Obligation BNP Paribas SA 0.148% ( CH1125186663 ) en CHF

BNP Paribas SA

100 % ▲

France

CH1125186663 ( en CHF )

0.148% par an ( paiement annuel )

12/07/2027

Prospectus brochure de l'obligation BNP Paribas CH1125186663 en CHF 0.148%, échéance 12/07/2027

200 000 CHF

230 000 000 CHF

13/07/2026 ( Dans 251 jours )

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 CHF, avec le code ISIN CH1125186663, paye un coupon de 0.148% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 12/07/2027

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 (i ) a customer within the meaning of Directive (EU) 2016/97 (the "Insurance Distribution
Directive"), where that customer would not qualify as a professional client as defined in point (10) of
Article 4(1) of MiFID II; or (i i) not a qualified investor as defined in the Prospectus Regulation.
Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended,
the "PRIIPs Regulation") for offering or sel ing 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 the
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 (i ) 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 manufacturer's 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 manufacturer's target market assessment) and determining
appropriate distribution channels.
NO PROSPECTUS IS REQUIRED IN ACCORDANCE WITH REGULATION (EU) 2017/1129, AS
AMENDED, AND/OR THE FINANCIAL SERVICES AND MARKETS ACT 2000 FOR THE ISSUE OF
NOTES DESCRIBED BELOW.
Final Terms dated 12 July 2021
BNP PARIBAS
(incorporated in France)
(the Issuer)
Legal entity identifier (LEI): R0MUWSFPU8MPRO8K5P83
Issue of CHF 230,000,000 0.1475 per cent. p.a. Fixed Rate Senior Non Preferred Notes
due 13 July 2027
ISIN Code: CH1125186663
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 either of Article 3
of the Prospectus Regulation or section 85 of the FSMA or to supplement a prospectus pursuant to
either of Article 23 of the Prospectus Regulation or Article 23 of the UK Prospectus Regulation, 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 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 French Law Notes" in the Base
Prospectus dated 2 July 2021 which received approval n° 21-273 from the Autorité des marchés financiers on
2 July 2021 (the "Base Prospectus").
This document constitutes the Final Terms of the Notes described herein and must be read in conjunction with
the Base Prospectus, the Terms and Conditions set forth therein and the prospectus dated 12 July 2021
prepared for the listing of the Notes according to the Standard for Bonds of SIX Swiss Exchange (the "Swiss
Prospectus") to obtain all the relevant information.
The Swiss Prospectus has been prepared in accordance with the Swiss Financial Services Act (the "FinSA")
and in reliance on an exemption pursuant to article 51(2) of the FinSA. The Swiss Prospectus will not be
updated for any developments that occur after its date. In particular, the Swiss Prospectus is not required to
be updated as per the date of approval by any Swiss review body pursuant to article 52 of the FinSA.
Full information on the Issuer and the Notes is only available on the basis of the combination of these Final
Terms, the Base Prospectus and the Swiss Prospectus (including any documents incorporated by reference
in the Base Prospectus or in the Swiss Prospectus). These documents are available for viewing at, and copies
may be obtained from, BNP Paribas (Suisse) SA, 2, place de Hol ande, 1204 Geneva, Switzerland.

1.
Issuer:
BNP Paribas
2.
(i)
Trade Date:
6 July 2021

Series Number:
19556

Tranche Number:
1
3.
Specified Currency:
Swiss Francs ("CHF")
4.
Aggregate Nominal Amount:

Series:
CHF 230,000,000

Tranche:
CHF 230,000,000
5.
Issue Price of Tranche:
100 per cent. of the Aggregate Nominal Amount (before
commissions and expenses)
6.
Minimum Trading Size:
Not applicable
7.
(i)
Specified Denominations:
CHF 200,000

Calculation Amount:
CHF 200,000
8.
(i)
Issue Date:
13 July 2021

Interest Commencement
Issue Date
Date:
9.
(i)
Maturity Date:
13 July 2027
(i )
Business Day Convention Not applicable

for Maturity Date:
10.
Form of Notes:
Bearer Notes
11.
Interest Basis:
0.1475 per cent. Fixed Rate per annum
(further particulars specified below)
12.
Coupon Switch:
Not applicable
13.
Redemption/Payment Basis:
Redemption at par

2

14.
Change of Interest Basis or
Not applicable
Redemption/Payment Basis:
15.
Put/Call Options:
Issuer Call
(further particulars specified below)
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(e) (No Gross-Up) of the Terms and
Conditions of the French Law Notes not applicable
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
23.
Interest:
Applicable

Interest Period(s):
As per Conditions

Interest Period End Date(s):
13 July in each year

Business Day Convention for
Not applicable
Interest Period End Date(s):

Interest Payment Date(s):
13 July in each year from and including 13 July 2022 up
to and including the Maturity Date.

Business Day Convention for
Following
Interest Payment Date(s):

Party responsible for
Swiss Paying Agent
calculating the Rate(s) of
Interest and Interest
Amount(s) :

Margin(s):
Not applicable

Minimum Interest Rate:
Not applicable

Maximum Interest Rate:
Not applicable

Day Count Fraction:
30/360 (following unadjusted)

Determination Dates:
Not applicable

Accrual to Redemption:
Applicable

Rate of Interest:
Fixed Rate

Coupon Rate:
Not applicable
24.
Fixed Rate Provisions:
Applicable

Fixed Rate of Interest:
0.1475 per cent. per annum payable annual y in arrear on
each Interest Payment Date

Fixed Coupon Amount(s):
CHF 295 per Calculation Amount

Broken Amount(s):
Not applicable
25.
Resettable Notes:
Not applicable
26.
Floating Rate Provisions:
Not applicable

3

27.
Screen Rate Determination:
Not applicable
28.
ISDA Determination:
Not applicable
29.
FBF Determination:
Not applicable
30.
Zero Coupon Provisions:
Not applicable
31.
Index Linked Interest Provisions:
Not applicable
32.
Share Linked/ETI Share Linked
Not applicable
Interest Provisions:
33.
Inflation Linked Interest Provisions:
Not applicable
34.
Commodity Linked Interest Provisions: Not applicable
35.
Fund Linked Interest Provisions:
Not applicable
36.
ETI Linked Interest Provisions:
Not applicable
37.
Foreign Exchange (FX) Rate Linked
Not applicable
Interest Provisions:
38.
Underlying Interest Rate Linked
Not applicable
Interest Provisions:
39.
Additional Business Centre(s)
Zurich
(Condition 3(f) of the Terms and
Conditions of the English Law Notes
and Condition 3(f) of the Terms and
Conditions of the French Law Notes):
PROVISIONS RELATING TO REDEMPTION
40.
Final Redemption Amount:
Calculation Amount x 100 per cent.
41.
Final Payout:
Not applicable
42.
Automatic Early Redemption:
Not applicable
43.
Issuer Call Option:
Applicable

Optional Redemption Date(s):
13 July 2026

Optional Redemption
Not applicable
Valuation Date(s):

Optional Redemption
Calculation Amount x 100 per cent.
Amount(s):

If redeemable in part:

(a)
Minimum Redemption
Not applicable
Amount:
(b)
Higher Redemption
Not applicable
Amount:

Notice period:
Minimum notice period: 30 calendar days

Maximum notice period: 45 calendar days
44.
Noteholder Put Option:
Not applicable
45.
Aggregation:
Not applicable
46.
Index Linked Redemption Amount:
Not applicable
47.
Share Linked/ETI Share Linked
Not applicable
Redemption Amount:

4

48.
Inflation Linked Redemption Amount:
Not applicable
49.
Commodity Linked Redemption
Not applicable
Amount:
50.
Fund Linked Redemption Amount:
Not applicable
51.
Credit Linked Notes:
Not applicable
52.
ETI Linked Redemption Amount:
Not applicable
53.
Foreign Exchange (FX) Rate Linked Not applicable
Redemption Amount:

54.
Underlying Interest Rate Linked
Not applicable
Redemption Amount:
55.
Events of Default for Senior Preferred Not applicable
Notes:
56.
Administrator/Benchmark Event:
Not applicable
57.
Early Redemption Amount(s):
Article 45b2(b) BRRD: Not applicable
Final Redemption Amount
58.
Provisions applicable to Physical
Not applicable
Delivery:
59.
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
Physical Delivery Notes:
60.
CNY Payment Disruption Event:
Not applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
61.
Form of Notes:
Bearer Notes:
The Notes are issued in uncertificated and dematerialised
book-entry form.
For the purpose of this Series only, Condition 1 of the
Terms and Conditions of the Notes shall be amended
and supplemented as follows:
"The Aggregate Principal Amount of the Notes of
CHF 230,000,000
is
divided
into
Notes
with
denominations of CHF 200,000 (two hundred thousand
Swiss francs) per Note.
The Notes are issued in uncertificated and dematerialised
book-entry form (inscription en compte), registered with
the Intermediary (as defined below) and held as
intermediated
securities
(the
"Intermediated
Securities") (Bucheffekten) in accordance with the Swiss
Federal
Intermediated
Securities
Act
("FISA")
(Bucheffektengesetz).
Neither a global certificate nor definitive securities or any
other certificate representative of the Notes wil be issued

5

in respect of the Notes, and the Terms and Conditions
shal be construed accordingly.
The Notes wil be created by the Issuer as uncertificated
and dematerialised securities. The Notes will then be
entered into the main register (Hauptregister) of SIX SIS
Ltd ("SIX SIS") or any other intermediary in Switzerland
recognised for such purposes by SIX Swiss Exchange
(SIX SIS or such other intermediary, the "Intermediary").
Once the Notes are registered in the main register
(Hauptregister) of the Intermediary, and the Intermediary
has credited the respective rights to securities accounts
of the relevant participants with the Intermediary, the
Notes will constitute Intermediated Securities.
The records of the Intermediary will determine the number
of Notes held through each participant in that
Intermediary. In respect of the Notes held in the form of
Intermediated Securities, the holders of the Notes (the
"Holders") will be the persons holding the Notes in a
securities account which is in their name, or in the case
of intermediaries holding the Notes for their own account
in a securities account which is in their name.
So long as the Notes remain registered with the
Intermediary, the Notes may only be transferred or
otherwise disposed of in accordance with the provisions
of the FISA, i.e. by the entry of the transferred Notes in a
securities account of the transferee.
Neither the Issuer nor the Holders shal at any time have
the right to effect or demand the conversion of the
uncertificated and dematerialised Notes into, or the
delivery of, a permanent global note or definitive notes.
Subject to the below provision, no printing of Notes in
definitive form will occur.
If (i) the Swiss Paying Agent deems the printing of Notes
in definitive form and, if applicable, coupons for the
payment of interest or premium amount ("Coupons"), to
be necessary or useful, or (i ) the presentation of
securities in definitive form or, if applicable, Coupons, is
required by Swiss or foreign laws in connection with the
enforcement of rights (including in cases of bankruptcy,
consolidation or reorganization of the Issuer), the Swiss
Paying Agent shal determine the form of such definitive
notes and, if applicable, Coupons, as wel as any
necessary technical changes required to these Terms and
Conditions."
New Global Note:
No
62.
Financial Centre(s) or other special
Zurich and TARGET2
provisions relating to Payment Days
for the purposes of Condition 4(a) of
the Terms and Conditions of the

6

English Law Notes or Condition 4(b) of
the Terms and Conditions of the
French Law Notes, as the case may
be:
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
Not applicable
in instalments: amount of each
instalment, date on which each
payment is to be made:
66.
Redenomination, renominalisation and Not applicable
reconventioning provisions:
67.
Masse (Condition 12 of the Terms and Contractual representation of Noteholders/No Masse
Conditions of the French Law Notes):
shal apply
68.
Governing law:
French law
69.
Calculation Agent:
Swiss Paying Agent
DISTRIBUTION

70.
(i)
If syndicated, names and
Joint Lead Managers:
addresses of Managers:
BNP Paribas (Suisse) SA
2, place de Hol ande
1204 Geneva
Switzerland
Zürcher Kantonalbank
Bahnhofstrasse 9
8001 Zurich
Switzerland
Co-Lead Manager:
Credit Suisse AG
Paradeplatz 8
8001 Zurich
Switzerland
(i )
Date of Subscription
12 July 2021
Agreement:
(i i)
Stabilisation Manager (if any):
Not applicable
(iv)
If non-syndicated, name of
Not applicable
relevant Dealer:
71.
Total commission and concession:
0.250 per cent. of the Aggregate Nominal Amount

7

72.
U.S. Sel ing Restrictions:
Reg. S Compliance Category 2; TEFRA D in accordance
with Swiss practice
73.
Additional Canadian sel ing
Not applicable
restrictions:
74.
Other terms or special conditions:
(See also section 60 above)

The following shall (for the purpose of this Series of
Notes only) be added to the opening lines of the
Terms and Conditions on page 215 of the Base
Prospectus:
"For the purpose of the Notes the Issuer has, together
with BNP Paribas Securities Services, BNP Paribas
Arbitrage S.N.C., and BNP Paribas (Suisse) SA (the
"Swiss Paying Agent"), entered into a supplemental
agency agreement (the "Supplemental Agency
Agreement").
For the purpose of the Notes, any reference in the Terms
and Conditions of the Notes to the "Principal Paying
Agent" shall, so far as the context permits, be construed
as reference to the Swiss Paying Agent.
In relation to the Notes, the address of the Swiss Paying
Agent is BNP Paribas (Suisse) SA, 2, place de Hollande,
1204 Geneva, Switzerland."

Condition 4 of the Terms and Conditions shall be
amended and restated (for the purpose of this Series
of Notes only) as follows:
"Payments of principal and interest in respect of the
Notes shal be made only at the offices of the Swiss
Paying Agent in Switzerland in freely disposable Swiss
Francs without collection costs and whatever the
circumstances may be, irrespective of nationality,
domicile or residence of the Noteholder and without
requiring any certification, affidavit or the fulfilment of any
other formality. Payments on the Notes wil also be made
irrespective of any present or future transfer restrictions
and regardless of any bilateral or multilateral payment or
clearing agreement which may be applicable at any time
to such payment. The receipt in full by the Swiss Paying
Agent of the due and punctual payment of the funds in
Swiss Francs in Geneva in the manner provided by the
Conditions and these Final Terms shal release the Issuer
from its obligation under the Notes for the payment of
principal and interest due on the respective payment
dates to the extent of such payments.

8

In respect of the Notes, the Issuer wil at all times
maintain a Swiss paying agent having a specified office
in Switzerland and will at no time appoint a Swiss paying
agent having a specified office outside Switzerland.
Subject to the above, the Issuer is entitled to vary or
terminate the appointment of the Swiss Paying Agent
and/or approve any change in the specified office
through which it acts."

Condition 11 of the Terms and Conditions of the
Notes shall be amended and supplemented (for the
purpose of this Series of Notes only) as follows:
"So long as the Notes are listed on SIX Swiss Exchange
and so long as the rules of SIX Swiss Exchange so
require, al notices regarding the Notes and the Coupons
must be published (i) on the internet website of SIX
Exchange
Regulation
(https://www.ser-
ag.com/en/resources/notifications-market-
participants/official-notices.html#/) or (i ) otherwise in
accordance with the regulations of SIX Swiss Exchange.
Any notices so given will be deemed to have been validly
given on the date of such publication or if published more
than once, on the first date of such publication."
75.
United States Tax Considerations
The Notes are not Specified Securities for the purpose of
Section 871(m) of the U.S. Internal Revenue Code of
1986
76.
Prohibition of Sales to Retail Investors: Prohibition of Sales to EEA Retail Investors:
Applicable
Prohibition of Sales to UK Retail Investors:
Applicable

Responsibility
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer:

By: ____________________________
Duly authorised

9

PART B OTHER INFORMATION

1.
Listing and Admission to trading

(i)
Listing and admission to trading: Listing of the Notes on the Standard for Bonds at SIX
Swiss Exchange will be applied for. Application has
been made by the Issuer (or on its behalf) for the Notes
to be admitted to provisional trading on SIX Swiss
Exchange with effect from 12 July 2021. The last trading
will be 9 July 2027.
(i )
Estimate of total expenses Not applicable
related to admission to trading:
2.
Ratings

Ratings:
The Notes to be issued are expected to be rated as
follows:
S&P Global Ratings Europe Limited, French branch
("S&P"): A-
Moody's France S.A.S. ("Moody's"): Baa1
Fitch Ratings Ireland Limited ("Fitch"): A+
DBRS Ratings GmbH ("DBRS"): A (High)
S&P, Moody's, Fitch and DBRS are established in the
European Union and each of S&P, Moody's, Fitch and
DBRS is registered under Regulation (EC) No.
1060/2009 (as amended).
According to S&P's definitions, an obligation rated 'A' is
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 stil strong. The addition of a plus (+)
or minus (-) sign shows relative standing within the
rating categories.
According to Moody's' definitions, obligations rated Baa
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.
According to Fitch's definitions, `A' ratings denote
expectations of low default risk. The capacity for
payment of financial commitments is considered strong.
This capacity may, nevertheless, be more vulnerable to
adverse business or economic conditions than is the
case for higher ratings. The modifier "+" is appended to
denote relative status within major rating categories.
According to DBRS' definitions, `A' rating means good
credit quality. The capacity for the payment of financial
obligations is substantial, but of lesser credit quality than
AA. May be vulnerable to future events, but qualifying
negative factors are considered manageable. Al rating

10