Obligation BNP Paribas SA 1% ( XS1808338542 ) en EUR

BNP Paribas SA

100 % ▲

France

XS1808338542 ( en EUR )

1% par an ( paiement annuel )

16/04/2024 - Obligation échue

Prospectus brochure de l'obligation BNP Paribas XS1808338542 en EUR 1%, échue

100 000 EUR

500 000 000 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 XS1808338542, paye un coupon de 1% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 16/04/2024

EXECUTION VERSION
FINAL TERMS
Final Terms dated 13 April 2018

BNP PARIBAS
(incorporated in France)
(the Issuer)
Issue of EUR 500,000,000 1.00 per cent. Senior Non Preferred Notes due 17 April 2024
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 the Base Prospectus dated 6
November 2017 which received visa n°17-574 from the AMF on 6 November 2017, dated 15 February
2018 which received visa n°18-042 from the AMF on 15 February 2018, and dated 28 March 2018
which received visa n°18-097 from the AMF on 28 March 2018 which together constitute 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, 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 Base Prospectus, these Final Terms 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, 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:
18720
Tran
(ii)
che
Number:
1
3.
Specified Currency:
EUR
4.
Aggregate Nominal Amount:

Series
(i)
:
EUR 500,000,000
Tran
(ii)
che:
EUR 500,000,000
5.
Issue Price of Tranche:
99.618 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.
Cal
(ii)
culation
Amount
EUR 1,000
(Applicable to Notes in
definitive form):
8.
(i)
Issue Date and Interest 17 April 2018
Commencement Date:
Interes
(ii)
t
Commencement
Not applicable
Date (if different from the
Issue Date):
9.
(i) Maturity
Date:
17 April 2024
(ii)
Business Day Convention Not applicable

for Maturity Date:
10.
Form of Notes:
Bearer
2

11.
Interest Basis:
1.00 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
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
Interes
(i)
t
Periods:
From and including the Interest Commencement Date
to but excluding the Interest Payment Date falling on
17 April 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:
17 April in each year from and including 17 April 2019
to and including the Maturity Date

(iii)
Business Day Convention Not applicable
for Interest Period End
Dates:
(iv
)
Interest Payment Dates:
17 April in each year from and including 17 April 2019
to and including the Maturity Date
(v
)
Business Day Convention Following
for Interest Payment Dates:
(v
i)
Party responsible for
Not applicable
calculating the Rate of
Interest and Interest
Amounts (if not the
Calculation Agent):
Margi
(vii)
n:
Not applicable
Minimum
(viii)
Interest
Rate:
Not applicable
(ix
)
Maximum Interest Rate:
Not applicable
(x
)
Day Count Fraction:
Actual/Actual (ICMA)
(x Determinatio
i)
n
Dates:
17 April in each year

(xii)
Accrual to Redemption:
Applicable

(xiii)
Rate of Interest:
Fixed Rate
3

(xiv) Coupon
Rate:
Not applicable
24.
Fixed Rate Provisions:
Applicable

(i)
Fixed Rate of Interest:
1.00 per cent. per annum payable annually in arrear
on each Interest Payment Date

(ii)
Fixed Coupon Amount:
EUR 10.00 per Calculation Amount
Broken
(iii)
Amount:
Not applicable
(iv Re
)
settable
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
Not applicable
Amount:
48.
Commodity Linked Redemption Not
applicable
4

Amount:

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 No
Receipts to be attached to definitive
Notes (and dates on which such
Talons mature):
62.
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 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
late payment:
63.
Details relating to Notes redeemable Not applicable
in instalments: amount of each
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 April 2018.
(ii)
Estimate of total expenses EUR 9,900 including AMF fees
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
(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 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.
Reasons for the Offer
Reasons for the offer:
The net proceeds of the issue of the Notes will be
allocated or reallocated from time to time to the
financing and/or refinancing, in whole or in part, of
Eligible Green Assets as defined below and further
described in the BNP Paribas Green Bond Framework
dated 12/01/2018 available on
https://invest.bnpparibas.com/en/green-bond-issues,
as may be amended from time to time by the Issuer
(the "BNP Paribas Green Bond Framework").
Pending the allocation or reallocation, as the case
may be, of the net proceeds of the Notes to Eligible
Green Assets, the Issuer will invest the balance of the
net proceeds, at its own discretion, in cash and/or
cash equivalent and/or other liquid marketable
instruments. The Issuer will use its best efforts to
substitute any redeemed loans, any other form of
financing that is no longer financed or refinanced by
the net proceeds, and/or any such loans or any other
form of financing which cease to be Eligible Green
Assets, as soon as practicable once an appropriate
substitution option has been identified. The Issuer will
monitor the use of the net proceeds of the Notes via
its internal information systems.
For the avoidance of doubt, payment of principal and
interest in respect of the Notes will be made from
general funds of the Issuer and will not be directly or
indirectly linked to the performance of Eligible Green
Assets.
"Eligible Green Assets" means any existing, ongoing
and/or future loans or any other form of financing from
Eligible Sectors selected by the Issuer, which meet
the Eligibility Criteria, all in accordance with the BNP
Paribas Green Bond Framework.
Eligible Sectors means the following sectors (all as
more fully described in the BNP Paribas Green Bond
Framework):
· Renewable Energies
· Energy Efficiency
· Mass and Public Transportation
· Water Management and Water Treatment
· Recycling
For the avoidance of doubt, the following sectors are
excluded from the BNP Paribas Green Bond
Framework: defence and security, palm oil, wood
pulp, nuclear power generation, coal-fired power
generation, unconventional oil and gas, mining and
tobacco.
8

"Eligibility Criteria" means the criteria with which any
loan or any other form of financing should comply, at
any time, in order to be considered as an Eligible
Green Asset (as such criteria may be amended, from
time to time, by the Issuer, subject to external review
by third parties, as the case may be, as per the BNP
Paribas Green Bond Framework). As part of the
application of the Eligibility Criteria, the Issuer will
assess the potential environmental, social and
governance risks of the relevant assets, in line with its
framework for managing such risks, including specific
risk assessment tools and the Equator Principles. The
selection of the Eligible Green Assets in accordance
with the Eligibility Criteria will then be verified by
external third parties, as per the BNP Paribas Green
Bond Framework.
As long as any Notes are outstanding, the Issuer is
expected to provide a report, at least annually, on (i)
the Eligible Green Assets financed or refinanced by
the net proceeds and their relevant environmental
impact indicators, (ii) the allocation of the net
proceeds of the Notes to Eligible Green Assets
detailing the aggregate amount dedicated to each of
the Eligible Sectors and (iii) the balance of unallocated
cash and/or cash equivalent and/or other liquid
marketable instruments still held by the Issuer, as
further described in the BNP Paribas Green Bond
Framework. The report will be published by the Issuer
on
https://invest.bnpparibas.com/en/green-bond-
issues.
Pursuant to the BNP Paribas Green Bond Framework,
a second party opinion has been obtained from an
appropriate second party opinion provider and the
Issuer has mandated an appropriate external
independent auditor to provide an assurance report.
The opinion and assurance report are available on
https://invest.bnpparibas.com/en/green-bond-issues.
5. Yield

Indication of yield:
1.066 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.
6. Operational
Information

(i) ISIN:
XS1808338542
(ii) Common
Code:
180833854
(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
9

(v)
Additional Paying Agent(s) Not applicable
(if any):
(vi)
Intended to be held in a No. Whilst the designation is specified as "no" at the
manner which would allow date of these Final Terms, should the Eurosystem
Eurosystem eligibility:
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:

10