Obligation Groupe BPCE 0.85% ( FR0013246493 ) en DKK

Groupe BPCE

100 % ⇌

France

FR0013246493 ( en DKK )

0.85% par an ( paiement trimestriel )

28/03/2022 - Obligation échue

Prospectus brochure de l'obligation BPCE FR0013246493 en DKK 0.85%, échue

1 000 000 DKK

1 000 000 000 DKK

Deuxième groupe bancaire en France, regroupant les réseaux Banque Populaire et Caisse d'Épargne.

L'Obligation émise par Groupe BPCE ( France ) , en DKK, avec le code ISIN FR0013246493, paye un coupon de 0.85% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 28/03/2022

Final Terms dated 24 March 2017

BPCE

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

SERIES NO: 2017-16
TRANCHE NO: 1

Issue of DKK 1,000,000,000 Floating Rate Senior Non-Preferred Notes due 28 March 2022 (the "Notes")

Dealer
Nykredit Bank A/S

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"), and the supplements to the Base
Prospectus dated 16 February 2017 and 2 March 2017 which received from the AMF visa n°17-060 and visa n°17-
082 on 16 February 2017 and 2 March 2017 (the "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 Supplements 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:
2017-16
(ii)
Tranche Number:
1
3. Specified Currency or Currencies:
Danish kroner ("DKK")
4. Aggregate Nominal Amount:

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

(ii) Interest Commencement Date:
Issue Date
8. Interest Basis:
Three (3) month CIBOR + 0.85% per cent. Floating Rate
(further particulars specified below)
9. Maturity Date:
The Specified Interest Payment Date falling
on or nearest to 28 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 Non-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 Jean-Philippe BERTHAUT, Head of Group
Funding, dated 17 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 Payment Date
(ii) Specified Interest Payment Dates:
28 March, 28 June, 28 September and 28 December in
each year, subject to adjustment in accordance with the
Business Day Convention set out in (iv) below
(iii) First Interest Payment Date:
28 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):
Copenhagen and TARGET
(vii) Manner in which the Rate(s) of Interest Screen Rate Determination
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 CIBOR
Interest Determination Date:
Second Business Day in Copenhagen prior to the first day
in each Interest Accrual Period
Relevant Screen Page:
Reuters page: Cibor=
Relevant Screen Page Time:
11.00 a.m. (Copenhagen time)
(x) FBF Determination
Not Applicable
(xi) ISDA Determination:
Not Applicable

(xii) Margin(s):
+ 0.85 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:
Applicable
21. Final Redemption Amount of each Note
DKK 1,000,000 per Note of DKK 1,000,000 Specified
Denomination
22. Inflation Linked Notes Provisions relating

to the Final Redemption Amount:
Not Applicable

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
6(l):
Not Applicable
(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 DKK 1,000,000 per Note of DKK 1,000,000 Specified
Event (Condition 6(i)(i)):
Denomination
(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
Note payable on redemption upon the Not Applicable
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):
Copenhagen and TARGET
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
A and D.213-1 A of the French Code
monétaire et financier:
Applicable
30. Consolidation provisions:
Not Applicable
31. Waiver of Set-Off :
Applicable
32. Masse:
Contractual Masse shall apply
Name and address of the Representative:

The initial Representative will be:
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 has been 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:
EUR 4,150

2.
RATINGS
Ratings:
The Notes to be issued have been rated:
S&P: BBB+

S&P is established in the European Union and registered under
Regulation (EC) No 1060/2009 as amended.

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.
OPERATIONAL INFORMATION
ISIN:
FR0013246493
Common Code:
158541505
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

5.
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
Nykredit Bank A/S
address of Dealer:
Kalvebod Brygge 1-3
DK-1780 Copenhagen V

(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):