Obligation BNP Paribas SA 1.25% ( XS1793252419 ) en EUR

Société émettrice BNP Paribas SA
Prix sur le marché 100 %  ▲ 
Pays  France
Code ISIN  XS1793252419 ( en EUR )
Coupon 1.25% par an ( paiement annuel )
Echéance 18/03/2025 - Obligation échue



Prospectus brochure de l'obligation BNP Paribas XS1793252419 en EUR 1.25%, échue


Montant Minimal 100 000 EUR
Montant de l'émission 850 000 000 EUR
Description détaillée 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 XS1793252419, paye un coupon de 1.25% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 18/03/2025









PROHIBITION OF SALES TO EEA RETAIL INVESTORS ­The Notes are not intended to be offered,
sold or otherwise made available to and should not be offered, sold or otherwise made available to
any retail investor in the EEA. For these purposes, a retail investor means a person who is one (or
more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended,
"MiFID II"); or (ii) a customer within the meaning of Directive 2002/92/EC (as amended, the
"Insurance Mediation Directive"), where that customer would not qualify as a professional client as
defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the
Prospectus Directive. Consequently no key information document required by Regulation (EU) No
1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Notes or otherwise
making them available to retail investors in the EEA has been prepared and therefore offering or
selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful
under the PRIIPs Regulation.
MiFID II product governance / target market assessment ­ Solely for the purposes of the
manufacturer's product approval process, the target market assessment in respect of the Notes,
taking into account the five categories in item 18 of the Guidelines published by ESMA on 5 February
2018, has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and
professional clients, each as defined in Directive 2014/65/EU (as amended, "MiFID II"); (ii) all
channels for distribution to eligible counterparties and professional clients are appropriate. Any
person subsequently offering, selling or recommending the Notes (a "distributor") should take into
consideration the manufacturer's target market assessment; however, a distributor subject to MiFID
II is responsible for undertaking its own target market assessment in respect of the Notes (by either
adopting or refining the manufacturer's target market assessment) and determining appropriate
distribution channels, subject to the distributor's suitability and appropriateness obligations under
MiFID II, as applicable.

FINAL TERMS
Final Terms dated 7 March 2019
BNP PARIBAS
(incorporated in France)
(the Issuer)
Legal entity identifier (LEI): R0MUWSFPU8MPRO8K5P83

Issue of EUR 100,000,000 1.250 per cent. Senior Non Preferred Notes Tranche 2 of
series 18682 (the "Notes") to be consolidated and form a single series with Issue of
EUR 750,000,000 1.250 per cent. Senior Non Preferred Notes Tranche 1 of series 18682
(the "Existing Notes") due 19 March 2025 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 2 August 2017 which received visa n° 17-415 from the Autorité des
marchés financiers ("AMF") on 2 August 2017 and the Supplements to it dated 6 November 2017 which
received visa n°17-574 from the AMF on 6 November 2017, and dated 15 February 2018 which
received visa n°18-042 from the AMF on 15 February 2018 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 Autorité des marchés
financiers ("AMF") on 5 July 2018 and the Supplements to it dated 6 August 2018, 9 November 2018
and 14 February 2019, which together constitute 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. he Base Prospectus, these Final
Terms and the Supplements to the Base Prospectus (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 Final Terms, the Base Prospectus and the Supplements
to the Base Prospectus will also be available on the AMF website (www.amf-france.org). A copy of
these Final Terms and the Base Prospectus and the Supplements to 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:
18682
(ii)
Tranche Number:
2
The Notes are to be consolidated and form a single
Series with the Existing Notes from the Exchange Date.
The exchange date for Tranche 2 is 2 May 2019
3.
Specified Currency:
EUR
4.
Aggregate Nominal Amount:
(i)
Series:
EUR 850,000,000
(ii)
Tranche:
EUR 100,000,000
5.
Issue Price of Tranche:
100.26 per cent. of the Aggregate Nominal Amount plus
accrued interest amounting to EUR 1,208,904.11 from
and including the Interest Commencement Date to but
excluding the Issue Date
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
(Applicable to Notes in
definitive form):
8.
(i)
Issue Date:
7 March 2019


2




Interest
Commencement 19 March 2018
(ii)
Date (if different from the
Issue Date):
9.
(i)
Maturity Date:
19 March 2025

(ii)
Business day Convention Not applicable
for Maturity Date:
10.
Form of Notes:
Bearer
11.
Interest Basis:
1.250 per cent. per annum Fixed Rate (further
particulars specified below)


3




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
MREL/TLAC Criteria Event: Not applicable
18.
Knock-in Event:
Not applicable
19.
Knock-out Event:
Not applicable
20.
Method of distribution:
Syndicated
21.
Hybrid Securities:
Not applicable
22.
Tax Gross-Up:
Condition 6(d) (No Gross-Up) of the Terms and
Conditions of the English Law Notes not applicable
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
23.
Interest:
Applicable
(i)
Interest Periods:
From and including the Interest Commencement Date


to but excluding the Interest Payment Date falling on


19 March 2019. 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:
19 March in each year from and including 19 March


2019 to and including the Maturity Date
(iii)
Business Day Convention Not applicable

for Interest Period End


Dates:

(iv)
Interest Payment Dates:
19 March in each year from and including 19 March


2019 to and including the Maturity Date
(v)
Business Day Convention
Following

for Interest Payment Dates:
(vi)
Party responsible for
Not applicable

calculating the Rate 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:
19 March in each year
(xii)
Accrual to Redemption:
Applicable
(xiii)
Rate of Interest:
Fixed Rate
(xiv)
Coupon Rate:
Not applicable


4




24.
Fixed Rate Provisions:
Applicable
(i)
Fixed Rate of Interest:
1.250 per cent. per annum payable annually in arrear


on each Interest Payment Date
(ii)
Fixed Coupon Amount:
EUR 12.50 per Calculation Amount
(iii)
Broken Amount:
Not applicable
(iv)
Resettable Notes:
Not applicable
25.
Floating Rate Provisions:
Not applicable
26.
Screen Rate Determination:
Not applicable
27.
ISDA Determination:
Not applicable
28.
FBF Determination:
Not applicable
29.
Zero Coupon Provisions:
Not applicable
30.
Index Linked Interest Provisions:
Not applicable
31.
Share Linked Interest Provisions:
Not applicable
32.
Inflation Linked Interest Provisions:
Not applicable
33.
Commodity
Linked
Interest
Not applicable
Provisions:

34.
Fund Linked Interest Provisions:
Not applicable
35.
ETI Linked Interest Provisions:
Not applicable
36.
Foreign Exchange (FX) Rate Linked Not applicable
Interest Provisions:
37.
Underlying Interest Rate Linked Not applicable
Interest Provisions:
38.
Additional Business Centre(s) 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):
PROVISIONS RELATING TO REDEMPTION
39.
Final Redemption:
Calculation Amount x 100 per cent.
40.
Final Payout:
Not applicable
41.
Automatic Early Redemption:
Not applicable
42.
Issuer Call Option:
Not applicable
43.
Noteholder Put Option:
Not applicable
44.
Aggregation:
Not applicable
45.
Index Linked Redemption Amount:
Not applicable
46.
Share Linked Redemption Amount:
Not applicable
47.
Inflation Linked Redemption Amount: Not applicable

48.
Commodity
Linked
Redemption
Not applicable

Amount:

5




49.
Fund Linked Redemption Amount:
Not applicable


50.
Credit Linked Notes:
Not applicable
51.
ETI Linked Redemption Amount:
Not applicable
52.
Foreign Exchange (FX) Rate Linked
Not applicable
Redemption Amount:
53.
Underlying Interest Rate Linked
Not applicable
Redemption Amount:
54.
Early Redemption Amount:
Calculation Amount Percentage: Calculation Amount x
100 per cent.
55.
Provisions applicable to Physical
Not applicable
Delivery:
56.
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:
57.
CNY Payment Disruption Event:
Not applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
58.
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.
59.
Financial Centre(s) or other special Not applicable
provisions relating to Payment Days
for the purposes of Condition 4(a):
60.
Identification information of Holders:
Not applicable
61.
Talons for future Coupons or Receipts No
To be attached to definitive Notes
(and dates on which such Talons
Mature):
late payment: Not applicable

62.
Details relating to Partly Paid Notes:
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 Bearer Global Note or
Permanent Bearer Global Note,
consequences of failure to pay,
including any right of the Issuer to
forfeit the Notes and interest due on


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 7 March 2019.


The Existing Notes have already been admitted to

trading on Euronext Paris.



(ii)
Estimate of total expenses
related to admission to
EUR 10,100 including AMF fees
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 S&P Global
Ratings Europe Limited ("S&P"), A+ by Fitch France
S.A.S. ("Fitch France") and A (High) 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 SAS 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).


8




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.
Yield
Indication of yield:
1.250 per cent. per annum
The yield is calculated at the Issue Date on the basis
of the Issue Price. It is not an indication of future yield.
5.
Operational Information
(i)
ISIN:
Temporary ISIN : XS1960391719


Permanent ISIN: XS1793252419
(ii)
Common Code:
Temporary Common Code: 196039171

Permanent Common Code: 179325241
(iii)
Any clearing system(s) other Not applicable
than Euroclear and
Clearstream, Luxembourg
approved by the Issuer and
the Principal Paying Agent
and
the
relevant
identification number(s):
(iv)
Delivery:
Delivery against payment
(v)
Additional Paying Agent(s)
(if any):
Not applicable
(vi)
Intended to be held in a
manner which would allow No. Whilst the designation is specified as "no" at the
Eurosystem eligibility:
date of these Final Terms, should the Eurosystem

eligibility criteria be amended in the future such that the

Notes are capable of meeting them the Notes may then

be deposited with one of the ICSDs as common safe-

keeper. Note that this does not necessarily mean that

the Notes will then be recognised as eligible collateral

for Eurosystem monetary policy and intra day credit

operations by the Eurosystem at any time 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:





9


Document Outline