Obligation BNP Paribas SA 0.56% ( US05581LAE92 ) en USD

BNP Paribas SA

100 % ⇌

France

US05581LAE92 ( en USD )

0.56% par an ( paiement trimestriel )

08/08/2021 - Obligation échue

Prospectus brochure de l'obligation BNP Paribas US05581LAE92 en USD 0.56%, échue

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 USD, avec le code ISIN US05581LAE92, paye un coupon de 0.56% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 08/08/2021

ISSUE OF US$500,000,000 MEDIUM TERM NOTES DUE AUGUST 7, 2021
UNDER THE ISSUER'S U.S. $40,000,000,000 MEDIUM-TERM NOTE AND WARRANT PROGRAM
CONFIDENTIAL

Issuer:
BNP PARIBAS
Issuer Rating:
Aa3/A+/AA- (Moody's/S&P/Fitch)
Note: A securities rating is not a recommendation to buy, sell or
hold securities and may be subject to revision or withdrawal at
any time

Status:
Senior Preferred Notes pursuant to Article L.613-30-3-I-3 of the
French Monetary and Financial Code (the "Notes")
The Notes will be Senior Preferred Obligations (as defined in the
Base Prospectus) and are direct, unconditional, unsecured and
senior (chirographaires) obligations of the Issuer, and rank and
will at all times rank (a) senior to Senior Non Preferred
Obligations (as defined in the Base Prospectus); (b) pari passu
among themselves and with other Senior Preferred Obligations;
and (c) junior to present and future claims benefiting from other
preferred exceptions. Subject to applicable law, in the event of
the voluntary or judicial liquidation (liquidation amiable ou
liquidation judiciaire) of the Issuer, bankruptcy proceedings or
any other similar proceedings affecting the Issuer, the rights of
Noteholders to payment under the Senior Preferred Notes rank (a)
junior to present and future claims benefiting from other
preferred exceptions, and (b) senior to any Senior Non Preferred
Obligations.

Legal Format:
Exempt from SEC registration under Rule 144A/Regulation S
Issue Size:
U.S. Dollar $500,000,000 (the "Principal Amount")
All 144A Notes
Denominations:
U.S.$250,000 and integral multiples of U.S.$1,000 in excess
thereof

Currency:
U.S. Dollar
Initial Offering Price:
100%
Pricing Date:
August 8, 2019
Settlement Date:
August 14, 2019 (T+4)
Maturity Date:
August 7, 2021
Redemption Amount:
100% of the Principal Amount of the Notes
Interest Payment Dates:
November 7, 2019; February 7, 2020; May 7, 2020; August 7,
2020; November 9, 2020; February 8, 2021; May 7, 2021; August
7, 2021 with a first short interpolated coupon
Interest Determination Dates:
Two London banking days prior to the first day of the relevant
interest period
Interest Rate:
3-Month USD LIBOR (Bloomberg BBAM Screen) plus 39 basis
points
All-in-Price:
99.98%
Settlement Amount:
$499,900,000
Day Count/ Business Day Convention: Actual/360; Modified Following, Adjusted (New York)
Business Day for Payments:
New York
Listing:
The Notes will not be listed
Clearing:
Registered book-entry form through DTC, Euroclear and
Clearstream
Joint Book-Running Managers:
BNP Paribas Securities Corp and Wells Fargo Securities, LLC
Wells Fargo Securities DTC #:
250
Trustee & Paying Agent:
Bank of New York Mellon
Rule 144A ISIN / CUSIP:
US05581KAE10 / 05581KAE1
Regulations S ISIN / CUSIP:
US05581LAE92 / 05581LAE9
Series:
4042

Documentation Issued under the BNP Paribas US Medium-Term Note and Warrant Base Prospectus dated
May 22, 2019 (the "Program") as supplemented by the Product Supplement dated May 22, 2019 and the
Prospectus Supplement dated August 2, 2019.

Statutory write-down or conversion:
By its acquisition of the Notes, each Noteholder acknowledges,
accepts, consents and agrees to be bound by the effect of the exercise of the Bail-in or Loss Absorption Power
by the Relevant Resolution Authority.

The issuer is licensed as a credit institution in France and as such subject to the resolution regime introduced
by the EU Bank Recovery and Resolution Directive 2014/59/EU of May 15, 2014 (as amended from time to
time or such other directive as may come in effect in place thereof, including the EU Directive 2019/879/EU
of May 20, 2019). This regulation, among others, gives resolution authorities, in case the Issuer is failing or
likely to fail, the power to amend the key terms of the Notes (including but not limited to the maturity date or
the payment of interest), to write-down the claims of unsecured creditors of a failing credit institution and to
convert certain unsecured debt claims (including Notes) to equity. In case of resolution of the Issuer, the
claims under Notes could be reduced (including to zero) or converted to equity.

Waiver of set-off:
No Noteholder may at any time exercise or claim (and shall be deemed to have waived)
any Waived Set-Off Rights against any right, claim, or liability the Issuer has or may have or acquire against
such Noteholder, directly or indirectly, howsoever arising.

"Waived Set-Off Rights" means any and all rights of or claims of any Noteholder for deduction, set-off,
netting, compensation, retention or counterclaim arising directly or indirectly under or in connection with any
such Note.

No Events of Default
The terms of the Notes do not include events of default, except in
the case of the liquidation of the Issuer.
Redemption for Tax Reasons
The Issuer may at any time redeem the Notes in whole at their
Early Redemption Amount, upon the occurrence of a
Withholding Tax Event or a Gross-Up Event subject to the prior
written approval of Relevant Regulator (as defined in the Base
Prospectus).