Obligation La Poste Banque 0.75% ( FR00140044X1 ) en EUR

La Poste Banque

86.89 % ▼

France

FR00140044X1 ( en EUR )

0.75% par an ( paiement annuel )

22/06/2031

Prospectus brochure de l'obligation La Banque Postale FR00140044X1 en EUR 0.75%, échéance 22/06/2031

23/06/2026 ( Dans 191 jours )

La Banque Postale est une banque de détail française, filiale du Groupe La Poste, proposant des services bancaires et d'assurance aux particuliers et aux professionnels.

L'Obligation émise par La Poste Banque ( France ) , en EUR, avec le code ISIN FR00140044X1, paye un coupon de 0.75% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 22/06/2031

PROHIBITION OF SALES TO EEA RETAIL INVESTORS - The Notes are not intended to be offered,
sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail
investor in the European Economic Area ("EEA"). For these purposes, a retail investor means a person who is
one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended,
"MiFID II"); or (ii) a customer within the meaning of Directive 2016/97/EU, as amended, where that customer
would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a
qualified investor as defined in Regulation (EU) 2017/1129, as amended (the "Prospectus Regulation").
Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the
"PRIIPs Regulation") for offering or selling the Notes or otherwise making them available to retail investors
in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available
to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
PROHIBITION OF SALES TO UK RETAIL INVESTORS - The Notes are not intended to be offered, sold
or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor
in the United Kingdom ("UK"). For these purposes, a retail investor means a person who is one (or more) of:
(i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("EUWA"); or (ii) a customer within the meaning
of the provisions of the Financial Services and Markets Act 2000, as amended (the "FSMA") and any rules or
regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify
as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part
of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of Regulation
(EU) 2017/1129 as it forms part of domestic law by virtue of the EUWA. Consequently, no key information
document required by Regulation (EU) No 1286/2014 as it forms part of domestic law by virtue of the EUWA
(the "UK PRIIPs Regulation") for offering or selling the Notes or otherwise making them available to retail
investors in the UK has been prepared and therefore offering or selling the Notes or otherwise making them
available to any retail investor in the UK may be unlawful under the UK PRIIPs Regulation.
MiFID II product governance / Professional investors and ECPs only target market Solely for the
purposes of each manufacturer's product approval process, the target market assessment in respect of the Notes,
taking into account the five categories referred to in item 18 of the Guidelines published by ESMA on 5
February 2018, has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and
professional clients only, each as defined in MiFID II; and (ii) all channels for distribution of the Notes to
eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take into consideration the manufacturers' target market
assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market
assessment in respect of the Notes (by either adopting or refining the manufacturers' target market assessment)
and determining appropriate distribution channels.

Final Terms dated 21 June 2021

La Banque Postale
Legal entity identifier (LEI): 96950066U5XAAIRCPA78
Issue of EUR 750,000,000 0.750 per cent. Senior Non Preferred Notes due 23 June 2031
under the
20,000,000,000 Euro Medium Term Note Programme
of La Banque Postale

SERIES NO: 114
TRANCHE NO: 1

Sole Social Bond Structuring Advisor
Crédit Agricole CIB

Joint Lead Managers
Crédit Agricole CIB
ING
La Banque Postale
Landesbank Baden-Württemberg
NatWest Markets
UniCredit Bank

PART 1 CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions and the Technical
Annex set forth in the Base Prospectus dated 31 March 2021 which received approval number 21-091 from the
Autorité des marchés financiers (the "AMF") on 31 March 2021, which constitutes a base prospectus for the
purposes of Regulation (EU) 2017/1129, as amended (the "Prospectus Regulation"). This document
constitutes the Final Terms of the Notes described herein for the purposes of the Prospectus Regulation and
must be read in conjunction with such Base Prospectus in order to obtain all the relevant information. The Base
Prospectus is available for viewing free of charge on the website of the AMF "(www. amf-france.org)" and on
the website of the Issuer "(www.labanquepostale.com)".
1
Issuer:
La Banque Postale
2
(i)
Series Number:
114
(ii) Tranche Number:
1
3
Specified Currency or Currencies:
Euro ("EUR")
4
Aggregate Principal Amount of Notes
admitted to trading:

(i)
Series:
EUR 750,000,000
(ii) Tranche:
EUR 750,000,000
5
Issue Price:
99.598 per cent. of the Aggregate Principal Amount
6
Specified Denomination(s):
EUR 100,000
7
(i)
Issue Date:
23 June 2021
(ii) Interest Commencement Date:
Issue Date
8
Maturity Date:
23 June 2031
9
Interest Basis/Rate of Interest:
0.750 per cent. Fixed Rate
(further particulars specified below)
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 Non Preferred
(ii) Date of corporate authorisations for the Decision of Stéphane MAGNAN in his capacity as
issuance of Notes obtained:
Directeur de la Banque de Financement et
d'Investissement of the Issuer dated 16 June 2021
deciding the issue of the Notes.
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14 Fixed Rate Note and Resettable Rate Note
Provisions
Applicable
(a) Fixed Rate Note Provisions:
Applicable
(i)
Rate of Interest:
0.750 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
23 June in each year commencing on 23 June 2022
and ending on the Maturity Date
3

(iii) Fixed Coupon Amount:
EUR 750 per EUR 100,000 in Aggregate Principal
Amount
(iv) Broken Amount:
Not Applicable
(v) Day Count Fraction (Condition 5(a)):
Actual/Actual-ICMA
(vi) Determination Date(s):
23 June in each year
(b) Resettable Rate Note Provisions:
Not Applicable
15 Floating Rate Note Provisions:
Not applicable
16 Zero Coupon Note Provisions:
Not Applicable
17 Inflation Linked Notes:
Not Applicable
18 Interest linked to a formula:
Not Applicable
19 Index Linked Notes (single index):
Not Applicable
20 Index Linked Notes (basket of indices):
Not Applicable
PROVISIONS RELATING TO REDEMPTION
21 Issuer Call Option:
Not Applicable
22 Noteholder Put Option:
Not Applicable
23 Final Redemption Amount of each Note:
EUR 100,000 per Note of EUR 100,000 Specified
Denomination

Inflation Linked Notes Provisions
relating to the Final Redemption
Amount (Condition 6(g)):
Not Applicable

Index Linked Redemption Amount:
Not Applicable
24 Early Redemption Amount:
In accordance with the Conditions
GENERAL PROVISIONS APPLICABLE TO THE NOTES
25 Form of Notes:
Dematerialised Notes

(i)
Form of Dematerialised Notes:
Bearer dematerialised form (au porteur)

(ii) Registration Agent:
Not Applicable

(iii) Temporary Global Certificate:
Not Applicable
26 Financial Centre(s) or other special
provisions relating to payments dates:
Not Applicable
27 Talons for future Coupons to be attached to
Definitive Notes (and dates on which such
Talons mature):
Not Applicable
28 Redenomination,
renominalisation and
reconventioning provisions:
Not Applicable
29 Masse (Condition 11):
Name and address of the Representative:

DIIS GROUP
12, rue Vivienne
75002 Paris
France
E-mail: [email protected]
Represented by Sylvain Thomazo
4

Name and address of the alternate Representative:
DIIS GROUP
12, rue Vivienne
75002 Paris
France
E-mail: [email protected]
Represented by Sandrine d'Haussy
The Representative will receive a remuneration of
EUR 450 (excluding taxes) per year for the entire
Series referred to herein in respect of its functions.
PURPOSE OF FINAL TERMS
These Final Terms comprise the final terms required for issue and admission to trading on Euronext Paris of
the Notes described herein pursuant to the 20,000,000,000 Euro Medium Term Notes Programme of the
Issuer.
RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.

Signed on behalf of the Issuer
By: DOMINIQUE HECKEL
Duly authorised

5

PART 2 OTHER INFORMATION
1
LISTING AND ADMISSION TO TRADING

(i)
Listing:
Euronext Paris

(ii) Admission to trading:
Application has been made for the Notes to be
admitted to trading on Euronext Paris with effect
from the Issue Date.

(iii) Estimate of total expenses related to
admission to trading:
EUR 8,500

(iv) Additional publication of Base Prospectus
and Final Terms:
Not Applicable
2
RATINGS AND EURO EQUIVALENT

Ratings:
The Notes to be issued have been rated BBB by S&P Global Ratings Europe Limited ("S&P") and A
by Fitch Ratings Ireland Limited ("Fitch").

Each of S&P and Fitch is established in the European Union and is registered under Regulation (EC)
No 1060/2009 (as amended) (the "CRA Regulation"). Each of S&P and Fitch is included in the list
of registered credit rating agencies published by the European Securities and Markets Authority on
its website (https://www.esma.europa.eu/supervision/credit-rating-agencies/risk) in accordance with
the CRA Regulation.
According to S&P's definitions, an obligation rated 'BBB' exhibits adequate protection parameters.
However, adverse economic conditions or changing circumstances are more likely to weaken the
obligor's capacity to meet its financial commitments on the obligation.
According to Fitch's definitions, `A' ratings denote expectations of low default risk. The capacity for
payment of financial commitments is considered strong. This capacity may, nevertheless, be more
vulnerable to adverse business or economic conditions than is the case for higher ratings.

Euro equivalent:
Not Applicable
3
NOTIFICATION

Not Applicable

4
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save as discussed in "Subscription and Sale" in the Base Prospectus and save for any fees payable to
the Joint Lead Managers in connection with the issue of Notes, so far as the Issuer is aware, no person
involved in the offer of the Notes has an interest material to the offer.
5
REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDS

(i)
Reasons for the offer:
The Notes constitute "Social Notes" and the net
proceeds will be used to finance and/or refinance,
in whole or in part, one or more of the projects
included in the Eligible Loan Portfolio described
in the Green, Social & Sustainability Bond
Framework (as amended and supplemented from
time to time) (the "Framework") available on the
Issuer's
website
(www.labanquepostale.com/investor/debt), with
6

a specific focus on Affordable housing and
Access to essential services projects.
A second party opinion has been obtained from
the second party opinion provider Vigeo Eiris on
the Framework and is available on the Issuer's
website
(www.labanquepostale.com/investor/debt).

(ii) Estimated net proceeds:
EUR 744,735,000

(iii) Estimated total expenses:
Not Applicable
6
YIELD

Indication of yield:
0.792 per cent. per annum
7
DISTRIBUTION

(i)
Method of distribution:
Syndicated

(ii) If syndicated, names of Managers:
Joint Lead Managers
Crédit Agricole Corporate and Investment Bank
ING Bank N.V., Belgian Branch
La Banque Postale
Landesbank Baden-Württemberg
NatWest Markets N.V.
UniCredit Bank AG

(iii) Stabilising Manager (if any):
Crédit Agricole Corporate and Investment Bank

(iv) If non-syndicated, name of Dealer:
Not Applicable

(v) U.S. selling restrictions:
Regulation S Compliance Category 2; TEFRA
not applicable

(vi) Prohibition of Sales to EEA Retail
Investors:
Applicable

(vii) Prohibition of Sales to UK Retail Investors: Applicable
8
OPERATIONAL INFORMATION

(i)
ISIN:
FR00140044X1

(ii) Common Code:
235711796

(iii) Any clearing system(s) other than
Euroclear France and the relevant
identification number(s):
Not Applicable

(iv) Delivery:
Delivery against payment

(v) Names and addresses of initial Paying Principal Paying Agent
Agent(s):
BNP Paribas Securities Services
(affiliated with Euroclear France under number
29106)
9 rue du Débarcadère
93500 Pantin
France

(vi) Names and addresses of additional Paying
Agent(s) (if any):
Not Applicable
7

(vii) Name and address of the entities which
have a firm commitment to act as
intermediaries in secondary trading,
providing liquidity through bid and offer
rates and description of the main terms of
their commitment:
Not Applicable

(viii) Name and address of Calculation Agent:
BNP Paribas Securities Services
9 rue du Débarcadère
93500 Pantin
France

8