Bond BNP Paribas SA 3.375% ( XS1939253917 ) in GBP

BNP Paribas SA

99.68 % ▲

France

XS1939253917 ( in GBP )

3.375% per year ( payment 1 time a year)

22/01/2026

Prospectus brochure of the bond BNP Paribas XS1939253917 en GBP 3.375%, maturity 22/01/2026

23/01/2026 ( In 80 days )

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 GBP, with the ISIN code XS1939253917, pays a coupon of 3.375% per year.
The coupons are paid 1 time per year and the Bond maturity is 22/01/2026

FINAL TERMS
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 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 2002/92/EC (as amended, the "Insurance Mediation Directive"),
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 the Prospectus Directive. 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.
MiFID II product governance / target market assessment 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 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, each
as defined in MiFID II; and (ii) all channels for distribution of the Notes 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 January 2019
BNP PARIBAS
(incorporated in France)
(the Issuer)
Legal entity identifier (LEI): R0MUWSFPU8MPRO8K5P83
Issue of GBP 1,000,000,000 3.375 per cent. Senior Non Preferred Notes due 23 January 2026
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.

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 sections entitled "Terms and Conditions of the English Law Notes" in the
Base Prospectus dated 5 July 2018 which received visa n° 18-288 from the Autorité des marchés financiers
("AMF") on 5 July 2018 and the Supplements to the Base Prospectus dated 6 August 2018 and 9 November
2018 which together constitute a base prospectus for the purposes of the Directive 2003/71/EC, as amended
(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) and these Final Terms will be
available for viewing on the website of Euronext Paris. A copy of these Final Terms and 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:
18982
(ii)
Tranche Number:
1
3.
Specified Currency:
GBP as defined in the definition of "Relevant Currency" in
Condition 4 (Payments, Physical Delivery and Exchange
of Talons)
4.
Aggregate Nominal Amount:

(i)
Series:
GBP 1,000,000,000
(ii)
Tranche:
GBP 1,000,000,000
5.
Issue Price of Tranche:
99.875 per cent. of the Aggregate Nominal Amount
6.
Minimum Trading Size:
Not applicable
7.
(i)
Specified Denomination:
GBP 100,000 and integral multiples of GBP 1,000 in
excess thereof up to and including GBP 199,000. No
Notes in definitive form will be issued with a denomination
above GBP 199,000.
(ii)
Calculation Amount:
GBP 1,000
8.
(i)
Issue Date and Interest
23 January 2019
Commencement Date:
(ii)
Interest Commencement Date
Not applicable
(if different from the Issue
Date):
9.
(i)
Maturity Date:
23 January 2026
(ii)
Business Day Convention for Not applicable
Maturity Date:
10.
Form of Notes:
Bearer
11.
Interest Basis:
3.375 per cent. per annum Fixed Rate
(further particulars specified below)

2

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 Notes:
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 Period(s):
From and including the Interest Commencement Date to
but excluding the following Interest Payment Date falling
on or about 23 January 2020. 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 Date(s):
23 January in each year from and including 23 January
2020 to and including the Maturity Date
(iii)
Business Day Convention for
Not applicable
Interest Period End Date(s):
(iv)
Interest Payment Date(s):
23 January in each year from and including 23 January
2020 to and including the Maturity Date
(v)
Business Day Convention for
Not applicable
Interest Payment Date(s):
(vi)
Party responsible for
Calculation Agent
calculating the Rate(s) of
Interest and Interest
Amount(s):
(vii)
Margin(s):
Not applicable
(viii)
Minimum Interest Rate:
0.00 per cent. per annum
(ix)
Maximum Interest Rate:
Not applicable
(x
)
Day Count Fraction:
Actual/Actual (ICMA)
(xi)
Determination Dates:
23 January in each year from and including 23 January
2020 to and including the Maturity Date
(xii)
Accrual to Redemption:
Applicable
(xiii)
Rate of Interest:
Fixed Rate
(xiv)
Coupon Rate:
Not applicable
24.
Fixed Rate Provisions:
Applicable

3

(i)
Fixed Rate of Interest:
3.375 per cent. per annum payable annually in arrear on
each Interest Payment Date
(ii)
Fixed Coupon Amount(s):
GBP 33.75 per Calculation Amount
(iii)
Broken Amount(s):
Not applicable
(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/ETI Share Linked Interest
Not applicable
Provisions:
32.
Inflation Linked Interest Provisions:
Not applicable
33.
Commodity Linked Interest Provisions:
Not applicable
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 Interest Not applicable
Provisions:
38.
Additional Business Centre(s)
London
(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/ETI Share Linked
Not applicable
Redemption Amount:
47.
Inflation Linked Redemption Amount:
Not applicable
48.
Commodity Linked Redemption
Not applicable
Amount:
49.
Fund Linked Redemption Amount:
Not applicable

4

50.
Credit Linked Notes:
Not applicable
51.
ETI Linked Redemption Amount:
Not applicable
52.
Foreign Exchange (FX) Rate Linked
Not applicable
Redemption Amount:
Not applicable
53.
Underlying Interest Rate Linked
Redemption Amount:
54.
Events of Default for Senior Preferred Not applicable
Notes:
55.
Administrator/Benchmark Event:
Not applicable
56.
Early Redemption Amount(s):
Final Redemption Amount
57.
Provisions applicable to Physical
Not applicable
Delivery:
58.
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.
(ii)
Variation of Settlement of
Not applicable
Physical Delivery Notes:
59.
CNY Payment Disruption Event:
Not applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
60.
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.
61.
Financial Centre(s) or other special
London
provisions relating to Payment Days for
the purposes of Condition 4(a):
62.
Identification information of Holders:
Not applicable
63.
Talons for future Coupons or Receipts
No
to be attached to definitive Notes (and
dates on which such Talons mature):
64.
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:
65.
Details relating to Notes redeemable in
Not applicable
instalments: amount of each instalment,
date on which each payment is to be
made:
66.
Redenomination, renominalisation and Not applicable
reconventioning provisions:

5

PART B OTHER INFORMATION

1.
Listing and Admission to trading

(i)
Listing and admission to
Application will be made by the Issuer (or on its behalf) for
trading:
the Notes to be admitted to trading on Euronext Paris with
effect from 23 January 2019.
(ii)
Estimate of total expenses
EUR 10,700 (including EUR 5,000 of AMF fees)
related to admission to trading:
2.
Ratings

Ratings:
The Notes to be issued are expected to be rated A- by
S&P Global Ratings Europe Limited ("S&P"), Baa1 by
Moody's Investors Service Ltd. ("Moody's") and A+ by
Fitch France SAS ("Fitch").

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

7

3.
Interests of Natural and Legal Persons Involved in the Offer
Save for the 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:
3.3953 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:
XS1939253917
(ii)
Common Code:
193925391
(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) (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 allow
of these Final Terms, should the Eurosystem eligibility
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 will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have been met.
(vii)
Name and address of
Not applicable
Registration Agent:
8