Obligation BNP Paribas SA 1.125% ( XS1547407830 ) en EUR

BNP Paribas SA

100 % ▼

France

XS1547407830 ( en EUR )

1.125% par an ( paiement annuel )

09/10/2023 - Obligation échue

Prospectus brochure de l'obligation BNP Paribas XS1547407830 en EUR 1.125%, échue

100 000 EUR

1 000 000 000 EUR

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 XS1547407830, paye un coupon de 1.125% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 09/10/2023

CONFORMED COPY
Final Terms dated 6 January 2017
BNP PARIBAS
(incorporated in France)
(the Issuer)
Issue of EUR 1,000,000,000 1.125 per cent. Senior Non Preferred Notes due 10 October 2023
under the 90,000,000,000
Euro Medium Term Note Programme
(the Programme)

Any person making or intending to make an offer 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 offer.
Neither the Issuer nor any Dealer has authorised, nor do they authorise, the making of any offer of
Notes in any other circumstances.

1

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 under the section entitled "Terms and Conditions of the English Law Notes" in
the Base Prospectus dated 9 December 2016 which received visa n°16-575 from the Autorité des
marchés financiers ("AMF") on 9 December 2016 which constitutes a base prospectus for the
purposes of the Directive 2003/71/EC (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. Full information
on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final
Terms and the Base Prospectus. The Base Prospectus and these Final Terms (in each case, together
with any documents incorporated therein by reference) are available for viewing at, and copies may
be obtained from, BNP Paribas Securities Services, Luxembourg Branch (in its capacity as Principal
Paying Agent), 60, avenue J.F. Kennedy, L-1855 Luxembourg and (save in respect of the Final
Terms) on the Issuer's website (www.invest.bnpparibas.com). The Base Prospectus and these Final
Terms will also be available on the AMF website (www.amf-france.org). A copy of these Final Terms
and the Base Prospectus will be sent free of charge by the Issuer to any investor requesting such
documents.

1.
Issuer:
BNP Paribas
2.
(i)
Series Number:
18028
(ii)
Tranche Number:
1
3.
Specified Currency:
Euro ("EUR")
4.
Aggregate Nominal Amount:

(i)
Series:
EUR 1,000,000,000
(ii)
Tranche:
EUR 1,000,000,000
5.
Issue Price of Tranche:
99.319 per cent. of the Aggregate Nominal Amount
6.
Minimum Trading Size:
Not applicable
7.
(i)
Specified Denomination:
EUR 100,000 and integral multiples of EUR 1,000 in
excess thereof up to and including EUR 199,000. No
Notes in definitive form will be issued with a
denomination above EUR 199,000.
(ii)
Calculation Amount:
EUR 1,000
8.
(i)
Issue Date and Interest
10 January 2017
Commencement Date:
(ii)
Interest Commencement
Not applicable
Date (if different from the
Issue Date):
9.
Maturity Date:
10 October 2023
10.
Form of Notes:
Bearer
11.
Interest Basis:
1.125 per cent. per annum Fixed Rate (further
particulars specified below)
12.
Coupon Switch:
Not applicable
13.
Redemption/Payment Basis:
Redemption at par
14.
Change of Interest Basis or
Not applicable
Redemption/Payment Basis:
15.
Put/Call Options:
Not applicable

2

16.
Exchange Rate:
Not applicable
17.
Status of the Notes:
Senior Non Preferred Notes
18.
Knock-in Event:
Not applicable
19.
Knock-out Event:
Not applicable
20.
Method of distribution:
Syndicated
21.
Hybrid Securities:
Not applicable
22.
Interest:
Applicable
(i)
Interest Periods:
From and including the Interest Commencement Date
to but excluding the Interest Payment Date falling on
10 October 2017 (being a short first Interest Period).
Thereafter from and including each Interest Payment
Date to but excluding the following Interest Payment
Date up to the Maturity Date.
(ii)
Interest Period End Dates:
10 October in each year from and including 10
October 2017 to and including the Maturity Date.
(iii)
Business Day Convention
Not applicable
for Interest Period End
Dates:
(iv)
Interest Payment Dates:
10 October in each year from and including 10
October 2017 to and including the Maturity Date.
(v)
Business Day Convention
Following
for Interest Payment Dates:
(vi)
Party
responsible
for Not applicable
calculating the Rates of
Interest
and
Interest
Amounts
(if
not
the
Calculation Agent):
(vii)
Margin:
Not applicable
(viii)
Minimum Interest Rate:
Not applicable
(ix)
Maximum Interest Rate:
Not applicable
(x)
Day Count Fraction:
Actual/Actual (ICMA)
(xi)
Determination Dates:
10 October in each year
(xii)
Accrual to Redemption:
Applicable
(xiii)
Rate of Interest:
Fixed Rate
(xiv)
Coupon Rate:
Not applicable
23.
Fixed Rate Provisions:
Applicable
(i)
Fixed Rate of Interest:
1.125 per cent. per annum payable annually in arrear
on each Interest Payment Date
(ii)
Fixed Coupon Amount:
EUR 11.25 per Calculation Amount, except in respect
of the short first Interest Period
(iii)
Broken Amount:
EUR 8.41 per Calculation Amount, payable on the
Interest Payment Date falling on 10 October 2017 for
the
period
from
and
including
the
Interest
Commencement Date to but excluding 10 October
2017.

3

(iv)
Resettable Notes:
Not applicable
24.
Floating Rate Provisions:
Not applicable
25.
Screen Rate Determination:
Not applicable
26.
ISDA Determination:
Not applicable
27.
FBF Determination:
Not applicable
28.
Zero Coupon Provisions:
Not applicable
29.
Index Linked Interest Provisions:
Not applicable
30.
Share Linked Interest Provisions:
Not applicable
31.
Inflation Linked Interest Provisions:
Not applicable
32.
Commodity Linked Interest
Not applicable
Provisions:
33.
Fund Linked Interest Provisions:
Not applicable
34.
ETI Linked Interest Provisions:
Not applicable
35.
Foreign Exchange (FX) Rate Linked
Not applicable
Interest Provisions:
36.
Underlying Interest Rate Linked
Not applicable
Interest Provisions:
37.
Additional
Business
Centres Not applicable
(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):
38.
Final Redemption:
Calculation Amount x 100 per cent.
39.
Final Payout:
Not applicable
40.
Automatic Early Redemption:
Not applicable
41.
Issuer Call Option:
Not applicable
42.
Noteholder Put Option:
Not applicable
43.
Aggregation:
Not applicable
44.
Index Linked Redemption Amount:
Not applicable
45.
Share Linked Redemption Amount:
Not applicable
46.
Inflation Linked Redemption
Not applicable
Amount:
47.
Commodity Linked Redemption
Not applicable
Amount:
48.
Fund Linked Redemption Amount:
Not applicable
49.
Credit Linked Notes:
Not applicable
50.
ETI Linked Redemption Amount:
Not applicable
51.
Foreign Exchange (FX) Rate Linked
Not applicable
Redemption Amount:
52.
Underlying Interest Rate Linked
Not applicable
Redemption Amount:

4

53.
Early Redemption Amount(s):
Calculation Amount x 100 per cent.
54.
Provisions applicable to Physical
Not applicable
Delivery:
55.
Variation of Settlement:

(i)
Issuer's option to vary
The Issuer does not have the option to vary settlement
settlement:
in respect of the Notes.
(ii)
Variation of Settlement of
Not applicable
Physical Delivery Notes:
56.
CNY Payment Disruption Event:
Not applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
57.
Form of Notes:
Bearer Notes:
New Global Note:
Yes

Temporary Bearer Global Note exchangeable for a
Permanent Bearer Global Note which is exchangeable
for definitive Bearer Notes only upon an Exchange
Event.
58.
Financial Centres or other special Not applicable
provisions relating to Payment Days
for the purposes of Condition 4(a):
59.
Identification information of Holders:
Not applicable
60.
Talons for future Coupons or No
Receipts to be attached to definitive
Notes (and dates on which such
Talons mature):
61.
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
different from those specified in the
Temporary
Global
Note,
consequences of failure to pay,
including any right of the Issuer to
forfeit the Notes and interest due on
late payment:
62.
Details relating to Notes redeemable Not applicable
in instalments: amount of each
instalment, date on which each
payment is to be made:
63.
Redenomination,
renominalisation Not applicable
and reconventioning provisions:
64.
Masse (Condition 12 of the Terms Not applicable
and Conditions of the French Law
Notes):
65.
Governing law:
English law, except that Condition 2(a) is governed by
French law.
66.
Calculation Agent:
Not applicable

5

DISTRIBUTION

67.
(i)
If syndicated, names of Lead Manager and Bookrunner:
Managers and underwriting BNP Paribas UK Limited
commitments/quotas
(material
features) (EUR 550,000,000)
(specifying Lead Manager):
Joint Lead Managers:
ABN AMRO Bank N.V.
Banco Bilbao Vizcaya Argentaria, S.A.
Nordea Bank AB (publ)
Nykredit Bank A/S
Skandinaviska Enskilda Banken AB (publ)
(EUR 75,000,000 each)
Co-Lead Managers:
Bankia SA
Bank of Montreal, London Branch
CaixaBank, S.A.
CIBC World Markets plc
DNB Markets, a division of DNB Bank ASA
(EUR 15,000,000 each)

(ii)
Stabilisation Manager (if
BNP Paribas UK Limited
any):
(iii)
If non-syndicated, name of
Not applicable
relevant Dealer:
68.
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
69.
Non exempt Offer:
Not applicable
70.
United States Tax Considerations
Not applicable

RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer:

By: VERONIQUE FLOXOLI

Duly authorised

6

PART B OTHER INFORMATION

1.
Listing and Admission to trading

(i)
Listing and admission to
Application has been made by the Issuer (or on its
trading:
behalf) for the Notes to be admitted to trading on
Euronext Paris with effect from 10 January 2017.
(ii)
Estimate of total expenses
EUR 9,600
related to admission to
trading:
2.
Ratings

Ratings:
The Notes to be issued are expected to be rated Baa2
by Moody's Investors Service Ltd. ("Moody's"), A- by
S&P Global Ratings, acting through Standard &
Poor's Credit Market Services France SAS ("S&P"),
A+ by Fitch France S.A.S. ("Fitch France") and A
(high) by DBRS Ratings Limited.

Obligations rated Baa2 by Moody's are judged to be
medium-grade and subject to moderate credit risk and
as
such
may
possess
certain
speculative
characteristics. The modifier 2 indicates a mid-range
ranking.

As defined by S&P, an A- rating means that the
Issuer's capacity to meet its financial commitment
under the Notes is still strong. The minus (-) sign
shows the relative standing within the rating category.

As defined by Fitch France an A+ rating denotes a
very low expectation of credit risk. It indicates a very
strong capacity for timely payment of financial
commitments. Such capacity is not significantly
vulnerable to foreseeable events.

As defined by DBRS Ratings Limited, an A (high)
rating means that the Issuer's capacity for the
payment of financial obligations is substantial, but of
lesser credit quality than AA. Such capacity may be
vulnerable to future events, but qualifying negative
factors are considered manageable. The modifier
(high) indicates that the obligation ranks in the higher
end of its generic rating category.

Each of Moody's, S&P, Fitch France and DBRS
Ratings Limited 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 any fees payable to the Managers, so far as the Issuer is aware, no person involved
in the offer of the Notes has an interest material to the offer.
4.
Reasons for the Offer
Reasons for the offer:
See "Use of Proceeds" wording in Base Prospectus.
5.
Fixed Rate Notes only  Yield

Indication of yield:
1.231 per cent. per annum

7

As set out above, the yield is calculated at the Issue
Date on the basis of the Issue Price. It is not an
indication of future yield
6.
OPERATIONAL INFORMATION

(i)
ISIN:
XS1547407830
(ii)
Common Code:
154740783
(iii)
Any clearing systems other Not applicable
than
Euroclear
and
Clearstream,
Luxembourg
approved by the Issuer and
the Principal Paying Agent
and
the
relevant
identification numbers:
(iv)
Delivery:
Delivery against payment
(v)
Additional Paying Agents (if
Not applicable
any):
(vi)
Intended to be held in a Yes. Note that the designation "yes" simply means
manner which would allow that the Notes are intended upon issue to be
Eurosystem eligibility:
deposited with one of the ICSDs as common safe-
keeper and does not necessarily mean that the Notes
will be recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by the
Eurosystem either upon issue or at any or all times
during their life. Such recognition will depend upon
the ECB being satisfied that Eurosystem eligibility
criteria have been met.
(vii)
Name and address of
Not applicable
Registration Agent:

8