BNP Paribas broadcasts redemption

Paris, 29 Novemberth2021

BNP Paribas broadcasts redemption for regulatory causes two of it Undated Deeply Subordinated Notes issued on 13 July 2006 and 25 June 2007, Shedding your Tier 1 eligibility as on 01 Jan 2022

  • €150 million undated tremendous subordinated observe (ISIN: FR00010348565) issued on 13 July 2006*


  • USD1.1bn undated tremendous subordinated observe (ISIN: US05565AAB98 -USF1058YHX97) issued 25 June 2007*

BNP Paribas right this moment introduced the redemption for regulatory causes of two of its undated deeply subordinated notes issued on 13 July 2006 (ISIN: FR0010348565) and 25 June 2007 (ISIN: US05565AAB98 – USF1058YHX97), along with “Notes”.

Notes shall be redeemed in accordance with situation 6.2(b)(i) of their Phrases and Circumstances (redemption for regulatory causes or taxation causes) at a price equal to 100% of the principal quantity plus any curiosity quantity. , and excluding the observe redemption date of three January 2022.

In accordance with paragraphs 484 and 486 of Rules (EU) No. 575/2013 (as amended, “CRR“), notes will lose the good thing about the Grandfathering Clause, which allowed their recognition as Tier 1 capital, with impact from January 1, 2022.

On the Observe Redemption Date, the Observe Principal quantity shall change into due and payable and, in accordance with situation 4(1) of their Phrases and Circumstances, curiosity shall stop to be paid on every Observe on that date.

The holders of the Notes will likely be formally knowledgeable concerning the implementation of the Observe Redemption as per the phrases and circumstances of the Notes.

As of 30 September 2021, the face worth of € notes was €150 million, and the face worth of USD notes was $1.1 billion. The whole quantity in regulatory capital for these two notes was roughly €970m.

In accordance with the relevant regulation, BNP Paribas has requested and obtained prior permission of the European Central Financial institution to money notes.

For extra data on BNP Paribas, please go to its web site: https://make


This press launch doesn’t solicit a proposal to purchase or promote the Notes in the US, Canada, Australia or Japan or some other jurisdiction. In some jurisdictions the distribution of this press launch could also be restricted by legislation., Individuals in whose possession this press launch happens should notify themselves and adjust to any such restrictions.

No communication or data referring to redemption of notes may be distributed To the general public in any jurisdiction through which registration or approval is required. no motion has been taken will likely be taken In any jurisdiction the place such motion could be required. Redemption of notes could also be topic to particular authorized and regulatory restrictions in some jurisdictions; BNP Paribas disclaims any legal responsibility for any breach by any individual of such restrictions.

This press launch is a communication for promoting functions; and neither this press launch nor any discover or different doc made public and/or distributed, or which can be made public and/or given to the observe holders in reference to the redemption of the notes or It’s meant to be a brochure for the needs of Regulation of the European Parliament and Council (EU) 2017/1129 of June 14, 2017 (as amended, “brochure regulation, no brochure will likely be printed In respect of redemption of notes for the needs of prospectus regulation.

This isn’t a press launch and in no way shall represent Solicitation of the general public in reference to any provide of notes to the general public by BNP Paribas or in any jurisdiction, together with France.

*ISIN quantity is included just for the comfort of the Observe holders. No Guarantee is given With regard to the accuracy or correctness of the ISIN quantity as contained therein and a holder could rely solely on the identification quantity, if any, printed on his observe. Any redemption described herein shall not be affected by any defect or omission in such numbers.,


Claire Sinex – Debt Investor Relations Officer – – Tel: +33 6 81 53 41 22
Didier Leblanc – Investor Relations Officer – – Tel: +33 1 42 98 43 13
Philippe Regli – Investor Relations Officer – – Tel: +33 1 43 16 94 89
Lisa Bugat – Investor Relations Officer – – Tel: +33 1 42 98 23 40

About BNP Paribas
BNP Paribas is a number one financial institution in Europe with a world attain. It operates in 68 nations and has over 193,000 staff, together with roughly 148,000 in Europe. The group has main positions in its three fundamental actions: home market and worldwide monetary providers (whose retail-banking community and monetary providers are coated by retail banking and providers) and company and institutional banking, which serves two shopper franchises. Company purchasers and institutional traders. The group helps all its purchasers (people, neighborhood associations, entrepreneurs, SMEs, company and institutional purchasers) to understand their initiatives by way of options for financing, funding, financial savings and safety insurance coverage. In Europe, the group has 4 home markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Private Finance is the European chief in client lending. BNP Paribas is rolling out its built-in retail-banking mannequin throughout a big community in Mediterranean nations, Turkey, Japanese Europe and the western a part of the US. In its company and institutional banking and worldwide monetary providers actions, BNP Paribas can be top-ranked in Europe, with a robust presence within the Americas in addition to a stable and quickly rising enterprise within the Asia-Pacific.

  • BNPP Press Launch – 29 November 2021

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