NEW ISSUE: Bpifrance € bmk Short 7yr Green Sr Unsec; FRTR+19a
IGC European Market: Deal Flow - SSA
Issuer
Term
Maturity
Size
Ranking
Type
Guidance
Bpifrance
Short 7yr
25-Mar-33
bmk
Sr Unsec
Green
FRTR+19a
Guidance: 7yr: FRTR+19a (~MS+62bp)
Issuer:Bpifrance (ticker: BPIFRA)
Guarantee: Autonomous, unconditional and irrevocable on-demand guarantee from EPIC Bpifrance
LEI: 969500STN7T9MRUMJ267
Form of the Notes: Reg S, Dematerialised Notes – Bearer form
Issue Ratings: Aa3/A+ (Moody's/Fitch)
Settlement: 13-Jul-26 (T+5)
Maturity: 25-Mar-33
Size: € Benchmark
Guidance: +19bps area
Reference Bmk: Interpolation FRTR 2% 25-Nov-32 (MID) and FRTR 3% 25-May-33 (MID) (currently equivalent to ~MS+62 bps)
Coupon: TBD, Annual, Act/Act ICMA, short first
ISIN: FR0014019RX0
Listing: Euronext Paris
Law: French Law
Denoms: €100k + 100k
Clearing: Euroclear France
Joint Bookrunners: Barclays, J.P. Morgan, NatWest, Santander, Societe Generale
Target Market: Manufacturer target market (MIFID II product governance) is eligible counterparties and professional investors only (all distribution channels)
Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The prospectus, any supplements and the final terms will be available at https://www.bpifrance.fr/Investor-Relations
Documentation: Issuer’s Base Prospectus dated 12-Jun-26
UoP: The net proceeds of Bpifrance’s Green Bonds will be used to finance and/or refinance, in whole or in part, new or existing loans aiming at supporting Renewable Energy, Green Buildings, Green Techs, Clean Transportation, Waste Management and Green Industry projects that meet the Eligibility Criteria set out in Green Financing Framework. The Eligible Green Loans are in line with Bpifrance’s Climate Plan and aim at contributing to significant progress on Climate Change Mitigation and GHG emissions reduction.
Framework: Green Bond Framework dated 4-Aug-22, updated on 15-Mar-23 and 19-Jan-26