Obligation BPCe 5.44% ( FR0013252426 ) en CNY

BPCe

100 % ⇌

France

FR0013252426 ( en CNY )

5.44% par an ( paiement annuel )

20/04/2022 - Obligation échue

Prospectus brochure de l'obligation BPCE FR0013252426 en CNY 5.44%, échue

1 000 000 CNY

80 000 000 CNY

BPCE est un groupe bancaire coopératif français, deuxième acteur bancaire en France, composé notamment des réseaux bancaires Caisse d'Epargne et Banque Populaire.

L'obligation française FR0013252426 émise par BPCE, d'un montant total de 80 000 000 CNY avec un prix au marché de 100% et un coupon de 5,44%, échéant le 20/04/2022 par tranches minimales de 1 000 000 CNY et avec une fréquence de paiement annuel, est arrivée à maturité et a été remboursée.

Final Terms dated 19 April 2017

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

Series No.: 2017-19
Tranche No.: 1
Issue of CNY 80,000,000 5.44 per cent. Fixed Rate Notes due 21 April 2022 (the "Notes")

Dealer
Natixis

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 first supplement to the Base Prospectus dated 16 February
2017 which received visa n°17-060 from the AMF on 16 February 2017, the second
supplement to the Base Prospectus dated 3 March 2017 which received visa n°17-082 from
the AMF on 3 March 2017 and the third supplement to the Base Prospectus dated 29 March
2017 which received visa n°17-118 from the AMF on 29 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:
2017-19
(ii)
Tranche Number:
1
3.
Specified Currency or Currencies:
References to "CNY" or ""Renminbi" are to
the lawful currency of the People's Republic
of China.
4.
Aggregate Nominal Amount of
Notes:

(i)
Series:
CNY 80,000,000
(ii)
Tranche:
CNY 80,000,000
5.
Issue Price:
100.00 per cent. of the Aggregate Nominal
Amount
6.
Specified Denomination:
CNY 1,000,000
7.
(i)
Issue Date:
21 April 2017
(ii)
Interest
Commencement
Date:
Issue Date
8.
Interest Basis:
5.44 per cent. per annum Fixed Rate
(further particulars specified below)
9.
Maturity Date:
21 April 2022
2

10.
Redemption/Payment 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 or

Redemption/Payment Basis:
Not Applicable
12.
Put/Call Options:
Not Applicable
13.
(i)
Status of the Notes:
Senior Preferred Notes
(ii)
Date
of
corporate
authorisations for issuance Decisions of the Directoire of the Issuer
of Notes obtained:
dated 25 April 2016 and decision of Mr.
Jean-Philippe Berthaut, Head of Group
Funding, dated 12 April 2017
PROVISIONS RELATING TO INTEREST PAYABLE
14.
Fixed Rate Note Provisions:
Applicable
(i)
Rate of Interest:
5.44 per cent. per annum in arrear on each
Interest Payment Date
(ii)
Resettable:
Not Applicable
(iii)
Interest Payment Dates:
21 April in each year commencing on 21
April 2018 up and including Maturity Date,
all adjusted in accordance with the Business
Day Convention specified below
(iv)
Fixed Coupon Amount(s):
Not Applicable
(v)
Broken Amount:
Not Applicable
(vi)
Day Count Fraction:
Actual/365 (Fixed), non-adjusted
(vii) Determination Dates:
Not Applicable

(viii) Business Day Convention:
Modified Following Business Day
Convention

(ix)
Party
responsible
for
calculating Interest Amounts
(if not the Calculation Agent): Not Applicable

(x)
Payments on Non-Business
Days:
As per the Conditions
15.
Floating Rate Note Provisions:
Not Applicable
16.
Zero Coupon Note Provisions:
Not Applicable
17.
Inflation-Linked
Interest
Note
Provisions:

Not Applicable
3

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:
CNY 1,000,000 per Note of CNY 1,000,000
Specified Denomination
22.
Inflation Linked Notes Provisions
relating to the Final Redemption Not Applicable
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 CNY 1,000,000 per Note of CNY 1,000,000
6(l):
Specified 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) CNY 1,000,000 per Note of CNY 1,000,000
of each Note payable on redemption Specified Denomination
upon the occurrence of an Event of
Default (Condition 9):

(v)
Redemption
for
taxation
reasons permitted on days others than
Interest Payment Dates (Condition Yes
6(i)):

(vi)
Unmatured
Coupons
to
become void upon early redemption
(Materialised Bearer Notes only) Not Applicable
(Condition 7(f)):
4

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):
Beijing, Hong Kong, New York 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 Applicable
the French Code monétaire et
financier:
30.
Consolidation provisions:
Not Applicable
31.
Waiver of Set-Off :
Applicable
5

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

6

PART B OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING

(i) Listing and Admission to
Application has been made by the Issuer (or on its
trading:
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 8,850
2. RATINGS

Ratings:
The Notes to be issued have been rated:
S&P: A
Moody's: A2
Fitch: A
Each of S&P, Moody's and Fitch are 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. YIELD
Indication of yield:
5.44 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.
7

5. OPERATIONAL INFORMATION

ISIN:
FR0013252426
Common Code:
160053950
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 Not Applicable
additional Paying Agent(s) (if
any):

6. DISTRIBUTION

(i) Method of distribution:
Non-syndicated

(ii) If syndicated:

(A) Names of Managers:
Not Applicable

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

(iii) If non-syndicated, name
Natixis
and address of Dealer:
30 avenue Pierre Mendès-France, 75013 Paris

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

8