BPCE issued a notice to noteholders regarding the BPCE EUR 900,000,000 Contingent Tier 2 Capital Subordinated Fixed Rate Resettable Notes due January 2042 and the BPCE EUR 850,000,000 Contingent Tier 2 Capital Subordinated Fixed Rate Resettable Notes due October 2046. A Rating Methodology Event occurred due to a change in interpretation by S&P, leading to a reduction in Fixed Rate and Margin for both sets of Notes. This change prevents a Trigger Event from occurring. BNP PARIBAS serves as the Fiscal Agent, Principal Paying Agent, and Calculation Agent for the Notes.

Source: https://www.globenewswire.com/Tracker?data=UBe4IG171WFvboI043SbL5XiNUd-iP4TrFig8tn33sSEOm9Gi_zdQO-DaLeW_78_P0ojaAscqGi6KiBGMOw_eLSrM7PK20a0yCjbB6G2C7JKCm8_FhSOcPsPveu6PGQ5FENkt11ILcrQU3t5SxuhUIc5Ntz9qRpJX6kZZg9tJLVp2VEUyiZ8WWezJBnNRuo2PY1-dBi6iE24t-l1tzgxEwBwpGqjsIMhfgbGAJV6xXhJ_C1kzrkdPHhddpld1fr3

Read more at GlobeNewswire: Notice to Noteholders Serieds 2021-13 and 2021-14