Obbligazione France Énergie 2% ( FR0013465424 ) in EUR

Emittente France Énergie
Prezzo di mercato refresh price now   100 EUR  ⇌ 
Paese  Francia
Codice isin  FR0013465424 ( in EUR )
Tasso d'interesse 2% per anno ( pagato 1 volta l'anno)
Scadenza 09/12/2049



Prospetto opuscolo dell'obbligazione ELECTRICITE DE FRANCE (EDF) FR0013465424 en EUR 2%, scadenza 09/12/2049


Importo minimo /
Importo totale /
Cusip F4065QLG3
Coupon successivo 09/12/2025 ( In 32 giorni )
Descrizione dettagliata EDF è una società energetica francese, leader mondiale nella produzione e distribuzione di energia elettrica.

The Obbligazione issued by France Énergie ( France ) , in EUR, with the ISIN code FR0013465424, pays a coupon of 2% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 09/12/2049









EXECUTION VERSION
PRIIPs REGULATION / PROHIBITION OF SALES TO EUROPEAN ECONOMIC AREA
RETAIL INVESTORS - The Notes are not intended to be offered, sold or otherwise made available to
and, with effect from such date, 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"); (ii) a customer within the meaning of Directive (EU) 2016/97,
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 (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.
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 only, each as defined in MiFID II; and (ii) all channels for distribution 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.

Final Terms dated 5 December 2019
Électricité de France


Issue of EUR 1,250,000,000 2.00 per cent. Notes due 9 December 2049
under the 45,000,000,000 Euro Medium Term Note Programme
of Électricité de France

SERIES NO: 37
TRANCHE NO: 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 in the base prospectus dated 21 November 2019 which received
visa no 19-540 from the Autorité des marchés financiers (the "AMF") in France on 21
November 2019 (the "Base Prospectus") which constitutes a prospectus for the purposes of
Regulation (EU)2017/1129 (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 such 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. For so long as any Notes are outstanding, copies of
the Base Prospectus (i) may be inspected and obtained, free of charge, during normal
business hours at the specified offices of each of the Paying Agents, (ii) are available for
viewing on the website of the AMF (www.amf-france.org) and on the Issuer's website
(www.edf.com) and (iii) may be obtained, free of charge, during normal business hours from
Électricité de France, 22-30, avenue de Wagram, 75008 Paris, France.

1. (i) Issuer:
Électricité de France
2. (i) Series Number:
37
(ii) Tranche Number:
1

3. Specified Currency or Currencies:
Euro ("EUR")
4. Aggregate Nominal Amount:

(i) Series:
EUR 1,250,000,000
(ii) Tranche:
EUR 1,250,000,000
5. Issue Price:
96.024 per cent. of the Aggregate Nominal
Amount
6. Specified Denomination:
EUR 100,000
(Condition 1 (b))
7. (i) Issue Date:
9 December 2019
(ii) Interest Commencement Date:
Issue Date
8. Maturity Date:
9 December 2049
9. Interest Basis:
2.00 per cent. Fixed Rate (further

particulars specified below)

10. Redemption/Payment Basis:
Redemption at par
11. Change of Interest Basis:
Not Applicable
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12. Put/Call Options:
Make-Whole Redemption by the Issuer
Residual Maturity Call Option
(further particulars specified below)
13. Date of corporate authorisations for issuance
Resolution of the Board of Directors of the
of Notes obtained:
Issuer dated 14 December 2018 and
decision of Jean-Bernard Lévy, Président-
Directeur Général, to issue the Notes dated
2 December 2019 and delegating to Xavier
Girre, Directeur Exécutif Groupe en charge
de la Direction Financière Groupe, and
Stéphane Tortajada, Directeur Financement
­ Investissements, the authority to sign the
documentation relating to the Notes.
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14. Fixed Rate Note Provisions
Applicable
(i) Rate of Interest:
2.00 per cent. per annum payable annually
in arrear on each Interest Payment Date
(ii) Interest Payment Dates:
9 December in each year commencing on 9
December 2020 and ending on the Maturity
Date, not adjusted
(iii) Fixed Coupon Amount:
EUR 2,000 per Specified Denomination
(iv) Broken Amount:
Not Applicable
(v) Day Count Fraction:
Actual/Actual ­ ICMA
(vi) Determination Dates:
9 December in each year
15.
Floating Rate Note Provisions
Not Applicable
16.
Zero Coupon Note Provisions
Not Applicable

PROVISIONS RELATING TO
REDEMPTION
17. Call Option
Not Applicable
18. Put Option
Not Applicable
19. Final Redemption Amount of each Note
EUR 100,000 per Specified Denomination
20. Make-Whole Redemption by the Issuer
Applicable
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(i) Notice Period:
15 to 30 calendar days as set out in
Condition 6(c)
(ii) Parties to be notified (if other than set
Not Applicable
out in Condition 6(c)):
(iii) Make-whole Redemption Margin:
0.30 per cent.
(iv) Reference Security:
Federal Government Bund of
Bundesrepublik Deutschland 1.250 per
cent. due August 2048
(ISIN
DE0001102432)
(v) Reference Screen Rate:
Not Applicable
(vi) Make-whole Redemption Rate:
Reference Dealer Quotation
(vii) Reference Dealers:
Barclays Bank PLC
BNP Paribas
Citigroup Global Markets Limited
Merrill Lynch International
Morgan Stanley & Co. International plc

21. Residual Maturity Call Option:
Applicable
Residual Maturity Call Option Date:
As from 9 June 2049
22. Early Redemption Amount


Early Redemption Amount(s) of each Note As set out in the Conditions
payable on redemption for taxation reasons or
on event of default or other early redemption:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23. 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
(iv) Identification of Noteholders (Condition Not Applicable
1
(c) (v)):
(v) Applicable TEFRA exemption (or
Not Applicable
successor exemption):
24. Financial Centre(s):
Not Applicable
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25. Talons for future Coupons to be attached to
No
Definitive Notes (and dates on which such
Talons mature):
26. Redenomination, renominalisation and
Not Applicable
reconventioning provisions:
27. Consolidation provisions:
Not Applicable
28. Masse (Condition 11):

Contractual Masse shall apply

The initial Representative shall be:
MASSQUOTE S.A.S.U.
RCS 529 065 880 Nanterre
7 bis rue de Neuilly
F-92110 Clichy

Mailing address:
33, rue Anna Jacquin
92100 Boulogne Billancourt
France
Represented by its Chairman

The Representative will receive an
upfront fee of EUR 13,500 payable
(VAT excluded) on the Issue Date.
The Representative will exercise its duty
until its dissolution, resignation or
termination of its duty by a general
assembly of Noteholders or until it
becomes unable to act. Its appointment
shall automatically cease on the Maturity
Date, or total redemption prior to the
Maturity Date.



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PART B ­ OTHER INFORMATION

1.
LISTING


(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 9 December 2019.
(iii) Estimate of total expenses
EUR 13,200
related to admission to trading:

2.
RATINGS

Ratings:
The Notes to be issued are expected to be
rated:
Moody's: A3

S & P: A-
Fitch: A-
Each of Moody's, S&P and Fitch is established
in the European Union, is registered under
Regulation (EC) No 1060/2009, as amended
(the "CRA Regulation") and is included in the
list of credit rating agencies registered in
accordance with the CRA Regulation
published on the European Securities and
Markets
Authority's
website
(www.esma.europa.eu/page/List-registered-
and-certified-CRAs).

3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

"Save as disclosed in "Subscription and Sale" so far as the Issuer is aware, no person
involved in the offer of the Notes has an interest material to the offer".
4. REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL
EXPENSES

(i) Reasons for the offer:
The net proceeds of the issue will be used to meet
the Issuer's general financing requirements.
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(ii) Estimated net
EUR 1,195,625,000
proceeds:
5.
FIXED RATE NOTES ONLY ­ YIELD

Indication of yield:
2.182 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.
DISTRIBUTION

(i) Method of distribution:
Syndicated

(ii) If syndicated:
(A) Names of Managers:
Barclays Bank PLC

BNP Paribas

Citigroup Global Markets Limited
Merrill Lynch International
Morgan Stanley & Co. International plc

ABN AMRO Bank N.V.
Crédit Industriel et Commercial S.A.
La Banque Postale

(B) Stabilising Manager
BNP Paribas
(iii) If non-syndicated, name and
Not Applicable
address of Dealer:
(iv) US Selling Restrictions Reg. S Compliance Category 2 applies to the Notes;
(Categories of potential investors TEFRA not applicable to Dematerialised Notes
to which the Notes are offered):
(v) Non-exempt offer:
Not Applicable
(vi) Prohibition of Sales to EEA
Applicable
Retail Investors:





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7.
OPERATIONAL INFORMATION


ISIN Code:
FR0013465424
Common Code:
208930834
Any clearing system(s) other than Not Applicable
Euroclear France, Euroclear Bank SA/NV
and Clearstream Banking, S.A. and the
relevant identification number(s):
Delivery against payment
Delivery:
Names and addresses of additional Paying
Not Applicable
Agent(s) (if any):
Name and address of the entities which
Not Applicable
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:
Common Depositary:
Not Applicable
Registrar:
Not Applicable
The aggregate principal amount of Notes
Not Applicable
issued has been translated into Euro at the
rate of [·] producing a sum of:













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Document Outline