D.213-1 A of the French Code monétaire et
financier:
Applicable
30
Consolidation provisions:
Not Applicable
31
Waiver of Set-Off:
Applicable
32
Masse:
Contractual Masse shall apply
Name and address of the Representative:
The initial Representative will be:
MCM AVOCAT, Selarl d'avocats
interbarreaux inscrite au Barreau de Paris
10, rue de Sèze

A33810145
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75009 Paris
France
Represented by Maître Antoine Lachenaud,
Co-gérant associé

Name and address of the alternate
Representative:
Maître Philippe Maisonneuve
Avocat
10, rue de Sèze
75009 Paris
France
The
Representative
will
receive
a
remuneration of Euro 2,000 (excluding VAT)
per year.

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

6

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.
The Existing Notes are already admitted to trading on
Euronext Paris.
(ii)
Estimate of total expenses
related to admission to
trading:
Euro 9,300 (including AMF fees)
2
RATINGS
Ratings:
The Notes to be issued are expected to be rated:
S & P: BBB+
Moody's: Baa3
Fitch: A
Each of S&P, Moody's and Fitch are 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
OPERATIONAL INFORMATION
ISIN:
FR0013241130
Common Code:
157569783
Depositaries:

(i)
Euroclear France to act as
Central Depositary:
Yes
(ii)
Common Depositary for
Euroclear
and
Clearstream:
No
Any clearing system(s) other than

Euroclear and Clearstream and the
relevant identification number(s):
Not Applicable
Delivery:
Delivery against payment
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Names and addresses of additional
Paying Agent(s) (if any):
Not Applicable
10
DISTRIBUTION

(i)
Method of distribution:
Syndicated

(ii)
If syndicated:

(A)
Names of Managers:
Lead Manager
Natixis
Co-Lead Managers
Banco Popular Español S.A.
Bankinter, S.A.
HSH Nordbank AG

(B)
Stabilising Manager(s) if

any:
Not Applicable

(iii)
If non-syndicated, name and
address of Dealer:
Not Applicable

(iv)
US
Selling
Restrictions
(Categories
of
potential
investors to which the Notes
are offered):
Reg. S Compliance Category 2 applies to the Notes; TEFRA
not applicable

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8