Obligation BNP Paribas SA 2.375% ( XS1190632999 ) en EUR

BNP Paribas SA

100 % ▲

France

XS1190632999 ( en EUR )

2.375% par an ( paiement annuel )

16/02/2025 - Obligation échue

Prospectus brochure de l'obligation BNP Paribas XS1190632999 en EUR 2.375%, échue

100 000 EUR

1 500 000 000 EUR

BNP Paribas est une banque internationale française, l'une des plus grandes d'Europe, offrant une large gamme de services financiers aux particuliers, entreprises et institutions.

L'Obligation émise par BNP Paribas SA ( France ) , en EUR, avec le code ISIN XS1190632999, paye un coupon de 2.375% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 16/02/2025

CONFORMED COPY

Final Terms dated 13 February 2015
BNP PARIBAS
(incorporated in France)
(the Issuer)
Issue of EUR 1,500,000,000 2.375 per cent. Subordinated Tier 2 Notes due 17 February 2025
under the 90,000,000,000
Euro Medium Term Note Programme
(the Programme)

Any person making or intending to make an offer of the Notes may only do so in circumstances in which no
obligation arises for the Issuer or any Dealer to publish a prospectus pursuant to Article 3 of the Prospectus
Directive or to supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in
relation to such offer.
Neither the Issuer nor any Dealer has authorised, nor do they authorise, the making of any offer of Notes in
any other circumstances.

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PART A CONTRACTUAL TERMS
Terms used herein shal be deemed to be defined as such for the purposes of the Conditions (the
"Conditions") set forth under the section entitled "Terms and Conditions of the English Law Notes" in the
Base Prospectus dated 5 June 2014 which received visa n° 14-275 from the Autorité des marchés financiers
("AMF") on 5 June 2014 and the Supplements to the Base Prospectus dated 10 July 2014, 7 August 2014,
22 September 2014, 7 November 2014 and 6 February 2015, which together constitute a base prospectus
for the purposes of the Directive 2003/71/EC (the "Prospectus Directive") (the "Base Prospectus"). 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 the Base Prospectus. 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. The Base Prospectus, these Final Terms and the Supplements to the Base
Prospectus (in each case, together with any documents incorporated therein by reference) are available for
viewing at, and copies may be obtained from, BNP Paribas Securities Services, Luxembourg Branch (in its
capacity as Principal Paying Agent), 33, rue de Gasperich, Howald - Hesperange, L-2085 Luxembourg and
(save in respect of the Final Terms) on the Issuer's website (www.invest.bnpparibas.com). The Base
Prospectus, these Final Terms and the Supplements to the Base Prospectus will also be available on the
AMF website (www.amf-france.org). A copy of these Final Terms and the Base Prospectus and the
Supplements to the Base Prospectus wil be sent free of charge by the Issuer to any investor requesting
such documents.

1.
Issuer:
BNP Paribas
2.
(i)
Series Number:
17172
(i )
Tranche Number:
1
3.
Specified Currency:
Euro ("EUR")
4.
Aggregate Nominal Amount:

(i)
Series:
1,500,000,000
(i )
Tranche:
1,500,000,000
5.
Issue Price of Tranche:
99.640 per cent. of the Aggregate Nominal Amount
6.
Minimum Trading Size:
Not applicable
7.
(i)
Specified Denominations:
EUR 100,000 and integral multiples of EUR 1,000 in
excess thereof up to and including EUR 199,000. No
Notes in definitive form wil be issued with a denomination
above EUR 199,000.
(i )
Calculation Amount (Applicable EUR 1,000
to Notes in definitive form):
8.
(i)
Issue Date and Interest
17 February 2015
Commencement Date:
(i )
Interest Commencement Date
Not applicable
(if different from the Issue
Date):
9.
Maturity Date:
17 February 2025
10.
Form of Notes:
Bearer
11.
Interest Basis:
2.375 per cent. per annum Fixed Rate (further particulars
specified below)
12.
Coupon Switch:
Not applicable
13.
Redemption/Payment Basis:
Redemption at par
14.
Change of Interest Basis or
Not applicable

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Redemption/Payment Basis:
15.
Put/Call Options:
Not applicable
16.
Exchange Rate:
Not applicable
17.
Status of the Notes:
Subordinated
18.
Knock-in Event:
Not applicable
19.
Knock-out Event:
Not applicable
20.
Method of distribution:
Syndicated
21.
Hybrid Securities:
Not applicable
22.
Interest:
Applicable
(i)
Interest Periods:
From and including 17 February in each year
(commencing
on
and
including
the
Interest
Commencement Date) to but excluding the next Interest
Period End Date up to the Maturity Date.
(i )
Interest Period End Dates:
17 February in each year
(i i)
Business Day Convention for
Not applicable
Interest Period End Dates:
(iv)
Interest Payment Dates:
17 February in each year from and including 17 February
2016 to and including the Maturity Date.
(v)
Business Day Convention for
Following
Interest Payment Dates:
(vi)
Party responsible for
Calculation Agent
calculating the Rate of Interest
and Interest Amount (if not the
Calculation Agent):
(vi )
Margin:
Not applicable
(vi i)
Minimum Interest Rate:
Not applicable
(ix)
Maximum Interest Rate:
Not applicable
(x)
Day Count Fraction:
Actual/Actual (ICMA)
(xi)
Determination Dates:
17 February in each year
(xi )
Accrual to Redemption:
Applicable
(xi i)
Rate of Interest:
Fixed Rate
(xiv)
Coupon Rate:
Not applicable
23.
Fixed Rate Provisions:
Applicable
(i)
Fixed Rate of Interest:
2.375 per cent. per annum payable annually in arrear on
each Interest Payment Date
(i )
Fixed Coupon Amounts:
EUR 23.75 per Calculation Amount
(i i)
Broken Amounts:
Not applicable
(iv)
Resettable Notes:
Not applicable
24.
Floating Rate Provisions:
Not applicable
25.
Screen Rate Determination:
Not applicable
26.
ISDA Determination:
Not applicable
27.
FBF Determination:
Not applicable

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28.
Zero Coupon Provisions:
Not applicable
29.
Index Linked Interest Provisions:
Not applicable
30.
Share Linked Interest Provisions:
Not applicable
31.
Inflation Linked Interest Provisions:
Not applicable
32.
Commodity Linked Interest Provisions:
Not applicable
33.
Fund Linked Interest Provisions:
Not applicable
34.
ETI Linked Interest Provisions:
Not applicable
35.
Foreign Exchange (FX) Rate Linked
Not applicable
Interest Provisions:
36.
Underlying Interest Rate Linked Interest Not applicable
Provisions:
37.
Additional Business Centres
Not applicable
(Condition 3(e) of the Terms and
Conditions of the English Law Notes or
Condition 3(e) of the Terms and
Conditions of the French Law Notes, as
the case may be):
38.
Final Redemption:
Calculation Amount x 100 per cent.
39.
Final Payout:
Not applicable
40.
Automatic Early Redemption:
Not applicable
41.
Issuer Call Option:
Not applicable
42.
Noteholder Put Option:
Not applicable
43.
Aggregation:
Not applicable
44.
Index Linked Redemption Amount:
Not applicable
45.
Share Linked Redemption Amount:
Not applicable
46.
Inflation Linked Redemption Amount:
Not applicable
47.
Commodity Linked Redemption
Not applicable
Amount:
48.
Fund Linked Redemption Amount:
Not applicable
49.
Credit Linked Notes:
Not applicable
50.
ETI Linked Redemption Amount:
Not applicable
51.
Foreign Exchange (FX) Rate Linked
Not applicable
Redemption Amount:
Not applicable
52.
Underlying Interest Rate Linked
Redemption Amount:
53.
Early Redemption Amount:
Calculation Amount x 100 per cent
54.
Provisions applicable to Physical
Not applicable
Delivery:
55.
Variation of Settlement:

(i)
Issuer's option to vary
The Issuer does not have the option to vary settlement in
settlement:
respect of the Notes.
(i )
Variation of Settlement of
Not applicable

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Physical Delivery Notes:
56.
Form of Notes:
Bearer Notes
New Global Note:
No

Temporary Bearer Global Note exchangeable for a
Permanent Bearer Global Note which is exchangeable for
definitive Bearer Notes only upon an Exchange Event.
57.
Financial Centres or other special Not applicable
provisions relating to Payment Days for
the purposes of Condition 4(a):
58.
Identification information of Holders:
Not applicable
59.
Talons for future Coupons or Receipts No
to be attached to definitive Notes (and
dates on which such Talons mature):
60.
Details relating to Partly Paid Notes: Not applicable
amount of each payment comprising
the Issue Price and date on which each
payment is to be made and, if different
from those specified in the Temporary
Global Note, consequences of failure to
pay, including any right of the Issuer to
forfeit the Notes and interest due on
late payment:
61.
Details relating to Notes redeemable in Not applicable
instalments: amount of each instalment,
date on which each payment is to be
made:
62.
Redenomination, renominalisation and Not applicable
reconventioning provisions:
63.
Masse (Condition 12 of the Terms and Not applicable
Conditions of the French Law Notes):
64.
Governing law:
English law. Condition 2(b) is governed by French law.

65.
Calculation Agent:
BNP Paribas Securities Services
66.
(i)
If syndicated, names of
Bookrunner and Lead Manager:
Managers and underwriting
BNP Paribas UK Limited
commitments/quotas (material
features) (specifying Lead
(EUR 915,000,000)
Manager):
Lead Managers
ABN AMRO Bank N.V.
Banco Santander, S.A.
Commerzbank Aktiengesel schaft
ING Bank N.V., Belgium branch
Lloyds Bank plc
Natixis
(EUR 97,500,000 each)
(i )
Stabilisation Manager (if any):
BNP Paribas UK Limited

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(i i)
If non-syndicated, name of
Not applicable
relevant Dealer:
67.
U.S. Sel ing Restrictions:
Reg. S Compliance Category 2; TEFRA D
68.
Non exempt Offer:
Not applicable

RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.

Signed on behalf of the Issuer:

By:
VERONIQUE FLOXOLI

Duly authorised

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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)
trading:
for the Notes to be admitted to trading on Euronext Paris
with effect from 17 February 2015.
(i )
Estimate of total expenses
EUR 12,000
related to admission to trading:
2.
Ratings

Ratings:
The Notes to be issued are expected to be rated BBB by
Standard & Poor's Credit Market Services France SAS
("Standard & Poor's"), Baa2 by Moody's Investors
Service Ltd. ("Moody's") and A by Fitch France S.A.S.
("Fitch France").

Each of Standard & Poor's, Moody's and Fitch France is
established in the European Union and is registered
under Regulation (EC) No. 1060/2009 (as amended).
3.
Interests of Natural and Legal Persons Involved in the Issue
Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the
offer of the Notes has an interest material to the offer.
4.
Fixed Rate Notes only  Yield

Indication of yield:
2.416 per cent.

As set out above, the yield is calculated at the Issue Date
on the basis of the Issue Price. It is not an indication of
future yield
5.
Floating Rate Notes only  Historic Interest Rates
Not applicable
6.
Performance of Index/ Share/ Commodity/ Inflation/ Foreign Exchange Rate/ Fund/ Reference
Entity/ Entities/ ETI Interest/ Underlying Interest Rate and Other Information concerning the
Underlying Reference
Not applicable
7.
OPERATIONAL INFORMATION

(i)
ISIN:
XS1190632999
(i )
Common Code:
119063299
(i i)
Any clearing systems other
Not applicable
than Euroclear and
Clearstream, Luxembourg
approved by the Issuer and the
Principal Paying Agent and the
relevant identification numbers:
(iv)
Delivery:
Delivery against payment
(v)
Additional Paying Agents (if
Not applicable
any):
(vi)
Intended to be held in a
No. Whilst the designation is specified as "no" at the date
manner which would al ow
of these Final Terms, should the Eurosystem eligibility

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Eurosystem eligibility:
criteria be amended in the future such that the Notes are
capable of meeting them the Notes may then be
deposited with one of the ICSDs as common safe-keeper.
Note that this does not necessarily mean that the Notes
will then be recognised as eligible collateral for
Eurosystem monetary policy and intra day credit
operations by the Eurosystem at any time during their life.
Such recognition wil depend upon the ECB being
satisfied that Eurosystem eligibility criteria have been met.
(vi )
Name and address of
Not applicable
Registration Agent:
8.
Public Offers
Not applicable
9.
Placing and Underwriting
Not applicable

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