Obligation BNP Paribas SA 2.95% ( US09659W2A13 ) en USD

BNP Paribas SA

100 % ⇌

France

US09659W2A13 ( en USD )

2.95% par an ( paiement semestriel )

23/05/2022 - Obligation échue

Prospectus brochure de l'obligation BNP Paribas US09659W2A13 en USD 2.95%, échue

200 000 USD

1 000 000 000 USD

09659W2A1

A- ( Qualité moyenne supérieure )

Baa1 ( Qualité moyenne inférieure )

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 BNP Paribas (ISIN: US09659W2A13, CUSIP: 09659W2A1), émise en France pour un montant total de 1 000 000 000 USD, avec un prix actuel au marché de 100%, un taux d'intérêt de 2,95%, une taille minimale d'achat de 200 000 USD, une maturité le 23/05/2022 et une fréquence de paiement semestrielle, notée A- par S&P et Baa1 par Moody's, est arrivée à maturité et a été remboursée.

PRICING SUPPLEMENT (To product supplement dated May 10, 2017 and base prospectus dated May 5, 2017)

U.S.$1,000,000,000 Fixed Rate Senior Non Preferred Notes Due May 23, 2022

May 16, 2017

This Pricing Supplement should be read together with the accompanying product supplement dated May 10, 2017 ("Product Supplement"), and base prospectus dated
May 5, 2017 ("Base Prospectus", and together with the Product Supplement, the "Base Documents") and the documents incorporated by reference therein. Terms used
in this Pricing Supplement are described or defined in the Base Documents. The Senior Non Preferred Notes will have terms described in the Base Documents, as
supplemented by this Pricing Supplement. If the terms described in this Pricing Supplement are different or inconsistent with those described in the Base Documents,
the terms described in this Pricing Supplement will supersede. Before you decide to invest we urge you to read this Pricing Supplement together with the Base
Documents, which can be accessed via the following uniform resource locator: http://eqdpo.bnpparibas.com/USMTNPD.
Issuer: BNP Paribas
Type of Security: Senior Non Preferred Notes.
Expected Rating of the Senior Non Preferred Notes: Baa2/A-/A+/
Rate of Interest: 2.950%.
A(High)*
Benchmark Yield and Note: 1.847%, U.S. Treasury 1.875% due April 30, 2022
Principal Amount: $1,000,000,000.
Issue Yield: 2.977% per annum.
Issue Price: 99.875% or $998,750,000.
Issue Spread to Pricing Benchmark: 1.130%.
Net Proceeds: 99.550% or $995,500,000.
Interest Payment Date(s): May 23 and November 23 of each year, commencing on
Pricing Date: May 16, 2017.
November 23, 2017, and ending on the Maturity Date.
Issue Date: May 23, 2017.
Interest Calculation Period: The Interest Amount, if any, will be payable semi-
Maturity Date: May 23, 2022.
annually in arrears on each Interest Payment Date. The first Interest Calculation
Redemption Amount: 100% of the Principal Amount of the Senior Non Period will begin on, and include November 23, 2017, and end on, but exclude, the
Preferred Notes, plus accrued interest thereon.
first Interest Payment Date. Subsequent Interest Calculation Periods will begin on,
Redemption: The Issuer may at any time redeem the Senior Non Preferred and include, the most recent Interest Payment Date and end on, but exclude, the next
Notes in whole at their final redemption amount, together with accrued succeeding Interest Payment Date.
interest, upon the occurrence of a Withholding Tax Event or Gross-Up Event Regular Record Dates: With respect to each Interest Payment Date, the date that is
(subject to Condition 5(o) (Conditions to redemption prior to the Maturity one Business Day prior to such Interest Payment Date, whether or not that Interest
Date or substitution and variation of Senior Non Preferred Notes)).
Payment Date is a Business Day; provided that for an Interest Payment Date that is
Call Option: None except as described under "Optional Redemption for also the Maturity Date, the interest payable on that Interest Payment Date will be
Taxation Reasons".
payable to the person to whom the principal is payable.
Status: Senior Non Preferred. See "Additional Information" below.
Statutory Write-Down or Conversion: By its acquisition of the Senior Non
Substitution and Variation of Senior Non Preferred Notes: Subject to Preferred Notes, each Noteholder (which includes any current or future holder of a
having given notice to the Fiscal and Paying Agent and the Noteholders, if a beneficial interest in the Notes) acknowledges, accepts, consents and agrees to be
MREL/TLAC Disqualification Event has occurred and is continuing, the bound by the effect of the exercise of the Bail-In or Loss Absorption Power by a
Issuer may, at its option, but subject to Condition 5(o) (Conditions to Relevant Resolution Authority.
redemption prior to the Maturity Date or substitution and variation of Senior Business Day Convention: Following.
Non Preferred Notes), substitute all (but not some only) of the Senior Non Day Count Fraction: 30/360, Unadjusted.
Preferred Notes or vary the terms of all (but not some only) of the Senior Business Day: New York and TARGET 2.
Non Preferred Notes without any requirement for the consent or approval of Lead Manager: BNP Paribas Securities Corp.
the Noteholders, so that they become or remain Qualifying Notes.
Senior Co-Lead Managers: Barclays Capital Inc., BBVA Securities Inc., Lloyds
Waiver of Set-Off: No Noteholder may at any time exercise or claim (and Securities Inc., Standard Chartered Bank.
shall be deemed to have waived) any Set-Off Rights against any right, claim, Co-Lead Managers: BB Securities Ltd., Citigroup Global Markets Inc., HSBC
or liability the Issuer has or may have or acquire against such Noteholder, Securities (USA) Inc., National Bank of Canada Financial Inc., Scotia Capital (USA)
directly or indirectly, howsoever arising.
Inc., SMBC Nikko Securities America, Inc., TD Securities (USA) LLC.
No Events of Default: The terms of the Notes do not include events of Calculation Agent: BNP Paribas Securities Corp.
default. However Noteholders may cause the Notes to become due and Denominations: $200,000 and integral multiples of U.S. $1,000 in excess thereof.
payable, together with any accrued interest, in the event that an order is made CUSIP: 144A: 09659W2A1; Reg S: 09659X2A9
or an effective decision is passed for the liquidation (liquidation amiable ou ISIN: 144A: US09659W2A13; Reg S: US09659X2A94
liquidation judiciare) of the Issuer.
Series: 2580
Type of Notes: Fixed Rate.
* "Baa2" by Moody's Investors Service Ltd, "A-" by Standard and Poor's Ratings Group, "A+" by Fitch Ratings and "A(High)" by DBRS.
A rating (1) is subject to downward revision, suspension or withdrawal at any time by the assigning rating organization, (2) does not take into account market risk or
the performance-related risks of the investment, and (3) is not a recommendation to buy, sell or hold securities.
Certain Senior Co-Lead Managers and Co-Lead Managers may not be U.S. registered broker-dealers and therefore may not make sales of any Notes in the United
States or to U.S. persons except in compliance with applicable U.S. laws and regulations. To the extent that any such Senior Co-Lead Manager or Co-Lead Manager
intends to effect sales of the Senior Non Preferred Notes in the United States, they will do so only through one or more U.S. registered broker-dealers or otherwise as
permitted by applicable U.S. law.
________________________________________________

The Issuer has not been registered under the Investment Company Act of 1940, as amended, and the Senior Non Preferred Notes have not been,
and wil not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), or the state securities laws of any state of the United States or
the securities laws of any other jurisdiction and are being offered only to qualified institutional buyers ("QIBs"), within the meaning of Rule 144A, pursuant
to the registration exemption under Rule 144A and outside the United States to non-"U.S. persons" in "offshore transactions" (as such terms are defined in
Rule 902 under the Securities Act) pursuant to Regulation S under the Securities Act.
Neither the Securities and Exchange Commission (the "SEC") nor any state securities commission has approved or disapproved of the Senior
Non Preferred Notes or determined that this Pricing Supplement is truthful or complete. Any representation to the contrary is a criminal offense. Under no
circumstances shal this Pricing Supplement constitute an offer to sel or a solicitation of an offer to buy, nor shal there be any sale of these Notes, in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification under the securities laws of any such jurisdiction.

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The Senior Non Preferred Notes constitute unconditional liabilities of the Issuer. The Senior Non Preferred Notes are not insured or guaranteed
by the Federal Deposit Insurance Corporation or any other governmental agency or instrumentality.
It is expected that delivery of the Senior Non Preferred Notes wil be delivered against payment therefor on or about May 23, 2017, which wil be
the fifth business day fol owing the date of pricing of the Senior Non Preferred Notes (such settlement cycle being referred to herein as "T+5"). Under Rule
15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market general y are required to settle in three business days unless
the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Senior Non Preferred Notes on the date of pricing
wil be required, by virtue of the fact that the Senior Non Preferred Notes initial y will settle in T+5, to specify an alternate settlement cycle at the time of any
such trade to prevent a failed settlement. Purchasers of the Notes who wish to trade those Notes on the date of pricing should consult their own advisor.
__________________________
BNP PARIBAS

ADDITIONAL INFORMATION

You should read this Pricing Supplement together with the Base Documents.

This Pricing Supplement, together with the Base Documents, contains the terms of the Senior Non
Preferred Notes and supersedes all prior or contemporaneous oral statements as well as any other written materials
including preliminary or indicative pricing terms, correspondence, trade ideas, structures for implementation, sample
structures, brochures or other educational materials of ours. You should carefully consider, among other things, the
matters set forth in "Risk Factors" in the Base Documents (including, in particular, the Risk Factors included under
the heading "Risk Factors" in the Base Prospectus and the Risk Factors included under the heading "Risks Relating
to All Notes" in the Product Supplement).

An investment in the Senior Non Preferred Notes entails significant risks relating to the Senior Non
Preferred Notes not associated with similar investments in a conventional debt security, including those described
below. You should read the following information about these risks, together with the other information in this
Pricing Supplement, before investing in the Senior Non Preferred Notes. We urge you to consult your investment,
legal, tax, accounting and other advisors before you invest in the Senior Non Preferred Notes.

Status of the Senior Non Preferred Notes

The Notes will be Senior Non Preferred Obligations (as defined in the Base Prospectus) and constitute
direct, unconditional, unsecured and senior (chirographaires) obligations of the Issuer, and rank and will at all times
rank (a) senior to Eligible Creditors (as defined in the Base Prospectus) of the Issuer, Ordinarily Subordinated
Obligations (as defined in the Base Prospectus) and any other present or future claims otherwise ranking junior to
Senior Non Preferred Obligations; (b) pari passu among themselves and with other Senior Non Preferred
Obligations; and (c) junior to present and future claims benefiting from preferred exceptions including Senior
Preferred Obligations (as defined in the Base Prospectus). 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 Non Preferred Notes
rank (a) junior to Senior Preferred Obligations; and (b) senior to any Eligible Creditors of the Issuer, Ordinarily
Subordinated Obligations and any other present or future claims otherwise ranking junior to Senior Non Preferred
Obligations.

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