Commentary & Deal Flow

BNP Paribas Cardif, (ticker: "BNP", country: FR) rated A by S&P, has mandated BNP Paribas as Sole Structuring Advisor and Bookrunner to arrange a series of fixed income investor calls starting on Monday 18 May 2026.

An expected € Benchmark, Reg S, Fixed Rate Resettable Subordinated Tier 2 EUR offering will follow, subject to market conditions.

• Stabilisation: Relevant stabilisation regulation applies.
• Manufacturer Target Market (EU MiFID II product governance): Eligible counterparties and professional clients only (all distribution channels).
• PRIIPs/KID: No EU PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in the EEA & UK.
• Advertisement: The Base Prospectus, any information incorporated by reference, any Supplement thereto (if any) and the Pricing Supplements will be available on the website of the Issuer (www.bnpparibascardif.com) and, as the case may be, on the website of the Luxembourg Stock Exchange (www.luxse.com).