Obligation BPCe 2.035% ( FR0013246105 ) en USD

BPCe

100 % ⇌

France

FR0013246105 ( en USD )

2.035% par an ( paiement trimestriel )

22/03/2022 - Obligation échue

Prospectus brochure de l'obligation BPCE FR0013246105 en USD 2.035%, échue

1 000 000 USD

10 000 000 USD

BPCE est un groupe bancaire coopératif français, le deuxième plus important du pays, constitué des réseaux Banques Populaires et Caisses d'Épargne, ainsi que de sa filiale Natixis.

L'obligation FR0013246105 émise par BPCE en France, d'une valeur nominale totale de 10 000 000 USD, avec un prix actuel de marché à 100%, un taux d'intérêt de 2,035%, une taille minimale d'achat de 1 000 000 USD, une maturité le 22/03/2022 et une fréquence de paiement de 4, est arrivée à échéance et a été remboursée.

Final Terms dated 23 March 2017

BPCE

Euro 40,000,000,000
Euro Medium Term Note Programme
for the issue of Notes

SERIES NO: 2017-15
TRANCHE NO: 1

Issue of USD 10,000,000 Floating Rate Notes due 23 March 2022 (the "Notes")

Dealer
RBC Europe Limited

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 December 2016 which received visa n°16-595 from the Autorité des marchés
financiers (the "AMF") on 21 December 2016 (the "Base Prospectus") as supplemented by the Supplements dated
16 February 2017 and 2 March 2017 which received from the AMF visa n°17-060 and n°17-082 on 16 February
2017 and 2 March 2017 (the "Base Prospectus Supplements"), which, together, constitute a base prospectus for
the purposes of the Prospectus Directive.
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 such Base Prospectus as so supplemented. 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 as so supplemented. The Base Prospectus and the Supplement(s) are available for
viewing at the office of the Fiscal Agent or each of the Paying Agents and on the website of the AMF
(www.amf-france.org) and copies may be obtained from BPCE, 50 avenue Pierre Mendès-France, 75013 Paris,
France.

1. Issuer:
BPCE
2. (i) Series Number:
2017-15
(ii)
Tranche Number:
1
3. Specified Currency or Currencies:
United States Dollars ("USD")
4. Aggregate Nominal Amount:

(i)
Series:
USD 10,000,000
(ii)
Tranche:
USD 10,000,000
5. Issue Price:
100 per cent. of the Aggregate Nominal Amount
6. Specified Denomination(s):
USD 1,000,000
7.
(i) Issue Date:
27 March 2017

(ii) Interest Commencement Date:
Issue Date
8. Interest Basis:
Three (3) month USD LIBOR + 0.84 per cent. Floating
Rate
(further particulars specified below)
9. Maturity Date:
Specified Interest Payment Date falling on or nearest to 23
March 2022
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. (i) Status of the Notes:
Senior Preferred Notes

(ii) Dates of the corporate authorisations decision of the Directoire of the Issuer dated 25 April 2016
for issuance of Notes obtained:
and decision of Mr. Jean-Philippe Berthaut, Head of Group
Funding, dated 16 March 2017
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14. Fixed Rate Note Provisions
Not Applicable

15. Floating Rate Note Provisions
Applicable

(i)
Interest Period(s):
The period beginning on (and including) the Interest
Commencement Date and ending on (but excluding) the
First Interest Payment Date and each successive period
beginning on (and including) a Specified Interest Payment
Date and ending on (but excluding) the next succeeding
Specified Interest
(ii) Specified Interest Payment Dates:
23 March, 23 June, 23 September, 23 December in each
year, subject to adjustment in accordance with the
Business Day Convention set out in (iv) below. For the
avoidance of any doubt there will be a First Short Period,
from, and including 27 March 2017 to, and
excluding, 23 June 2017.
(iii) First Interest Payment Date:
23 June 2017 subject to adjustment in accordance with the
Business Day Convention set out in (iv) below
(iv) Business Day Convention:
Modified Following Business Day Convention
(v) Interest Period Date:
Not Applicable
(vi) Business Centre(s):
London, Target 2, New York

(vii) Manner in which the Rate(s) of Screen Rate Determination
Interest is/are to be determined:
(viii) Party responsible for calculating the
Rate(s) of Interest and/or Interest
Amount(s) (if not the Calculation
Agent):
Not Applicable
(ix) Screen Rate Determination:
Applicable
Reference Rate:
Three (3) month USD LIBOR
Interest Determination Date:
Two (2) London Business Days prior to the first day of
each relevant Interest Period.
Relevant Screen Page:
Reuters Page LIBOR01
Relevant Screen Page Time:
11:00 a.m. (London time)
(x) FBF Determination
Not Applicable
(xi) ISDA Determination:
Not Applicable
(xii) Margin(s):
+0.84 per cent. per annum
(xiii) Minimum Rate of Interest:
Not Applicable
(xiv) Maximum Rate of Interest:
Not Applicable
(xv) Day Count Fraction:
Actual/360 (Adjusted)
16. Zero Coupon Note Provisions
Not Applicable

17. Inflation Linked Interest Note Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION
18. Call Option
Not Applicable

19. Put Option
Not Applicable
20. MREL/TLAC Disqualification Event Call
Option:
Not Applicable
21. Final Redemption Amount of each Note
USD 1,000,000 per Note of USD 1,000,000 Specified
Denomination
22. Inflation Linked Notes Provisions relating

Not Applicable

to the Final Redemption Amount:

23. Early Redemption Amount

(i)
Early Redemption Amount(s) of each
Senior Preferred Note payable on
redemption upon the occurrence of a
Withholding Tax Event (Condition
6(i)(i)), a Gross-Up Event (Condition
6(i)(ii)) or for illegality (Condition USD 1,000,000 per Note of USD 1,000,000 Specified
6(l):
Denomination
(ii) Early Redemption Amount(s) of each
Senior Non-Preferred Note payable on
redemption upon the occurrence of an
MREL/TLAC Disqualification Event
(Condition 6(g)) or a Withholding Tax
Event (Condition 6(i)(i)):
Not Applicable
(iii) Early Redemption Amount(s) of each
Subordinated
Note
payable
on
redemption upon the occurrence of a
Capital Event (Condition 6(h), a
Withholding Tax Event (Condition
6(i)(i) or a Tax Deductibility Event
(Condition 6(i)(iii)):
Not Applicable
(iv) Early Redemption Amount(s) of each USD 1,000,000 per Note of USD 1,000,000 Specified
Note payable on redemption upon the Denomination
occurrence of an Event of Default
(Condition 9):

(v) Redemption for taxation reasons
permitted on days others than Interest
Payment Dates (Condition 6(i)):
No
(vi) Unmatured Coupons to become void
upon early redemption (Materialised
Bearer Notes only) (Condition 7(f)):
Not Applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
24. Form of Notes:
Dematerialised Notes
(i)
Form of Dematerialised Notes:
Bearer form (au porteur)
(ii) Registration Agent:
Not Applicable
(iii) Temporary Global Certificate:
Not Applicable

(iv) Applicable TEFRA exemption:
Not Applicable

25. Financial Centre(s):
Not Applicable

26. Talons for future Coupons or Receipts to be
attached to Definitive Notes (and dates on
which such Talons mature):
Not Applicable.
27. Details relating to Instalment Notes: amount
of each instalment, date on which each
payment is to be made:
Not Applicable

28. Redenomination provisions:
Not Applicable
29. Purchase in accordance with Article L.213-1 Applicable
A and D.213-1 A of the French Code
monétaire et financier:
30. Consolidation provisions:
Not Applicable
31. Waiver of Set-Off :
Applicable
32. Masse:
Contractual Masse shall apply
Name and address of the Representative:

MCM AVOCAT, Selarl d'avocats interbarreaux inscrite au
Barreau de Paris
10, rue de Sèze
75009 Paris
France
Represented by Maître Antoine Lachenaud, Co-gérant
associé

Name and address of the alternate Representative:
Maître Philippe Maisonneuve
Avocat
10, rue de Sèze
75009 Paris
France
The Representative will receive a remuneration of
Euro 2,000 (excluding VAT) per year.

RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of BPCE
Duly represented by: Jean-Philippe Berthaut, Head of Group Funding

PART B OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING
(i) Listing and Admission to trading:
Application is expected to be made by the Issuer (or on its
behalf) for the Notes to be listed and admitted to trading on
Euronext Paris with effect from the Issue Date.

(ii) Estimate of total expenses related
to admission to trading:
Euro 3 850

2.
RATINGS
Ratings:
Not Applicable

3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed 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.
FLOATING RATE NOTES ONLY - HISTORIC INTEREST RATES
Details of historic LIBOR rates can be obtained from Reuters Screen Page LIBOR01.

9.
OPERATIONAL INFORMATION
ISIN:
FR0013246105
Common Code:
158488876
Depositaries:

(i) Euroclear France to act as Central
Depositary:
Yes
(ii) Common Depositary for Euroclear
and Clearstream:

No
Any clearing system(s) other than Not Applicable
Euroclear and Clearstream and the
relevant identification number(s):
Delivery:
Delivery free of payment

Names and addresses of additional

Paying Agent(s) (if any):
Not Applicable

10. DISTRIBUTION

(i) Method of distribution:
Non-syndicated

(ii) If syndicated:

(A) Names of Managers:
Not Applicable

(B) Stabilising Manager(s) if any:
Not Applicable

(iii) If non-syndicated, name and
RBC Europe Limited
address of Dealer:
Riverbank House
2 Swan Lane
London EC4R 3BF

(iv) US Selling Restrictions
Reg. S Compliance Category 2 applies to the Notes; TEFRA
(Categories of potential investors to
not applicable
which the Notes are offered):