Bond BNP Paribas SA 1.125% ( XS1823532640 ) in EUR

BNP Paribas SA

100 % ▲

France

XS1823532640 ( in EUR )

1.125% per year ( payment 1 time a year)

21/11/2023 - Bond has expired

Prospectus brochure of the bond BNP Paribas XS1823532640 in EUR 1.125%, expired

100 000 EUR

875 000 000 EUR

BNP Paribas is a leading international banking group providing a wide range of financial services including retail banking, investment banking, asset management, and corporate and institutional banking to individuals, businesses, and governments worldwide.

The Bond issued by BNP Paribas SA ( France ) , in EUR, with the ISIN code XS1823532640, pays a coupon of 1.125% per year.
The coupons are paid 1 time per year and the Bond maturity is 21/11/2023

FINAL TERMS
Final Terms dated 17 May 2018
BNP PARIBAS
(incorporated in France)
(the Issuer)
Issue of EUR 700,000,000 1.125 per cent. Senior Non Preferred Notes due 22 November 2023
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.

1

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 under the section entitled "Terms and Conditions of the English Law Notes" in
the Base Prospectus dated 2 August 2017 which received visa n° 17-415 from the Autorité des
marchés financiers ("AMF") on 2 August 2017 and the Supplements to the Base Prospectus dated 6
November 2017 which received visa n°17-574 from the AMF on 6 November 2017, dated 15 February
2018 which received visa n°18-042 from the AMF on 15 February 2018, dated 28 March 2018 which
received visa n°18-097 from the AMF on 28 March 2018 and dated 7 May 2018 which received visa
n°18-163 from the AMF on 7 May 2018 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), 60, avenue J.F. Kennedy, L-1855
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, the Base Prospectus and the Supplements to the Base Prospectus will be sent free of
charge by the Issuer to any investor requesting such documents.
1.
Issuer:
BNP Paribas
2.
(i)
Series Number:
18767
(ii
)
Tranche Number:
1
3.
Specified Currency:
EUR
4.
Aggregate Nominal Amount:
(i
)
Series:
EUR 700,000,000
(ii
)
Tranche:
EUR 700,000,000
5.
Issue Price of Tranche:
99.890 per cent. of the Aggregate Nominal Amount
6.
Minimum Trading Size:
Not applicable
7.
(i)
Specified Denomination:
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 will be issued with a
denomination above EUR 199,000.
(ii
)
Calculation
Amount EUR 1,000
(Applicable to Notes in
definitive form):
8.
(i)
Issue Date and Interest 22 May 2018
Commencement Date:
(ii
)
Interest
Commencement Not applicable.
Date (if different from the
Issue Date):
9.
(i)
Maturity Date:
22 November 2023
(ii)
Business Day Convention Not applicable

for Maturity Date:
10.
Form of Notes:
Bearer

2

11.
Interest Basis:
1.125 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
Redemption/Payment Basis:
15.
Put/Call Options:
Not applicable
16.
Exchange Rate:
Not applicable
17.
Status of the Notes:
Senior Non Preferred Notes
MREL/TLAC Criteria Event: Not applicable
18.
Knock-in Event:
Not applicable
19.
Knock-out Event:
Not applicable
20.
Method of distribution:
Syndicated
21.
Hybrid Securities:
Not applicable
22.
Tax Gross-Up:
Condition 6(d) (No Gross-Up) of the Terms and
Conditions of the English Law Notes not applicable
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
23.
Interest:
Applicable
(i
)
Interest Periods:
From and including the Interest Commencement Date
to but excluding the Interest Payment Date falling on
22 November 2018 (being a short first Interest
Period). Thereafter from and, including each Interest
Payment Date to but excluding the following Interest
Payment Date, up to the Maturity Date.
(ii
)
Interest Period End Dates:
22 November in each year from and including 22
November 2018 to and including the Maturity Date
(iii
)
Business Day Convention Not applicable
for Interest Period End
Dates:
(iv
)
Interest Payment Dates:
22 November in each year from and including 22
November 2018 to and including the Maturity Date
(v
)
Business Day Convention Following
for Interest Payment Dates:
(vi
)
Party
responsible
for Not applicable
calculating the Rate of
Interest
and
Interest
Amounts
(if
not
the
Calculation Agent):
(vii
)
Margin:
Not applicable
(viii
)
Minimum Interest Rate:
Not applicable
(ix
)
Maximum Interest Rate:
Not applicable
(x
)
Day Count Fraction:
Actual/Actual (ICMA)
(xi
)
Determination Dates:
22 November in each year
(xii
)
Accrual to Redemption:
Applicable

3

(xiii
)
Rate of Interest:
Fixed Rate
(xiv)
Coupon Rate:
Not applicable
24.
Fixed Rate Provisions:
Applicable
(i
)
Fixed Rate of Interest:
1.125 per cent. per annum payable annually in arrear
on each Interest Payment Date
(ii
)
Fixed Coupon Amount:
EUR 11.25 per Calculation Amount
(iii
)
Broken Amount:
EUR 5.67 per Calculation Amount, payable on the
Interest Payment Date falling on 22 November 2018.
(iv
)
Resettable Notes:
Not applicable
25.
Floating Rate Provisions:
Not applicable
26.
Screen Rate Determination:
Not applicable
27.
ISDA Determination:
Not applicable
28.
FBF Determination:
Not applicable
29.
Zero Coupon Provisions:
Not applicable
30.
Index Linked Interest Provisions:
Not applicable
31.
Share Linked Interest Provisions:
Not applicable
32.
Inflation Linked Interest Provisions:
Not applicable
33.
Commodity
Linked
Interest Not applicable
Provisions:
34.
Fund Linked Interest Provisions:
Not applicable
35.
ETI Linked Interest Provisions:
Not applicable
36.
Foreign Exchange (FX) Rate Linked Not applicable
Interest Provisions:
37.
Underlying Interest Rate Linked Not applicable
Interest Provisions:
38.
Additional
Business
Centre(s) 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):
PROVISIONS RELATING TO REDEMPTION
39.
Final Redemption:
Calculation Amount x 100 per cent.
40.
Final Payout:
Not applicable
41.
Automatic Early Redemption:
Not applicable
42.
Issuer Call Option:
Not applicable
43.
Noteholder Put Option:
Not applicable
44.
Aggregation:
Not applicable
45.
Index Linked Redemption Amount:
Not applicable
46.
Share Linked Redemption Amount:
Not applicable
47.
Inflation
Linked
Redemption Not applicable
Amount:

4

48.
Commodity
Linked
Redemption Not applicable
Amount:
49.
Fund Linked Redemption Amount:
Not applicable
50.
Credit Linked Notes:
Not applicable
51.
ETI Linked Redemption Amount:
Not applicable
52.
Foreign Exchange (FX) Rate Linked Not applicable
Redemption Amount:
53.
Underlying Interest Rate Linked Not applicable
Redemption Amount:
54.
Early Redemption Amount:
Calculation Amount Percentage: Calculation Amount x
100 per cent.
55.
Provisions applicable to Physical Not applicable
Delivery:
56.
Variation of Settlement:
(i
)
Issuer's
option
to
vary The Issuer does not have the option to vary settlement
settlement:
in respect of the Notes.
(ii
)
Variation of Settlement of Not applicable
Physical Delivery Notes:
57.
CNY Payment Disruption Event:
Not applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
58.
Form of Notes:
Bearer Notes:
New Global Note:
Yes

Temporary Bearer Global Note exchangeable for a
Permanent Bearer Global Note which is exchangeable
for definitive Bearer Notes only upon an Exchange
Event.
59.
Financial Centre(s) or other special Not applicable
provisions relating to Payment Days
for the purposes of Condition 4(a):
60.
Identification information of Holders:
Not applicable
61.
Talons for future Coupons or No
Receipts to be attached to definitive
Notes (and dates on which such
Talons mature):
62.
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 Bearer Global Note or
Permanent Bearer Global Note,
consequences of failure to pay,
including any right of the Issuer to
forfeit the Notes and interest due on
late payment:

5

63.
Details relating to Notes redeemable Not applicable
in instalments: amount of each
instalment, date on which each
payment is to be made:
64.
Redenomination,
renominalisation Not applicable
and reconventioning provisions:
65.
Masse (Condition 12 of the Terms Not applicable
and Conditions of the French Law
Notes):
66.
Governing law:
English law. Condition 2(a) is governed by French law.
67.
Calculation Agent:
Not applicable
DISTRIBUTION
68.
(i)
If syndicated, names of Lead Manager:
Managers (specifying Lead BNP Paribas
Manager):
(EUR 504,000,000)
Joint Lead Manager:
Banca IMI S.p.A.
Banco Bilbao Vizcaya Argentaria, S.A.
HSBC Bank plc
Lloyds Bank plc
UBS Limited
(EUR 28,000,000 each)
Co-Lead Managers:
Bankia SA
CIBC World Markets plc
DekaBank Deutsche Girozentrale
DZ Bank AG Deutsche Zentral-Genossenschaftsbank,
Frankfurt am Main
Industrial & Commercial Bank of China Limited,
London Branch
Raiffeisen Bank International AG
Scotiabank Europe plc
SMBC Nikko Capital Markets Limited
(EUR 7,000,000 each)
(ii
)
Stabilisation
Manager
(if BNP Paribas
any):
(iii
)
If non-syndicated, name of Not applicable
relevant Dealer:
69.
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
70.
Non exempt Offer:
Not applicable
71.
United States Tax Considerations:
The Notes are not Specified Securities for the purpose

6

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
trading:
behalf) for the Notes to be admitted to trading on
Euronext Paris with effect from 22 May 2018.
(ii)
Estimate of total expenses EUR 9,500 including AMF fees
related to admission to
trading:
2.
Ratings
Ratings:
The Notes to be issued are expected to be rated Baa1
by Moody's Investors Service Ltd. ("Moody's"), A- by
S&P Global Ratings, acting through Standard &
Poor's Credit Market Services France SAS ("S&P"),
A+ by Fitch France S.A.S. ("Fitch France") and A
(High) by DBRS Ratings Limited ("DBRS Limited").

Obligations rated Baa by Moody's are judged to be
medium-grade and subject to moderate credit risk and
as
such
may
possess
certain
speculative
characteristics. The modifier 1 indicates that the
obligation ranks in the higher end of its generic rating
category.
As defined by S&P, an A- rating means that the
Issuer's capacity to meet its financial commitment
under the Notes is still strong. The minus (-) sign
shows the relative standing within the rating category.
As defined by Fitch France an A+ rating denotes a
very low expectation of credit risk. It indicates a very
strong capacity for timely payment of financial
commitments. Such capacity is not significantly
vulnerable to foreseeable events.

As defined by DBRS Limited, an A rating means that
the Issuer's capacity for the payment of financial
obligations is considered substantial. Such capacity
may be vulnerable to future events, but qualifying
negative factors are considered manageable.

Each of Moody's, S&P, Fitch France and DBRS
Limited is established in the European Union and is
registered under Regulation (EC) No. 1060/2009 (as
amended).

8

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.
Yield
Indication of yield:
1.146 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
(i)
ISIN:
XS1823532640
(ii)
Common Code:
182353264
(iii)
Any clearing system(s) other Not applicable
than
Euroclear
and
Clearstream,
Luxembourg
approved by the Issuer and
the Principal Paying Agent
and
the
relevant
identification number(s):
(iv)
Delivery:
Delivery against payment
(v)
Additional Paying Agent(s) Not applicable
(if any):
(vi)
Intended to be held in a No. Whilst the designation is specified as "no" at the
manner which would allow date of these Final Terms, should the Eurosystem
Eurosystem eligibility:
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 will depend upon the
ECB being satisfied that Eurosystem eligibility criteria
have been met.
(vii)
Name
and
address
of Not applicable
Registration Agent:

9