Obligation Banque Fédérale du Crédit Mutuel 3.75% ( XS0563730984 ) en EUR

Banque Fédérale du Crédit Mutuel

100 % ⇌

France

XS0563730984 ( en EUR )

3.75% par an ( paiement annuel )

26/01/2018 - Obligation échue

Prospectus brochure de l'obligation Banque Federative du Credit Mutuel XS0563730984 en EUR 3.75%, échue

50 000 EUR

850 000 000 EUR

La Banque Fédérative du Crédit Mutuel est l'établissement central du groupe Crédit Mutuel, assurant la cohésion et la gestion du système fédératif des caisses régionales.

L'obligation XS0563730984 émise par la Banque Fédérative du Crédit Mutuel en France, d'une valeur nominale totale de 850 000 000 EUR, avec un coupon de 3,75% et une échéance au 26/01/2018, a été remboursée à 100% à sa maturité, par tranche minimale de 50 000 EUR et avec une fréquence de paiement annuelle.

Annex: TERMS AND CONDITIONS OF THE NOTES EXTRACTED FROM THE BASE
PROSPECTUS DATED 7 JULY 2010
The following is the text of the terms and conditions that, subject to completion and amendment and as
supplemented or varied in accordance with the provisions of the relevant Final Terms, shall be applicable to
the Notes in definitive form (if any) issued in exchange for the Global Note(s) representing each Series. Either
(i) the full text of these terms and conditions together with the relevant provisions of the Final Terms or (ii)
these terms and conditions as so completed, amended, supplemented or varied (and subject to simplification
by the deletion of non-applicable provisions), shall be endorsed on such Notes. All capitalised terms that are
not defined in these Conditions will have the meanings given to them in the relevant Final Terms. Those
definitions will be endorsed on the definitive Notes. References in the Conditions to "Notes" are to the Notes
of one Series only, not to all Notes that may be issued under the Programme.
The Notes are issued by Banque Fédérative du Crédit Mutuel (the "Issuer") pursuant to an amended and
restated agency agreement dated 7 July 2010 (as amended and/or supplemented as at the date of issue of the
Notes (the "Issue Date"), the "Agency Agreement") between the Issuer, BNP Paribas Securities Services,
Luxembourg Branch as fiscal agent and principal paying agent (the "Fiscal Agent") and as initial calculation
agent (the "Calculation Agent") and Citibank, N.A., London Branch, The Bank of New York Mellon, Brussels
and BNP Paribas Securities Services, as paying agents (together with the Fiscal Agent and any additional or
other paying agents in respect of the Notes from time to time appointed and, where the context so admits, the
"Paying Agents"). If a Calculation Agent is not specified on the Notes and the terms and conditions require
that a Calculation Agent be appointed then the Fiscal Agent shall act as Calculation Agent. The Noteholders
(as defined below), the holders of the interest coupons (the "Coupons") appertaining to interest bearing Notes
and, where applicable in the case of such Notes, talons for further Coupons (the "Talons") (the
"Couponholders") and the holders of the receipts for the payment of instalments of principal (the "Receipts")
relating to Notes of which the principal is payable in instalments are deemed to have notice of all of the
provisions of the Agency Agreement applicable to them. The Notes are issued with the benefit of a deed of
covenant (as amended and/or supplemented as at the Issue Date, the "Deed of Covenant") dated 7 July 2009
executed by the Issuer in relation to the Notes.
Copies of the Agency Agreement and the Deed of Covenant are available for inspection at the specified
offices of each of the Paying Agents.
References below to "Conditions" are, unless the context requires otherwise, to the numbered paragraphs
below.
1
Form, Denomination and Title
The Notes are issued in bearer form.
Notes are serially numbered and are issued with Coupons (and, where appropriate, a Talon) attached, save in
the case of Notes that do not bear interest, in which case references to interest (other than in relation to
interest due after the Maturity Date), Coupons and Talons in these Conditions are not applicable. Any Note
the principal amount of which is redeemable in instalments is issued with one or more Receipts attached.
Title to the Notes, Receipts, Coupons and Talons shall pass by delivery. Except as ordered by a court of
competent jurisdiction or as required by law, the holder (as defined below) of any Note, Receipt, Coupon or
Talon shall be deemed to be and may be treated as its absolute owner for all purposes, whether or not it is
overdue and regardless of any notice of ownership, trust or an interest in it, any writing on it or its theft or loss
and no person shall be liable for so treating the holder.

In these Conditions, "Noteholder" means the bearer of any Note and the Receipts relating to it, "holder" (in
relation to a Note, Receipt, Coupon or Talon) means the bearer of any Note, Receipt, Coupon or Talon and
capitalised terms have the meanings given to them hereon, the absence of any such meaning indicating that
such term is not applicable to the Notes.
2
Status
(a)
Status of Unsubordinated Notes:
Unsubordinated Notes ("Unsubordinated Notes") (being those Notes the status of which the applicable
Final Terms specify as Unsubordinated Notes) and the Receipts and Coupons relating to them
constitute (subject to Condition 3) direct, unconditional, unsecured and unsubordinated obligations of
the Issuer and rank and will rank pari passu and rateably without any preference among themselves
and save for statutorily preferred exceptions, at least equally with all other unsecured and
unsubordinated obligations (including deposits), present and future, of the Issuer.
(b)
Status of Subordinated Notes:
(i)
General
Subordinated notes ("Subordinated Notes") comprise Ordinarily Subordinated Notes, Deeply
Subordinated Notes, Dated Subordinated Notes and Undated Subordinated Notes (all as defined
below).
(ii)
Ordinarily Subordinated Notes
Ordinarily subordinated notes and, if the applicable Final Terms specify that the payment
obligations of the Issuer under the Coupons are subordinated, the Coupons relating to them
("Ordinarily Subordinated Notes"), constitute direct, unconditional and unsecured obligations
of the Issuer and rank pari passu among themselves and with all other present and future
unsecured, unconditional and subordinated indebtedness of the issuer but in priority to the prêts
participatifs granted to, and titres participatifs issued by, the Issuer.
(iii)
Deeply Subordinated Notes
Deeply subordinated notes and, if the applicable Final Terms specify that the payment
obligations of the Issuer under the Coupons are subordinated, the Coupons relating to them
("Deeply Subordinated Notes") constitute direct, unconditional, unsecured and subordinated
obligations of the Issuer and rank and will rank pari passu among themselves and (unless
otherwise specified in the relevant Final Terms) pari passu with all other present and future
Deeply Subordinated Notes, but behind prêts participatifs granted to, and titres participatifs
issued by the Issuer and Ordinarily Subordinated Notes.
(iv)
Dated Subordinated Notes
Subordinated Notes (which terms, for the avoidance of doubt, include both Ordinarily
Subordinated Notes and Deeply Subordinated Notes) may have a specified maturity date
("Dated Subordinated Notes"). Unless otherwise specified in the relevant Final Terms,
payments of interest relating to Dated Subordinated Notes constitute obligations which rank
equally with the obligations of the Issuer in respect of Unsubordinated Notes issued by the
Issuer in accordance with Condition 2(a).

(v)
Undated Subordinated Notes
Subordinated Notes (which terms, for the avoidance of doubt, include both Ordinarily
Subordinated Notes and Deeply Subordinated Notes) may not have a specified maturity date
("Undated Subordinated Notes"). Unless otherwise specified in the relevant Final Terms,
payments of interest relating to Undated Subordinated Notes will be deferred in accordance
with the provisions of Condition 4(e).
The use of the proceeds of issues of Undated Subordinated Notes will be set out in the
applicable Final Terms.
The net proceeds of the issue of Undated Subordinated Notes may count as Upper Tier 2
Capital. In the event of the Issuer incurring losses, such losses will be charged first against
accumulated profits ("report à nouveau"), then against reserve, and capital, and finally, to the
extent necessary, against the subordinated loans (including interest on such Notes) of the Issuer,
in order to allow the Issuer to comply with the regulatory requirements applicable to banks in
France, especially those relating to solvency ratios, and in order to allow the Issuer to continue
its activities.
(vi)
Payment of Subordinated Notes in the event of liquidation of the Issuer
Subject to applicable law in the event of the voluntary liquidation of the Issuer, bankruptcy
proceedings or any other similar proceeding affecting the Issuer or in the event of transfer of the
whole of its business (cession totale de l'entreprise) or if the Issuer is liquidated for any other
reason, the payments of the creditors of the Issuer shall be made in the following order of
priority (in each case subject to the payment in full of priority creditors):
(a)
unsubordinated creditors of the Issuer
(b)
holders of Ordinarily Subordinated Notes
(c)
lenders in relation to prêts participatifs granted to the Issuer
(d)
holders of titres participatifs issued by the Issuer, and
(e)
holders of Deeply Subordinated Notes.
In the event of incomplete payment of unsubordinated creditors on the liquidation judiciaire of
the Issuer, the obligations of the Issuer in connection with the Ordinarily Subordinated Notes
and the Receipts and, if the applicable Final Terms specify that the payment obligations of the
Issuer under the Coupons are subordinated, the Coupons will be terminated by operation of law
(then subsequently the lenders in relation to prêts participatifs, holders of titres participatifs
and holders of Deeply Subordinated Notes).
(vii) Capital Adequacy
The relevant Final Terms may provide for additions or variations to the Conditions applicable to
the Subordinated Notes for the purposes inter alia of enabling the proceeds of the issue of such
Subordinated Notes to count as (i) fonds propres de base within the meaning of Article 2 of
Regulation no. 90-02 dated 23 February 1990, as amended, of the Comité de la Règlementation
Bancaire et Financière ("CRBF"), (in which case such Subordinated Notes will need to be
Deeply Subordinated Notes) ("Tier 1 Capital"); (ii) fonds propres complémentaires within the
meaning of Article 4(c) of the CRBF Regulation no. 90-02 of 23 February 1990 ("Upper Tier 2
Capital"); (iii) fonds propres complémentaires within the meaning of Article 4(d) of the CRBF