Obligation La Poste Banque 1% ( FR00140087C4 ) en EUR

La Poste Banque

100 % ▲

France

FR00140087C4 ( en EUR )

1% par an ( paiement annuel )

09/02/2028

Prospectus brochure de l'obligation La Banque Postale FR00140087C4 en EUR 1%, échéance 09/02/2028

100 000 EUR

500 000 000 EUR

09/02/2026 ( Dans 268 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 FR00140087C4, paye un coupon de 1% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 09/02/2028

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.
UK MiFIR product governance / Professional investors and ECPs only target market Solely for the
purposes of the 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 (in accordance with the FCA's policy statement entitled "Brexit our approach to EU non-
legislative materials"), has led to the conclusion that: (i) the target market for the Notes is only eligible
counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook ("COBS"), and professional
clients, as defined in Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA
("UK MiFIR"); 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 manufacturer's target market assessment; however, a distributor subject to
the FCA Handbook Product Intervention and Product Governance Sourcebook (the "UK MiFIR Product
Governance Rules") is responsible for undertaking its own target market assessment in respect of the Notes
(by either adopting or refining the manufacturer's target market assessment) and determining appropriate
distribution channels.

Final Terms dated 7 February 2022

La Banque Postale
Legal entity identifier (LEI): 96950066U5XAAIRCPA78
Issue of EUR 500,000,000 Callable Fixed to Floating Rate Senior Non Preferred Notes due February 2028
under the
20,000,000,000 Euro Medium Term Note Programme
of La Banque Postale

SERIES NO: 121
TRANCHE NO: 1

Joint Lead Managers

Barclays
La Banque Postale
Morgan Stanley
Nomura
Santander Corporate & Investment Banking
Société Générale Corporate & Investment Banking

Co-Lead Managers

DekaBank
HELABA
NORD/LB

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 no. 21-091 from
the Autorité des marchés financiers (the "AMF") on 31 March 2021 and the first supplement to the Base
Prospectus dated 12 August 2021 which received approval number no. 21-359 from the AMF on 12 August
2021, the second supplement to the Base Prospectus dated 2 November 2021 which received approval number
no. 21-469 from the AMF on 2 November 2021 and the third supplement to the Base Prospectus dated 10
November 2021 which received approval number no. 21-484 from the AMF on 10 November 2021, which
together constitute 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 as so supplemented in order to obtain
all the relevant information. The Base Prospectus and the supplements are 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:
121
(ii) Tranche Number:
1
3
Specified Currency or Currencies:
Euro ("EUR")
4
Aggregate Principal Amount of Notes
admitted to trading:

(i) Series:
EUR 500,000,000
(ii) Tranche:
EUR 500,000,000
5
Issue Price:
99.733 per cent. of the Aggregate Principal Amount
6
Specified Denomination(s):
EUR 100,000
7
(i) Issue Date:
9 February 2022
(ii) Interest Commencement Date:
Issue Date
8
Maturity Date:
Interest Payment Date falling in or nearest to
February 2028
9
Interest Basis/Rate of Interest:
Fixed/Floating Rate
(further particulars specified below)
10 Redemption/Payment Basis:
Redemption at par
11 Change of Interest or Redemption/Payment Applicable
Basis:
The initial Interest Basis shall be Fixed Rate until the
Optional Redemption Date (excluded)
The Interest Basis subsequent to the Optional
Redemption Date (included) shall be Floating Rate
12 Put/Call Options:
Issuer Call
(further particulars specified below)
13 (i) Status of the Notes:
Senior Non Preferred
3

(ii) Date of corporate authorisations for the Decision of Stéphane MAGNAN in his capacity as
issuance of Notes obtained:
Directeur des Marchés et des Financements of the
Issuer dated 2 February 2022 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:
From (and including) the Interest Commencement
Date to (but excluding) the Optional Redemption
Date: Applicable
(i) Rate of Interest:
1.000 per cent. per annum payable annually in arrear
(ii) Interest Payment Dates:
9 February in each year commencing on 9 February
2023 and ending on the Optional Redemption Date
(iii) Fixed Coupon Amount:
EUR 1,000 per EUR 100,000 in Aggregate Principal
Amount
(iv) Broken Amount:
Not Applicable
(v) Day Count Fraction (Condition 5(a)):
Actual/Actual-ICMA (unadjusted)
(vi) Determination Dates:
9 February in each year
(b) Resettable Rate Note Provisions:
Not Applicable
15 Floating Rate Note Provisions:
From (and including) the Optional Redemption Date
to (but excluding) the Maturity Date: Applicable

(i) Interest Periods:
The period beginning on, and including, the Optional
Redemption Date and ending on, but excluding, the
First Interest Payment Date and each successive
period commencing on, and including, a Specified
Interest Payment Date and ending on, but excluding,
the next succeeding Specified Interest Payment Date,
all such dates being subject to adjustment in
accordance with the Business Day Convention set out
in (v) below

(ii) Specified Interest Payment Dates:
9 May 2027, 9 August 2027, 9 November 2027 and 9
February 2028, all such dates being subject to
adjustment in accordance with the Business Day
Convention set out in (v) below

(iii) First Interest Payment Date:
9 May 2027, subject to adjustment in accordance
with the Business Day Convention set out in (v)
below

(iv) Interest Period Date:
Not Applicable

(v) Business Day Convention:
Following Business Day Convention

(vi) Business Centre(s):
Not Applicable

(vii) Manner in which the Rate(s) of Interest
is/are to be determined:
Screen Rate Determination

4

(viii) Party responsible for calculating the
Rate(s) of Interest and Interest
Amount(s) (if not the Calculation
Agent):
Not Applicable

(ix) Screen Rate Determination:
Applicable

-
Reference Rate:
Three (3) month EURIBOR

-
Interest Determination Date(s):
11.00 a.m. (Brussels time), two (2) TARGET
Business Days prior to the first day of each Interest
Accrual Period

- Relevant Screen Page:
Reuters EURIBOR01

(x) FBF Determination:
Not Applicable

(xi) ISDA Determination:
Not Applicable

(xii) Margin(s):
+ 0.780 per cent. per annum

(xiii) Minimum Rate of Interest:
0.00 per cent. per annum

(xiv) Maximum Rate of Interest:
Not Applicable

(xv) Day Count Fraction:
Actual/360
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:
Applicable
(i) Optional Redemption Date:
9 February 2027
(ii) Optional Redemption Amount of each EUR 100,000 per Note of EUR 100,000 Specified
Note:
Denomination
(iii) If redeemable in part:
Not Applicable

(a) Minimum Redemption Amount:
Not Applicable

(b) Maximum Redemption Amount:
Not Applicable
(iv) Notice period (if other than as set out in In accordance with the Conditions
the Conditions):
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

5

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:
TARGET2, France
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:

MCM AVOCAT
10, rue de Sèze
75009 Paris
France
represented by Maître Antoine Lachenaud
Partner at MCM Avocat law firm

Name and address of the alternate Representative:
M. Philippe Maisonneuve
Partner at MCM Avocat law firm
10, rue de Sèze
75009 Paris
France

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

6

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 5,525.00

(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. The minus sign shows the
relative standing within the rating category.
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 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 net proceeds will be used for the Issuer's
general corporate purposes.

(ii) Estimated net proceeds:
EUR 497,415,000

(iii) Estimated total expenses:
Not Applicable
6
YIELD

Indication of yield:
1.055 per cent. per annum up to the Optional
Redemption Date (excluded)
7

7
PERFORMANCE OF RATES

Details of performance of EURIBOR rates can be obtained from, but not free of charge, Reuters.
8
BENCHMARK
Amounts payable under the Notes will, from and including the Optional Redemption Date to but
excluding the Maturity Date, be calculated by reference to EURIBOR which is provided by EMMI.
As at the date of these Final Terms, EMMI appears on the register of administrators and benchmarks
established and maintained by the European Securities and Markets Authority pursuant to Article 36
of the Benchmarks Regulation (Regulation (EU) 2016/1011, as amended) (the "Benchmarks
Regulation").
9
DISTRIBUTION

(i) Method of distribution:
Syndicated

(ii) If syndicated, names of Managers:
Joint Lead Managers
Banco Santander, S.A.
Barclays Bank Ireland PLC
La Banque Postale
Morgan Stanley Europe SE
Nomura Financial Products Europe GmbH
Société Générale
Co-Lead Managers
DekaBank Deutsche Girozentrale
Landesbank Hessen-Thüringen Girozentrale
Norddeutsche Landesbank - Girozentrale -

(iii) Stabilising Manager (if any):
Barclays Bank Ireland PLC

(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
10 OPERATIONAL INFORMATION

(i) ISIN:
FR00140087C4

(ii) Common Code:
244161456

(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
8

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

(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

9