BNP PARIBAS ISSUANCE B.V. - Issue Of ZAR100,000,000 Zero Recovery Credit Linked Certificates - BNPP06

Issue Of ZAR100,000,000 Zero Recovery Credit Linked Certificates - BNPP06

BNP Paribas Arbitrage Issuance B.V.

Stock Code: BNPP06

ISIN Code: ZAG000166018

Dated: 2 March 2020

ISSUE OF ZAR100,000,000 ZERO RECOVERY CREDIT LINKED CERTIFICATES
DUE 3 JANUARY 2025

Holders of the BNP Zero Recovery Credit Linked Certificates With
Principal and Interest At Risk on a 0% to 8% tranche of the
iTraxx® Europe Series 32 Version 1 under the Note, Warrant and
Certificate dated 3 June 2019 (read with JSE Placement Document
dated 1 September 2016) as supplemented from time to time.


Full Note details are as follows:

Nominal Issued:                 ZAR100,000,000
Issue Price:                    57%
Type of Securities:             Credit Linked Certificate
Coupon:                         Zero
Trade Type:                     Price
Underlying Index:               iTraxx Europe Series 32 Version
                                1
Interest Commencement Date:     3 March 2020
Interest Payment Date:          3 January 2025
Maturity Date:                  3 January 2025
Books Close:                    24 December 2024
Last day to register:           By 17h00 on 23 December 2024
Issue Date:                     3 March 2020
Date Convention:                Following
Placement Agent:                BNP Paribas Arbitrage S.N.C.

Settlement will take place electronically in terms of JSE Rules.

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2019/BN
PP06%20%20Pricing%20Supplement%20%2028022020.pdf


For further information on the Securities issued please contact:

Michael Schneider         BNP              Tel:(+33)140 1496 15
Sponsor: The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking division

Date: 02-03-2020 11:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.