Obligation BNP Paribas SA 0.5% ( FR0013434776 ) en EUR

BNP Paribas SA

100 % ▲

France

FR0013434776 ( en EUR )

0.5% par an ( paiement annuel )

14/07/2025

Prospectus brochure de l'obligation BNP Paribas FR0013434776 en EUR 0.5%, échéance 14/07/2025

15/07/2025 ( Dans 53 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 EUR, avec le code ISIN FR0013434776, paye un coupon de 0.5% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 14/07/2025

PROHIBITION OF SALES TO EEA RETAIL INVESTORS The Notes are not intended to be
of ered, sold or otherwise made available to and should not be of ered, 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 2002/92/EC (as amended, the
"Insurance Mediation Directive"), where that customer would not qualify as a professional client as
defined in point (10) of Article 4(1) of MiFID I ; or (i i) not a qualified investor as defined in the
Prospectus Directive. Consequently no key information document required by Regulation (EU) No
1286/2014 (as amended, the "PRIIPs Regulation") for of ering or sel ing the Notes or otherwise
making them available to retail investors in the EEA has been prepared and therefore of ering or
sel ing the Notes or otherwise making them available to any retail investor in the EEA may be unlawful
under the PRI Ps 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, each as defined in MiFID I ; and (i ) al channels for distribution of the Notes are
appropriate. Any person subsequently of ering, sel ing or recommending the Notes (a "distributor")
should take into consideration the manufacturers' target market assessment; however, a distributor
subject to MiFID I 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 11 July 2019
BNP PARIBAS
(incorporated in France)
(the Issuer)
Legal entity identifier (LEI): R0MUWSFPU8MPRO8K5P83
Issue of EUR 1,000,000,000 Fixed to Floating Senior Non Preferred Notes due 15 July 2025
ISIN Code : FR0013434776
under the 90,000,000,000
Euro Medium Term Note Programme
(the Programme)

Any person making or intending to make an of er 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 Article 3 of
the Prospectus Directive or to supplement a prospectus pursuant to Article 16 of the Prospectus
Directive, in each case, in relation to such of er.

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 5 July 2019 which received visa n° 19-328 from the Autorité des marchés
financiers ("AMF") on 5 July 2019 and any Supplement(s) thereto approved and published on or
before the date of these Final Terms (copies of which are available as described below), which
together constitute a base prospectus for the purposes of the Directive 2003/71/EC, as amended or
superseded (the "Prospectus Directive") (the "Base Prospectus"). 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 the Base Prospectus. Ful information on the Issuer and the of er
of the Notes is only available on the basis of the combination of these Final Terms and the Base
Prospectus. The Base Prospectus, these Final Terms and any Supplement(s) to the Base Prospectus
wil be available on the AMF website (www.amf-france.org) and these Final Terms wil be available for
viewing on the website of Euronext Paris. A copy of these Final Terms and the Base Prospectus and
any Supplement(s) to the Base Prospectus wil be sent free of charge by the Issuer to any investor
requesting such documents.

1.
Issuer:
BNP Paribas
2.
(i)
Series Number:
19106
(i )
Tranche Number:
1
3.
Specified Currency:
EUR
4.
Aggregate Nominal Amount:

(i )
Series:
EUR 1,000,000,000
(i )
Tranche:
EUR 1,000,000,000
5.
Issue Price of Tranche:
99.911 per cent.
6.
Minimum Trading Size:
Not applicable
7.
(i)
Specified Denomination:
EUR 100,000
(i )
Calculation Amount:
EUR 100,000
8.
(i)
Issue Date:
15 July 2019
(i )
Interest Commencement
15 July 2019
Date:
9.
(i)
Maturity Date:
15 July 2025
(i )
Business Day Convention Not applicable
for Maturity Date:
10.
Form of Notes:
Bearer
11.
Interest Basis:
0.50 per cent. per annum Fixed Rate from and
including the Interest Commencement Date to but
excluding the Optional Redemption Date (as defined
below).
3 month EURIBOR + 0.75 per cent. Floating Rate
from and including the Optional Redemption Date to
but excluding the Maturity Date.
(Further particulars specified below)
12.
Coupon Switch:
Not applicable
13.
Redemption/Payment Basis:
Redemption at par

2

14.
Change of Interest Basis or
The initial Interest Basis shal be Fixed Rate until the
Redemption/Payment Basis:
Optional Redemption Date.
The Interest Basis subsequent to the Optional
Redemption Date shal be Floating Rate.
(further particulars specified below)
15.
Put/Cal Options:
Issuer Cal (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
(i )
Interest Periods:
As per Conditions
(i )
Interest Period End Dates:
15 July in each year until the Optional Redemption
Date (included), then 15 October 2024, 15 January
2025, 15 April 2025 and 15 July 2025.
(i i )
Business Day Convention
Not applicable (with respect to the Fixed Rate Interest
for Interest Period End
Period)
Dates:
Adjusted (with respect to the Floating Rate Interest
Period)
(iv)
Interest Payment Dates:
15 July in each year from and including 15 July 2020
to but including the Optional Redemption Date.
From but excluding the Optional Redemption Date to
the Maturity Date, 15 October 2024, 15 January 2025,
15 April 2025 and 15 July 2025
(v)
Business Day Convention
Fol owing (applicable to the Fixed Rate Interest
for Interest Payment Dates: Payment Dates)
Modified Fol owing (applicable to the Floating Rate
Interest Payment Dates)
(vi)
Party responsible for
Calculation Agent
calculating the Rate of
Interest and Interest
Amount:
(vi )
Margin:
0.75 per cent. applicable to the Floating Rate Interest
Periods only
(vi i)
Minimum Interest Rate:
0.00 per cent.
(ix )
Maximum Interest Rate:
Not applicable

3

(x )
Day Count Fraction:
Actual/Actual ICMA unadjusted (applicable to the
Fixed Rate Interest Periods)
Actual/360 adjusted (applicable to the Floating Rate
Interest Periods)
(xi )
Determination Dates:
15 July each year for the Fixed Rate Interest Period
(xi )
Accrual to Redemption:
Applicable
(xi i )
Rate of Interest:
Fixed Rate to Floating Rate
(xiv)
Coupon Rate:
Not applicable
24.
Fixed Rate Provisions:
Applicable from and including the Interest
Commencement Date to but excluding the Optional
Redemption Date
(i )
Fixed Rate of Interest:
0.50 per cent. per annum payable annual y in arrear
on each Interest Payment Date
(i )
Fixed Coupon Amount(s):
EUR 500 per Calculation Amount
(i i )
Broken Amount(s):
Not Applicable
(iv)
Resettable Notes:
Not applicable
25.
Floating Rate Provisions:
Applicable from and including the Optional
Redemption Date to the Maturity Date
(i)
Manner in which the Rate of Screen Rate Determination
Interest and Interest Amount
is to be determined:
(i )
Linear Interpolation:
Not applicable
26.
Screen Rate Determination:
Applicable
(i)
Reference Rate:
3 month EURIBOR
(i )
Interest
Determination Second TARGET2 day prior to the start of each
Date(s):
Interest Period
(i i)
Specified Time:
11:00 am, Brussels time
(iv)
Relevant Screen Page
Reuters EURIBOR01
27.
ISDA Determination:
Not applicable
28.
FBF Determination:
Not applicable
29.
Zero Coupon Provisions:
Not applicable
30.
Index Linked Interest Provisions:
Not applicable
31.
Share Linked/ETI Share Linked
Not applicable
Interest Provisions:
32.
Inflation Linked Interest Provisions: Not applicable
33.
Commodity Linked Interest
Not applicable
Provisions:
34.
Fund Linked Interest Provisions:
Not applicable
35.
ETI Linked Interest Provisions:
Not applicable
36.
Foreign Exchange (FX) Rate Linked Not applicable
Interest Provisions:
37.
Underlying Interest Rate Linked
Not applicable
Interest Provisions:

4

38.
Additional Business Centre(s)
TARGET2
(Condition 3(e) of the Terms and
Conditions of the English Law Notes
or Condition 3(e) of the Terms and
Conditions of the French Law Notes,
as the case may be):
PROVISIONS RELATING TO REDEMPTION
39.
Final Redemption:
Calculation Amount x 100 per cent.
40.
Final Payout:
Not applicable
41.
Automatic Early Redemption:
Not applicable
42.
Issuer Cal Option:
Applicable
(i)
Optional Redemption Date(s): The Interest Payment Date fal ing on 15 July 2024
(the "Optional Redemption Date")
(i )
Optional Redemption
Not applicable
Valuation Date(s):
(i i) Optional Redemption
Calculation Amount x 100 per cent.
Amount(s):
(iv) If redeemable in part:

(a) Minimum Redemption
Not applicable
Amount:
(b) Higher Redemption
Not applicable
Amount:
(v)
Notice period:
Minimum notice period: 30 calendar days

Maximum notice period: 45 calendar days
43.
Noteholder Put Option:
Not applicable
44.
Aggregation:
Not applicable
45.
Index Linked Redemption Amount:
Not applicable
46.
Share Linked/ETI Share Linked
Not applicable
Redemption Amount:
47.
Inflation Linked Redemption
Not applicable
Amount:
48.
Commodity Linked Redemption
Not applicable
Amount:
49.
Fund Linked Redemption Amount:
Not applicable
50.
Credit Linked Notes:
Not applicable
51.
ETI Linked Redemption Amount:
Not applicable
52.
Foreign Exchange (FX) Rate Linked Not applicable
Redemption Amount:
53.
Underlying Interest Rate Linked
Not applicable
Redemption Amount:

54.
Events of Default for Senior Not applicable
Preferred Notes:

55.
Administrator/Benchmark Event:
Not applicable

5

56.
Early Redemption Amount(s):
Article 45b2(b) BRRD: Not applicable
Final Redemption Amount
57.
Provisions applicable to Physical
Not applicable
Delivery:
58.
Variation of Settlement:

(i )
Issuer's option to vary
The Issuer does not have the option to vary set lement
settlement:
in respect of the Notes.
(i )
Variation of Settlement of
Not applicable
Physical Delivery Notes:
59.
CNY Payment Disruption Event:
Not applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
60.
Form of Notes:
Bearer Notes:
New Global Note:
No

Dematerialised Notes

Bearer dematerialised form (au porteur).
61.
Financial Centre(s) or other special TARGET2
provisions relating to Payment Days
for the purposes of Condition 4(a):
62.
Talons for future Coupons or
No
Receipts to be attached to definitive
Notes (and dates on which such
Talons mature):
63.
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
dif erent 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:
64.
Details relating to Notes redeemable Not applicable
in instalments: amount of each
instalment, date on which each

payment is to be made:
65.
Redenomination, renominalisation Not applicable
and reconventioning provisions:
66.
Masse (Condition 12 of the Terms Contractual representation of Noteholders/No Masse
and Conditions of the French Law shal apply.
Notes):
67.
Governing law:
French law
68.
Calculation Agent:
BNP Paribas Securities Services

6

PART B OTHER INFORMATION

1.
Listing and Admission to trading

(i)
Listing and admission to trading:
Application wil be made by the Issuer (or on its
behalf) for the Notes to be admit ed to trading
on Euronext Paris with ef ect on the Issue Date
(i )
Estimate of total expenses related EUR 5,075
to admission to trading:
2.
Ratings

Ratings:
The Notes to be issued are expected to be
rated:
- Baa1 by Moody's Investors Services Ltd.
("Moody's"),
- A- by S&P Global Ratings Europe Limited
("S&P"),
- A+ by Fitch France S.A.S. ("Fitch") and
- A (High) by DBRS Limited ("DBRS").

Each of Moody's, S&P, Fitch and DBRS is
established in the European Union and is
registered under Regulation (EC) No.
1060/2009 (as amended).
3.
Interests of Natural and Legal Persons Involved in the Issue
"Save for the fees payable to the Managers so far as the Issuer is aware, no person involved
in the of er of the Notes has an interest material to the of er."
4.
Fixed Rate Notes only  Yield

Indication of yield:
0.518 per cent. per annum up to the Optional
Redemption Date

The yield is calculated at the Issue Date on the
basis of the Issue Price. It is not an indication of
future yield
5.
Floating Rate Notes only Historic Interest Rates
Details of historic 3 month EURIBOR rates can be obtained from Reuters.
6.
Operational Information

(i)
ISIN:
FR0013434776
(i )
Common Code:
202884652
(i i)
Any clearing system(s) other than
Not applicable
Euroclear France, Euroclear and
Clearstream, Luxembourg approved
by the Issuer and the Principal
Paying Agent and the relevant
identification number(s):
(iv)
Delivery:
Delivery against payment
(v)
Additional Paying Agent(s) (if any):
Not applicable

8

(vi)
Intended to be held in a manner
No. Whilst the designation is specified as
which would al ow Eurosystem
"no" at the date of these Final Terms, should
eligibility:
the Eurosystem eligibility criteria be amended
in the future such that the Notes are capable
of meeting them the Notes may then be
deposited with one of the ICSDs as common
safe-keeper. Note that this does not
necessarily mean that the Notes wil then be
recognised as eligible col ateral for
Eurosystem monetary policy and intra day
credit operations by the Eurosystem at any
time during their life. Such recognition will
depend upon the ECB being satisfied that
Eurosystem eligibility criteria have been met.
(vi )
Name and address of Registration
Not applicable
Agent:
7.
EU Benchmarks Regulation
EU Benchmarks Regulation: Article Applicable: Amounts payable under the Notes wil ,
29(2) statement on benchmarks:
from and including the Optional Redemption Date to
the Maturity Date, be calculated by reference to 3
month EURIBOR, which is provided by the
European money market institute (EMMI).
As at the date of these Final Terms, EMMI is
included in the register of Administrators and
Benchmarks established and maintained by the
European Securities and Markets Authority pursuant
to article 36 of the Benchmarks Regulation
(Regulation (EU) 2016/1011).

9

Document Outline

#1">PA-#23269171-v8-BNPP_-_Series_19106_-_Final_Terms.pdf
#7">FT signature page.pdf
#8">PA-#23269171-v8-BNPP_-_Series_19106_-_Final_Terms