Reoffer: 6yr: SARON MS +108 / 100 / 1.4775%
Benchmark: 6yr: Govt.+124
New min size: Min. CHF 200 (orig announced min. CHF 150)
Spread set at: 6yr: MS+108bp
IPTs: 6yr: MS+105/110bp
Issuer: BPCE SA (Ticker: BPCEGP)
Issuer Domicile: France
Format: Senior Non-Preferred Bonds
Status: Public Fixed Rate Bonds
Issuer Rating: A1 (Negative) (Moody's) / A+ (Stable) (S&P) / A (Stable) (Fitch)
Instrument Rating (exp): Baa1 (Moody's) / BBB+ (S&P) / A (Fitch)
Issue Size: CHF 215m
Coupon: 1.4775% p.a.
Maturity: 6 years (30-Mar-26 until 30-Mar-32)
Issue Price: 100.000%
Spread/Yield: SARON MS +108 // YTM 1.4775% // Govt.+124
ISIN / Security Number: CH1540977126 / 154097712
Lead Manager(s): Commerzbank, UBS, ZKB, Natixis (joint lead no books)
SNB Repo-eligibility: At the discretion of the SNB, expected no
Documentation: Under the Issuer’s €70,000,000,000 Euro Medium Term Note Programme, base prospectus dated 14-Nov-25, as supplemented from time to time
FinSA Prospectus: Delayed Swiss prospectus approval in accordance with art. 51(2) FinSA
Governing Law: French
Covenants: PP
SIX Listing: 26-Mar-26
Denomination: CHF 100,000
Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution channels). Prohibition of Sales to EEA Retail Investors restrictions apply, no key information document (KID) has been prepared as not available to retail investors in EEA.
Sales Restrictions: U.S.A., U.S. persons, EEA, France, UK, Italy, Belgium, Japan, Hong Kong, PRC, Singapore, in particular
Note: The Issuer is expected to publish its universal registration document on or around 18-Mar-26 in French and on or around 25-Mar-26 in English