n.662816 Aprile 2014
SeDeX - INV.
Mittente del comunicato : Borsa Italiana
: BNP PARIBAS ARBITRAGE ISSUANCE
Oggetto : Inizio negoziazione 'Investment Certificates
- Classe B' 'BNP PARIBAS ARBITRAGE
ISSUANCE' emessi nell'ambito di un
Testo del comunicato
Si veda allegato.
Disposizioni della Borsa
CARATTERISTICHE SALIENTI DEI TITOLI OGGETTO DI QUOTAZIONE
Bonus Cap su azioni
DISPOSIZIONI DELLA BORSA ITALIANA
Dal giorno 17/04/2014, gli strumenti finanziari 'Bonus Cap su azioni' (vedasi scheda
riepilogativa delle caratteristiche dei securitised derivatives) verranno inseriti nel Listino
Ufficiale, sezione Securitised Derivatives.
- Scheda riepilogativa delle caratteristiche dei securitised derivatives;
- Estratto del prospetto di quotazione dei Securitised Derivatives
Strumenti finanziari: Bonus Cap su azioni
Emittente: BNP PARIBAS ARBITRAGE ISSUANCE
Garante: BNP Paribas
Rating Emittente: Societ di Rating Long Term Data Report
Moody's A2 17/07/2013Standard & Poor's A+ 20/06/2013Fitch Ratings A+ 17/07/2013
Oggetto: INIZIO NEGOZIAZIONI IN BORSA
Data di inizio negoziazioni: 17/04/2014
Mercato di quotazione: Borsa - Comparto SEDEX 'Investment Certificates -Classe B'
Orari e modalit di negoziazione: Negoziazione continua e l'orario stabilito dall'art. IA.7.3.1delle Istruzioni
Operatore incaricato ad assolverel'impegno di quotazione:
BNP Paribas Arbitrage SNCMember ID Specialist: IT0540
Tipo di liquidazione: monetaria
Modalit di esercizio: europeo
Codice Isin TradingCode
Descrizione Sottostante Tipologia DataScadenza
1 NL0010402178 P02178 758745 BPAISPCCPBON120%CB1,9155E071015 Intesa Sanpaolo SpA Inv 07/10/15 100 100000 1 26 1,9155 3,0648 75 120 120 2,554
2 NL0010402186 P02186 758746 BPAUCGCCPBON120%CB5,0288E071015 UniCredit SpA Inv 07/10/15 100 100000 1 26 5,0288 8,046 75 120 120 6,705
3 NL0010402194 P02194 758747 BPATITCCPBON121%CB0,6251E071015 Telecom Italia SpA Inv 07/10/15 100 100000 1 25 0,6251 1,0805 70 121 121 0,893
4 NL0010402202 P02202 758748 BPAFCCPBON119%CB6,146E071015 Fiat SpA Inv 07/10/15 100 100000 1 25 6,146 10,4482 70 119 119 8,78
1 / 40
FINAL TERMS DATED 9 APRIL 2014
(incorporated in France) (as Issuer)
(incorporated in France) (as Guarantor)
(Note, Warrant and Certificate Programme)
Up to 100,000 EUR "Capped Bonus" Certificates relating to a Share
BNP Paribas Arbitrage S.N.C. (as Manager)
Any person making or intending to make an offer of the Securities may only do so:
(i) in those Public Offer jurisdictions mentioned in Paragraph 47 of Part A below, provided such person is of a kind specified in that paragraph and that the offer is made during the Offer Period specified in that paragraph; or
(ii) otherwise in circumstances in which no obligation arises for the Issuer or any Manager to publish a prospectus pursuant to Article 3 of the Prospectus Directive or to supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer.
None of the Issuer, the Guarantor or any Manager has authorised, nor do they authorise, the making of any offer of Securities in any other circumstances.
The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.
PART A - CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Base Prospectus dated 3 June 2013, each Supplement to the Base Prospectus published and approved on or before the date of these Final Terms (copies of which are available as described below) and any other Supplement to the Base Prospectus which may have been published and approved before the issue of any additional amount of Securities (the "Supplements") (provided that to the extent any such Supplement (i) is published and approved after the date of these Final Terms and (ii) provide for any change to the Conditions of the Securities such changes shall have no effect with respect to the Conditions of the Securities to which these Final Terms relate) which together constitute a base prospectus for the purposes of Directive 2003/71/EC (the "Prospectus Directive") (the "Base Prospectus"). The Base Prospectus has been passported into Italy in compliance with Article 18 of the Prospectus Directive. This document constitutes the Final Terms of the Securities described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus. Full information on BNP Paribas Arbitrage Issuance B.V. (the "Issuer"), BNP Paribas (the "Guarantor") and the offer of the Securities is only available on the basis of the combination of these Final Terms and the Base Prospectus. A summary of the Securities (which comprises the Summary in the Base Prospectus as amended to reflect the provisions of these Final Terms) is annexed to these Final Terms. The Base Prospectus, any Supplement(s) to the Base Prospectus and these Final Terms are available for viewing on the following website: www.prodottidiborsa.it for public offering in Italy and copies may be obtained free of charge at the specified offices of the Security Agents. The Base Prospectus and the Supplement(s) to the Base Prospectus will also be available on the AMF website www.amf-france.org.
References herein to numbered Conditions are to the terms and conditions of the relevant series of Securities and words and expressions defined in such terms and conditions shall bear the same meaning in these Final Terms in so far as they relate to such series of Securities, save as where otherwise expressly provided.
These Final Terms relate to the series of Securities as set out in "Specific Provisions for each Series" below. References herein to "Securities" shall be deemed to be references to the relevant Securities that are the subject of these Final Terms and references to "Security" shall be construed accordingly.
2 / 40
SPECIFIC PROVISIONS FOR EACH SERIES
Series Number / ISIN Code
No. of Securities
No. of Securities
Trading Code of Borsa
Issue Price per Security
Strike Price Barrier Level Bonus Level Percentage
Cap Level Cap Level Percentage
Exercise Date Exercise Settlement Date
NL0010402178 100,000 100,000 105518153 P02178 EUR 100 EUR 2.554 EUR 1.9155 120% EUR 3.0648 120% 7 October 2015 14 October 2015 NL0010402186 100,000 100,000 105518188 P02186 EUR 100 EUR 6.705 EUR 5.0288 120% EUR 8.046 120% 7 October 2015 14 October 2015 NL0010402194 100,000 100,000 105518234 P02194 EUR 100 EUR 0.893 EUR 0.6251 121% EUR 1.0805 121% 7 October 2015 14 October 2015 NL0010402202 100,000 100,000 105518293 P02202 EUR 100 EUR 8.78 EUR 6.146 119% EUR 10.4482 119% 7 October 2015 14 October 2015 NL0010402210 100,000 100,000 105511698 P02210 EUR 100 EUR 0.7575 EUR 0.5303 124% EUR 0.9393 124% 7 October 2015 14 October 2015
Series Number / ISIN Code
Share Share Currency
ISIN of Share Reuters Code of Share / Reuters
Share Company Website Exchange Exchange Website
NL0010402178 Intesa Sanpaolo SpA EUR IT0000072618 ISP.MI www.intesasanpaolo.com Borsa Italiana www.borsaitaliana.it NL0010402186 UniCredit SpA EUR IT0004781412 CRDI.MI www.unicreditgroup.eu Borsa Italiana www.borsaitaliana.it NL0010402194 Telecom Italia SpA EUR IT0003497168 TLIT.MI www.telecomitalia.it Borsa Italiana www.borsaitaliana.it NL0010402202 Fiat SpA EUR IT0001976403 FIA.MI www.fiat.it Borsa Italiana www.borsaitaliana.it NL0010402210 Banca Popolare di Milano
Scarl EUR IT0000064482 PMII.MI www.bpm.it Borsa Italiana www.borsaitaliana.it
3 / 40
The following terms apply to each series of Securities:
BNP Paribas Arbitrage Issuance B.V.
3. Trade Date:
4. Issue Date:
9 April 2014.
6. Type of Securities:
(a) Certificates. (b) The Securities are Share Securities.
Automatic Exercise applies on the Exercise Date. The Exercise Date is as set out in "Specific Provisions for each Series" above, or if such day is not a Business Day, the immediately subsequent Business Day. The Exercise Date will be subject to the same adjustments provided for the Redemption Valuation Date. For the purposes of Borsa Italiana, the Exercise Date shall be deemed to be also the expiration date of the Securities. The Exercise Settlement Date is as set out in "Specific Provisions for each Series" above. The minimum number of Securities that may be exercised by the Holder is (1) one Security and in excess thereof by multiples of (1) one Security. The provisions of Annex 3 (Additional Terms and Conditions for Share Securities) shall a