Obligation Groupe BPCE 1.62% ( FR0013270832 ) en EUR

Groupe BPCE

100 % ⇌

France

FR0013270832 ( en EUR )

1.62% par an ( paiement annuel )

27/07/2032

Prospectus brochure de l'obligation BPCE FR0013270832 en EUR 1.62%, échéance 27/07/2032

100 000 EUR

25 000 000 EUR

27/07/2026 ( Dans 123 jours )

Deuxième groupe bancaire en France, regroupant les réseaux Banque Populaire et Caisse d'Épargne.

L'Obligation émise par Groupe BPCE ( France ) , en EUR, avec le code ISIN FR0013270832, paye un coupon de 1.62% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 27/07/2032

Final Terms dated 25 July 2017

BPCE

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

SERIES NO: 2017-34
TRANCHE NO: 1
Issue of EUR 25,000,000 1.620 per cent. Fixed Rate Notes due 27 July 2032 (the "Notes")

Dealer
UBS Limited

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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"), as supplemented by the
Supplements dated 16 February 2017, 2 March 2017, 29 March 2017 and 18 May 2017 which received from the
AMF visa n°17-060, n°17-082, n°17-118 and n°17-206 on 16 February 2017, 2 March 2017, 29 March 2017 and
18 May 2017 (the "Base Prospectus Supplements"), which together constitute a base prospectus for the purposes
of 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 Supplement(s) 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:
2017-34
(ii)
Tranche Number:
1
3. Specified Currency or Currencies:
Euro ( "EUR")
4. Aggregate Nominal Amount:

(i)
Series:
EUR 25,000,000
(ii)
Tranche:
EUR 25,000,000
5. Issue Price:
100 per cent. of the Aggregate Nominal Amount
6. Specified Denomination(s):
EUR 100,000
7.
(i) Issue Date:
27 July 2017

(ii) Interest Commencement Date:
Issue Date
8. Interest Basis:
1.620 per cent. per annum Fixed Rate
(further particulars specified below)
9. Maturity Date:
27 July 2032
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
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13. (i) Status of the Notes:
Senior Preferred Notes
(ii) Dates of the corporate authorisations Decision of the Directoire of the Issuer dated 18 April
for issuance of Notes obtained:
2017 and decision of Mr. Jean-Philippe Berthaut, Head of
Group Funding, dated 18 July 2017.
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14. Fixed Rate Note Provisions
Applicable
(i)
Rate of Interest:
1.620 per cent. per annum payable annually in arrear on
each Interest Payment Date
(ii) Resettable:
Not Applicable
(iii) Interest Payment Date(s):
27 July in each year from and including 27 July 2018 up to
and including the Maturity Date
(iv) Fixed Coupon Amount:
EUR 1,620 per Note of EUR 100,000 Specified
Denomination
(v) Broken Amount(s):
Not Applicable
(vi) Day Count Fraction:
Actual/Actual (ICMA)
(vii) Determination Dates:
27 July 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
Option:
Not Applicable
21. Final Redemption Amount of each Note
EUR 100,000 per Note of EUR 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 EUR 100,000 per Note of EUR 100,000 Specified
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6(l):
Denomination
(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)):
Not Applicable
(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
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 EUR 100,000 per Notes of EUR 100,000 Specified
(Condition 9):
Denomination
(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):
TARGET2
26. Talons for future Coupons or Receipts to be
attached to Definitive Notes (and dates on
which such Talons mature):
Not Applicable
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 Article L.213-1 Applicable
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A and D.213-1 A of the French Code
monétaire et financier:
30. Consolidation provisions:
Not Applicable
31. Waiver of Set-Off :
Applicable
32. Masse:
Contractual Masse shall apply
Name and address of the Representative:
MCM AVOCAT, Selarl d'avocats interbarreaux inscrite au
Barreau de Paris
10, rue de Sèze
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 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
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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 EUR 9,100
to admission to trading:

2.
RATINGS
Ratings:
Not Applicable

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.
YIELD
Indication of yield:
1.62 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:
FR0013270832
Common Code:
165185552
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
Names and addresses of additional

Paying Agent(s) (if any):
Not Applicable

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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

(iii) If non-syndicated, name and
UBS Limited
address of Dealer:
5 Broadgate
London EC2M 2QS
United Kingdom

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

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