Obligation BPCe 0.222% ( FR0013528726 ) en EUR

BPCe

100 % ⇌

France

FR0013528726 ( en EUR )

0.222% par an ( paiement trimestriel )

11/08/2022 - Obligation échue

Prospectus brochure de l'obligation BPCE FR0013528726 en EUR 0.222%, échue

100 000 EUR

100 000 000 EUR

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

Le 11 août 2022, l'obligation de BPCE (FR0013528726), émise en France pour un montant total de 100 000 000 EUR, avec un prix de marché de 100 %, un taux d'intérêt de 0,222 %, une taille minimale d'achat de 100 000 EUR et une fréquence de paiement de 4, est arrivée à échéance et a été intégralement remboursée.

MIFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ELIGIBLE
COUNTERPARTIES ONLY TARGET MARKET 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
referred to 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 only, each as defined in
Directive 2014/65/EU, as amended ("MiFID II"); and (ii) all channels for distribution of the Notes to eligible
counterparties and professional clients 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.

Final Terms dated 10 August 2020

BPCE
Legal Entity Identifier (LEI): 9695005MSX1OYEMGDF46
Euro 40,000,000,000
Euro Medium Term Note Programme
for the issue of Notes

SERIES NO: 2020-31
TRANCHE NO: 1
Euro 100,000,000 Floating Rate Senior Preferred Notes due August 2022 (the "Notes")

UNICREDIT BANK

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 November 2019 which received approval number n°19-539 from the
Autorité des marchés financiers (the "AMF") on 21 November 2019 (the "Base Prospectus"), the first
supplement to the Base Prospectus dated 18 February 2020 which received approval number n°20-044 from
the AMF, the second supplement to the Base Prospectus dated 3 April 2020 which received approval number
n°20-116 from the AMF, the third supplement to the Base Prospectus dated 24 April 2020 which received
approval number n°20-156 from the AMF and the fourth supplement to the Base Prospectus dated 3 June 2020
which received approval number n°20-236 from the AMF (together, the "Supplements") which together
constitute a base prospectus for the purposes of the Regulation (EU) 2017/1129 (the "Prospectus
Regulation").
This document constitutes the Final Terms of the Notes described herein for the purposes of the Prospectus
Regulation and must be read in conjunction with such Base Prospectus as so supplemented in order to obtain
all the relevant information. 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:
2020-31

(ii) Tranche Number:
1
3
Specified Currency or Currencies:
Euro ("EUR")
4
Aggregate Nominal Amount:

(i) Series:
EUR 100,000,000

(ii) Tranche:
EUR 100,000,000
5
Issue Price:
100.84 per cent. of the Aggregate Nominal Amount
6
Specified Denomination(s):
EUR 100,000
7
(i) Issue Date:
12 August 2020

(ii) Interest Commencement Date:
Issue Date
8
Interest Basis:
3 month EURIBOR plus 0.70 per cent. Floating Rate
(further particulars specified below)
9
Maturity Date:
Specified Interest Payment Date falling in or nearest
to 12 August 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

for issuance of Notes obtained:
Decision of the Directoire of the Issuer dated
24 March 2020 and decision of Mr. Jean-Philippe
Berthaut, Head of Group Funding of the Issuer, dated
4 August 2020
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:
12 November 2020, 12 February 2021, 12 May 2021,
12 August 2021, 12 November 2021, 12 February
2022, 12 May 2022 and 12 August 2022, subject to
adjustment in accordance with the Business Day
Convention set out in (iv) below.

(iii) First Interest Payment Date:
12 November 2020

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

(v) Interest Period Date:
Not Applicable

(vi) Business Centre(s):
TARGET

(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:
3 month EURIBOR

Interest Determination
Two (2) TARGET Business Days prior to the first
Date:
day in each Interest Period

Relevant Screen Page:
Reuters Screen page EURIBOR01

Relevant Screen Page Time
11:00 a.m. Brussels time

(x) FBF Determination
Not Applicable

(xi) ISDA Determination:
Not Applicable

(xii) Margin(s):
plus 0.70 per cent. per annum

(xiii) Minimum Rate of Interest:
0.00 per cent. per annum

(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
Applicable
Option:
21 Final Redemption Amount of each Note
EUR 100,000 per Note of EUR 100,000 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 Note payable on redemption

upon
the
occurrence
of
an

MREL/TLAC Disqualification Event

(Condition 6(g)), if applicable, a

Withholding Tax Event (Condition

6(i)(i)), a Gross-Up Event (Condition

6(i)(ii)) or for Illegality (Condition

6(l)):
EUR 100,000 per Note of EUR 100,000 Specified
Denomination

(ii) Early Redemption Amount(s) of each
Not Applicable
Subordinated
Note
payable
on
redemption upon the occurrence of a
Capital Event (Condition 6(h), a
Withholding Tax Event (Condition
6(i)(i), a Gross-Up Event (Condition
6(i)(ii)) or a Tax Deductibility Event
(Condition 6(i)(iii)):

(iii) Redemption for taxation reasons
No
permitted on days others than Interest
Payment Dates (Condition 6(i)):

(iv) Unmatured Coupons to become void
Not Applicable
upon early redemption (Materialised
Bearer Notes only) (Condition 7(f)):
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):
TARGET
26 Talons for future Coupons or Receipts to be
Not Applicable
attached to Definitive Notes (and dates on
which such Talons mature):
27 Details relating to Instalment Notes:
Not Applicable
amount of each instalment, date on which
each payment is to be made:
28 Redenomination provisions:
Not Applicable
29 Purchase in accordance with applicable
Applicable
French laws and regulations:
30 Consolidation provisions:
Not Applicable
31 Meeting and Voting Provisions
Contractual Masse shall apply
(Condition 11):
Name and address of the initial Representative:
As per Condition 11(c)

Name and address of the alternate Representative:
As per Condition 11(c)
The Representative will receive a remuneration of
EUR 2,000 (excluding VAT) per year so long as any
of the Notes remains outstanding

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
EUR 2,350
admission to trading:
2
RATINGS

Ratings:
The Notes to be issued have not been rated.
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 - PERFORMANCE OF RATES

Details of performance of EURIBOR rates can be obtained free of charge, from Reuters EURIBOR01
screen page.
5
NOTES LINKED TO A BENCHMARK ONLY BENCHMARK

Benchmark:
Amounts payable under the Notes will be calculated by
reference to the EURIBOR which is provided by the
European Money Markets Institute. As at the date of
these Final Terms,the European Money Markets
Institute appears on the register of administrators and
benchmarks established and maintained by the
European Securities and Markets Authority pursuant to
Article 36 of the Benchmark Regulation (Regulation
(EU) 2016/1011) (the "Benchmark Regulation").
6
OPERATIONAL INFORMATION

ISIN:
FR0013528726

Common Code:
221508378

Depositaries:

(i) Euroclear France to act as Central
Yes
Depositary:

(ii) Common Depositary for Euroclear
No
and Clearstream:

Any clearing system(s) other than Euroclear
Not Applicable
and Clearstream and the relevant
identification number(s):

Delivery:
Delivery against payment

Names and addresses of additional Paying
Not Applicable
Agent(s) (if any):

7
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 address

of Dealer:
UniCredit Bank AG
Arabellastrasse 12
81925 Munich
Germany

(iv) Prohibition of Sales to EEA Retail
Not Applicable
Investors:

(v) US Selling Restrictions
Reg. S Compliance Category 2 applies to the Notes;

(Categories of potential investors to
TEFRA not applicable

which the Notes are offered):