BPCEGP 4.600% 21Jan2035 Corp (SGD)

Bond Factsheet

BPCE SA

Indicative

Full Lot

Bid Price

101.933

Change in Bid Price

remove 0.100

Bid Yield (%)

3.966 %

Change in Bid Yield

0.032

Ask Price

102.592

Change in Ask Price

remove 0.083

Ask Yield (%)

3.753 %

Change in Ask Yield

0.026

Indicative price as of 02 Oct 2026, 4:33pm

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Bond Information

BPCE operates as a bank. The Bank provides personal banking, insurance, loans, real estate financing, asset and wealth management, payments, and investment solutions for individuals, not-for-profit associations, and businesses. BPCE serves customers worldwide.

Bond Issuer

BPCE SA

Guarantor

Announcement Date

13 Jan 2025

Issue Date

21 Jan 2025

Maturity Date

21 Jan 2035

Years to Maturity / Next Call

8.303 / 3.300

Modified Duration

6.819 @ 02 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

4.600

Coupon Type

Variable

Annual Coupon Rate

4.600

Coupon Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Tier 2

Reference Rate

Reset Date: 21 January 2030
Reset Rate: 5-year SORA OIS Rate + Initial Margin (1.700%)

ISIN

FR001400WN84

CUSIP

YS5933074

Bond Currency

SGD

Total Issue Size

300,000,000

Min. Investment Quantity (Nominal)

SGD 250,000

Incremental Quantity (Nominal)

SGD 250,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ A+

Bond Credit Rating (S&P/ Fitch)

***/ BBB+

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Loss Absorption

Tier 2

Statutory Write-Down or Conversion

Acknowledgement. Notwithstanding any other term of any Series of Notes or any other agreement, arrangement or understanding between the Issuer and the Noteholders, by its acquisition of the Notes, each Noteholder (which, for the purposes of this Condition 17 includes each holder of a beneficial interest in the Notes) acknowledges, accepts, consents and agrees:

(i) to be bound by the effect of the exercise of the Bail-In Power (as defined below) by the Relevant Resolution Authority, which may include and result in any of the following, or some combination thereof:

(1) the reduction of all, or a portion, of the Amounts Due (as defined below) on a permanent basis;

(2) the conversion of all, or a portion, of the Amounts Due into shares, other securities or other obligations of the Issuer or another person (and the issue to the Noteholder of such shares, securities or obligations), including by means of an amendment, modification or variation of the terms of the Notes, in which case the Noteholder agrees to accept in lieu of its rights under the Notes any such shares, other securities or other obligations of the Issuer or another person;

(3) the cancellation of the Notes;

(4) the amendment or alteration of the maturity of the Notes or amendment of the amount of interest payable on the Notes, or the date on which the interest becomes payable, including by suspending payment for a temporary period; and

(ii) that the terms of the Notes are subject to, and may be varied, if necessary, to give effect to, the exercise of the Bail-In Power by the Relevant Resolution Authority.

Waiver of Set-Off:

No holder of Notes may at any time exercise or claim any Waived Set-Off Rights against any right, claim, or liability the Issuer has or may have or acquire against such holder of Notes, directly or indirectly, howsoever arising (and, for the avoidance of doubt, including all such rights, claims and liabilities arising under or in relation to any and all agreements or other instruments of any sort, whether or not relating to such Note) and each holder of Notes shall be deemed to have waived all Waived Set-Off Rights to the fullest extent permitted by applicable law in relation to all such actual and potential rights, claims and liabilities.

“Waived Set-Off Rights” means any and all rights of or claims of any holder of Notes for deduction, set off, netting, compensation, retention or counterclaim arising directly or indirectly under or in connection with any Note

Issuer Call

The Issuer may redeem the Notes at their Optional Redemption Amount (specified in the Final Terms), in whole but not in part, on the Optional Redemption Date at the Issuer’s discretion, subject to certain conditions being met, inter alia, regulatory permission in accordance with Article 78 of the CRR (as further detailed in the Base Prospectus)

Optional Redemption Date: 21 January 2030

Additional Note

The Issuer may, at its option, redeem all (but not some only) of the outstanding Notes at their Early Redemption Amount (specified in the Final Terms), together with accrued interests (if any) upon the occurrence of a Capital Event, a MREL/TLAC Disqualification Event or a Tax Event (either a Withholding Tax Event, a Gross-Up Event or a Tax Deductibility Event (each as defined in the Base Prospectus)), in each case, subject to certain conditions being met, inter alia, regulatory permission if required (as further detailed in the Base Prospectus).

Where:

“Capital Event” means a change in the regulatory classification of the Notes, that was not reasonably foreseeable at their Issue Date, as a result of which such Notes would be fully excluded from Tier 2 Capital;

“MREL/TLAC Disqualification Event” means, that at any time all or part of the outstanding principal amount of the Notes does not fully qualify as MREL/TLAC-Eligible Instruments; except where such non-qualification was reasonably foreseeable at the Issue Date or is due to the remaining maturity of such Notes being less than any period prescribed by the Applicable MREL/TLAC Regulations.

“MREL/TLAC-Eligible Instrument” means an instrument (including, for the avoidance of doubt, own funds) of the Issuer that is eligible to be counted towards the MREL of the Issuer and that constitutes a TLAC-eligible instrument of the Issuer (within the meaning of the FSB TLAC Term Sheet), in each case, in accordance with Applicable MREL/TLAC Regulations;

“Relevant Regulator” means the European Central Bank and any successor or replacement thereto, or other authority including, but not limited to any resolution authority, having primary responsibility for the prudential oversight and supervision of the Issuer and/or the application of the Applicable Banking Regulation to the Issuer and the Groupe BPCE; and

“Tier 2 Capital” means capital which is treated by the Relevant Regulator as a constituent of tier 2 under Applicable Banking Regulations from time to time for the purposes of the Issuer.

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Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data