Obligation BP Capital Markets BV 0.933% ( XS2270147924 ) en EUR

BP Capital Markets BV

100 % ⇌

Royaume-uni

XS2270147924 ( en EUR )

0.933% par an ( paiement annuel )

04/12/2040 - Obligation échue

Prospectus brochure de l'obligation BP Capital Markets B.V XS2270147924 en EUR 0.933%, échue

BP Capital Markets B.V. est une filiale de BP pétrolière, fournissant des services de marchés de capitaux, notamment des activités de négociation, de financement et de gestion des risques à des clients institutionnels.

L'Obligation émise par BP Capital Markets BV ( Royaume-uni ) , en EUR, avec le code ISIN XS2270147924, paye un coupon de 0.933% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 04/12/2040

FINAL TERMS

Prohibition of Sales to EEA and 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 European
Economic Area (the "EEA") or the United Kingdom (the "UK"). 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
or superseded, "MiFID II"); (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended or
superseded), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1)
of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as amended or superseded,
the "Prospectus Regulation"). Consequently no key information document required by Regulation (EU) No
1286/2014 (as amended or superseded, the "PRIIPs Regulation") for offering or selling the Notes or otherwise
making them available to retail investors in the EEA or the UK has been prepared and therefore offering or selling
the Notes or otherwise making them available to any retail investor in the EEA or the UK may be unlawful under
the 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 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.
Notification under Section 309b(1) of the Securities and Futures Act (Chapter 289) of Singapore Solely for
the purposes of discharging its obligations pursuant to sections 309B(1)(a) and 309B(1)(c) of the Securities and
Futures Act (Chapter 289) of Singapore (the "SFA"), the Issuer has determined, and hereby notifies all relevant
persons (as defined in section 309A of the SFA), that the Notes are prescribed capital markets products (as defined
in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as
defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice
on Recommendations on Investment Products).
Final Terms dated 3 December 2020

BP Capital Markets B.V.
Legal entity identifier (LEI): 7245003VD7E4T30HJD24

Issue of 750,000,000 0.933 per cent. Guaranteed Notes due 2040
Guaranteed by BP p.l.c.
under the US$40,000,000,000
Debt Issuance Programme
PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions of the Notes
set forth in the Prospectus dated 28 August 2020, and the Supplemental Prospectus dated 27 November 2020, which
together constitute a base prospectus for the purposes of the Prospectus Regulation. This document constitutes the
Final Terms of the Notes described herein for the purposes of Article 8 of the Prospectus Regulation and must be
read in conjunction with the Prospectus as so supplemented in order to obtain all relevant information. Full
information on the Issuer, the Guarantor and the offer of the Notes is only available on the basis of the combination

of these Final Terms and the Prospectus as so supplemented. The Prospectus and the Supplemental Prospectus are
available for viewing at the website of the Issuer (https://www.bp.com/debtissuance).
1
(a) Issuer:
BP Capital Markets B.V.

(b) Guarantor:
BP p.l.c.
2
(a) Series Number:
117

(b) Tranche Number:
1
3
Specified Currency or Currencies:
Euro ("")
4
Aggregate Nominal Amount:

(a) Series:
750,000,000

(b) Tranche:
750,000,000
5
Issue Price:
100.00 per cent. of the Aggregate Nominal Amount
6
(a) Specified Denominations:
100,000 and integral multiples of 1,000 in excess
thereof up to and including 199,000. No Notes in
definitive form will be issued with a denomination above
199,000

(b) Calculation Amount:
1,000
7
(a) Issue Date:
4 December 2020

(b) Interest Commencement Date:
Issue Date
8
Maturity Date:
4 December 2040
9
Interest Basis:
0.933 per cent. Fixed Rate
(further particulars specified below)
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 Date Board approval for issuance of Notes Not Applicable
and Guarantee obtained:

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14 Fixed Rate Note Provisions
Applicable

(a) Rate(s) of Interest:
0.933 per cent. per annum payable in arrear on each
Interest Payment Date

(b) Interest Payment Date(s):
4 December in each year, commencing on 4 December
2021, up to and including the Maturity Date

(c) Fixed Coupon Amount(s):
6,997,500 per Aggregate Nominal Amount of the Notes
(applicable to the Notes represented by a Global Note)
and 9.33 per Calculation Amount (applicable to the
Notes in definitive form)

(d) Broken Amount(s):
Not Applicable

(e) Day Count Fraction:
Actual/Actual (ICMA)

(f) Determination Date(s):
4 December in each year

0010155-0003129 UKO2: 2001639485.5
2

(g) Business Centre:
Not Applicable

(h) Business Day Convention:
Not Applicable
15 Floating Rate Note Provisions
Not Applicable
16 Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17 Issuer Call:
Not Applicable
18 Issuer Maturity Call:
Not Applicable
19 Make-Whole Redemption by the Issuer:
Not Applicable
20 Investor Put:
Not Applicable
21 Final Redemption Amount:
1,000 per Calculation Amount
22 Early Redemption Amount payable on As per Condition 5(b)
redemption for taxation reasons or on event
of default:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23 Form of Notes:

(a) Form:
Bearer Notes:
Temporary Global Note exchangeable for a Permanent
Global Note which is exchangeable for Definitive Notes
only in the limited circumstances specified in the
Permanent Global Note

(b) New Global Note:
Yes
24 Financial Centre(s):
London
25 US Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
26 Prohibition of Sales to EEA and UK Retail Applicable
Investors:
27
Prohibition of Sales to Belgian Consumers: Applicable

0010155-0003129 UKO2: 2001639485.5
3

PART B OTHER INFORMATION
1

LISTING

(i) Admission to trading:
Application has been made by the Issuer (or on its
behalf) for the Notes to be admitted to trading on the
regulated market of the London Stock Exchange with
effect from 4 December 2020.

(ii) Estimate of total expenses related to £4,790
admission to trading:
2

RATINGS

The Notes to be issued are expected to be rated:
S&P Global Ratings Europe Limited ("S&P"): A-
Moody's Investors Service Limited ("Moody's"): A1
Obligations rated `A' by S&P are judged to be somewhat
more susceptible to the adverse effects of changes in
circumstances and economic conditions than obligations
in higher-rated categories. However, the obligor's
capacity to meet its financial commitments on the
obligation is still strong. The addition of a minus (-) sign
is to show relative standing within this rating category.1
Obligations rated `A' by Moody's are judged to be
upper-medium grade and are subject to low credit risk.
The modifier `1' indicates that the obligation ranks in the
higher end of its generic rating category.2
3

INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save as discussed in the Prospectus under the heading "Subscription and Sale", so far as the Issuer is
aware, no person involved in the issue of the Notes has an interest material to the offer.
4

REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDS

(i) Reasons for the offer:
See "Use of Proceeds" in the Prospectus

(ii) Estimated net proceeds:
747,562,500

5
YIELD

Indication of yield:
0.933 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.
6

OPERATIONAL INFORMATION

(i) ISIN:
XS2270147924

(ii) Common Code:
227014792

(iii) CMU Instrument Number:
Not Applicable

(iv) Any Clearing system(s) other than Not Applicable
Euroclear Bank SA/NV, Clearstream

1 Source: https://www.standardandpoors.com/en_US/web/guest/article/-/view/sourceId/504352
2 Source: https://www.moodys.com/sites/products/AboutMoodysRatingsAttachments/MoodysRatingSymbolsandDefinitions.pdf

0010155-0003129 UKO2: 2001639485.5
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Banking, S.A., CMU and the relevant
identification number(s):

(v) Delivery:
Delivery against payment

(vi) Names and addresses of initial Citibank, N.A., London Branch
Paying Agents(s):
Citigroup Centre
Canada Square
London E14 5LB
United Kingdom

Citibank Europe PLC
1 North Wall Quay
Dublin 1
Ireland

(vii) Names and addresses of additional Not Applicable
Paying Agents(s):

(viii) Intended to be held in a manner Yes. Note that the designation "yes" simply means that
which would allow Eurosystem the Notes are intended upon issue to be deposited with
eligibility:
one of the ICSDs as common safekeeper and does not
necessarily mean that the Notes will be recognised as
eligible collateral for Eurosystem monetary policy and
intraday credit operations by the Eurosystem either upon
issue or at any or all times during their life. Such
recognition will depend upon the ECB being satisfied
that Eurosystem eligibility criteria have been met.

0010155-0003129 UKO2: 2001639485.5
6