Obligation BNP Paribas SA 0.281% ( XS1626933102 ) en EUR

BNP Paribas SA

100 % ▼

France

XS1626933102 ( en EUR )

0.281% par an ( paiement trimestriel )

06/06/2024 - Obligation échue

Prospectus brochure de l'obligation BNP Paribas XS1626933102 en EUR 0.281%, échue

100 000 EUR

900 000 000 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 XS1626933102, paye un coupon de 0.281% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 06/06/2024

Final Terms dated 13 July 2018

BNP PARIBAS
(incorporated in France)
(the Issuer)
Legal entity identifier (LEI): ROMUWSFPU8MPRO8K5P83

Issue of EUR 50,000,000 Senior Non Preferred Floating Rate Notes due 7 June 2024
Tranche 3 of Series 18220
(the Notes)
To be consolidated and form a single Series with
EUR 750,000,000 Senior Non Preferred Floating Rate Notes due 7 June 2024
Issued on 7 June 2017, Tranche 1 of Series 18220
EUR 100,000,000 Senior Non Preferred Floating Rate Notes due 7 June 2024
Issued on 8 December 2017, Tranche 2 of Series 18220

(the Existing Notes)

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, the Supplement to it dated 8 February 2017 which
received visa n°17-055 from the AMF on 8 February 2017, the Supplement to it dated 27 March 2017
which received visa n°17-109 from the AMF on 27 March 2017 and the Supplement to it dated 5 May
2017 which received visa n°17-185 from the AMF on 5 May 2017 which are incorporated by reference
in the Base Prospectus dated 5 July 2018. 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 dated 5 July 2018 which received visa n° 18-288 from the AMF
on 5 July 2018 (copies of which are available as described below) which together constitutes a base
prospectus for the purposes of the Prospectus Directive (the "Base Prospectus"), including the
Conditions incorporated by reference in 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 are also
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:
18220
(ii)
Tranche Number:
3
The Notes will on or about the date which is 40 days
following the Issue Date (estimated to be 27 August
2018 be consolidated and form a single Series with
the Existing Notes.
3.
Specified Currency:
Euro ("EUR")
4.
Aggregate Nominal Amount:

(i)
Series:
EUR 900,000,000
(ii)
Tranche:
EUR 50,000,000
5.
Issue Price of Tranche:
99.768 per cent. of the Aggregate Nominal Amount
plus accrued interest from and including the Interest
Commencement Date to but excluding the Issue Date
amounting to EUR 23,777.78
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:
17 July 2018
(ii)
Interest Commencement
7 June 2018
Date (if different from the
Issue Date):
9.
Maturity Date:
Interest Payment Date falling in June 2024

2

10.
Form of Notes:
Bearer
11.
Interest Basis:
3 month EURIBOR +0.75 per cent. per annum
Floating 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
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:
Non-syndicated
21.
Hybrid Securities:
Not applicable
22.
Interest:
Applicable
(i)
Interest Periods:
From and including the Interest Commencement Date
to but excluding the next Interest Period End Date, up
to the Maturity Date.
(ii)
Interest Period End Dates:
7 March, 7 June, 7 September and 7 December in
each year from and including 7 September 2018 up to
and including the Maturity Date.
(iii)
Business Day Convention Modified Following
for Interest Period End
Dates:
(iv)
Interest Payment Dates:
7 March, 7 June, 7 September and 7 December in
each year from and including 7 September 2018 up to
and including the Maturity Date.
(v)
Business Day Convention
Modified 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:
+0.75 per cent. per annum
(viii)
Minimum Interest Rate:
Not applicable
(ix)
Maximum Interest Rate:
Not applicable
(x)
Day Count Fraction:
Actual/360
(xi)
Determination Dates:
Not applicable
(xii)
Accrual to Redemption:
Applicable
(xiii)
Rate of Interest:
Floating Rate
(xiv)
Coupon Rate:
Not applicable
23.
Fixed Rate Provisions:
Not applicable

3

24.
Floating Rate Provisions:
Applicable
(i)
Manner in which the Rate of Screen Rate Determination
Interest and Interest Amount
is to be determined:
(ii)
Linear Interpolation:
Not applicable
25.
Screen Rate Determination:
Applicable
·
Reference Rate:
3 month EURIBOR
·
Interest Determination
Second TARGET2 day prior to the start of each
Dates:
Interest Period
·
Specified Time:
11:00 am, Brussels time
·
Relevant Screen Page:
Reuters page EURIBOR01
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:

4

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:
53.
Early Redemption Amount:
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:

5

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 17 July 2018.
The Existing Notes are admitted to trading on
Euronext Paris.
(ii)
Estimate of total expenses
EUR 10,100
related to admission to
trading:
2.
Ratings

Ratings:
The Notes to be issued are expected to be rated Baa1
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 by
DBRS Ratings Limited ("DBRS Limited").

Obligations rated Baa 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 1 indicates that the
obligation ranks in the higher end of its generic rating
category.

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 Limited, an A rating means that
the Issuer's capacity for the payment of financial
obligations is considered substantial. Such capacity
may be vulnerable to future events, but qualifying
negative factors are considered manageable.

Each of Moody's, S&P, Fitch France and DBRS
Limited is established in the European Union and is
registered under Regulation (EC) No. 1060/2009 (as
amended).

7

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.
OPERATIONAL INFORMATION

(i)
ISIN:
Temporary ISIN: XS1858036517
Permanent ISIN: XS1626933102
(ii)
Common Code:
Temporary Common Code: 185803651
Permanent Common Code: 162693310
(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:

5.
EU Benchmarks Regulation
Applicable
Amounts payable under the Notes are calculated by
reference to EURIBOR which is provided by IMME.
As at the date of this Final Terms, IMME is not
included in the register of administrators and
benchmarks established and maintained by the
European Securities and Markets Authority
("ESMA") pursuant to Article 36 of the Benchmark
Regulation (Regulation (EU) 2016/1011) (the
"BMR").

8