Montrouge, on |
Undated deeply subordinated notes issued on February 4, 2005 (ISIN: FR0010161026)*
and
Undated deeply subordinated notes issued on
Crédit
- The redemption (the “2005 Note Redemption”) of all of its undated deeply subordinated notes issued on
February 4, 2005 (ISIN: FR0010161026) (the “2005 Notes”), onFebruary 4, 2022 (the “2005 Note Redemption Date”).
The 2005 Notes will be redeemed in accordance with Condition 6(2)(a) (General Call Option) of the Terms and Conditions of the 2005 Notes (the “2005 Note Terms and Conditions”) at a price equal to 100% of the principal amount plus the amount of any interest accrued up to and excluding the 2005 Note Redemption Date (the “2005 Note Redemption Amount”).
On the 2005 Note Redemption Date, the 2005 Note Redemption Amount will become due and payable and, in accordance with Condition 4(1) of the 2005 Note Terms and Conditions, each 2005 Note will cease to bear interest on that date.
Holders of the 2005 Notes will be formally notified of the implementation of the 2005 Note Redemption in accordance with the 2005 Note Terms and Conditions.
- The redemption (the “2007 Note Redemption”) of all of its undated deeply subordinated notes issued on
May 31, 2007 (ISIN: US225313AA37 - USF22797FJ25) (the “2007 Notes”, and together with the 2005 Notes, the “Notes”), onJanuary 6, 2022 (the “2007 Note Redemption Date”).
The 2007 Notes will be redeemed in accordance with Condition 6(2)(b)(i) (Redemption for Regulatory Reasons or Taxation Reasons) of the Terms and Conditions of the 2007 Notes (the “2007 Note Terms and Conditions”) at a price equal to 100% of the principal amount plus the amount of any interest accrued up to, and excluding, the 2007 Note Redemption Date (the “2007 Note Redemption Amount”). In accordance with Articles 484 and 486 of Regulation (EU) no.575/2013 (as amended, the “CRR”), the 2007 Notes will lose, as from
On the 2007 Note Redemption Date, the 2007 Note Redemption Amount will become due and payable and, in accordance with Condition 4(1) of the 2007 Note Terms and Conditions, each 2007 Note will cease to bear interest on that date.
Holders of the 2007 Notes will be formally notified of the implementation of the 2007 Note Redemption in accordance with the 2007 Note Terms and Conditions.
As of
In accordance with the applicable regulation, the Issuer has requested and obtained the prior permission of the European Central bank to redeem the 2005 Notes and the 2007 Notes early.
For more information about Crédit
WARNING
This press release does not constitute an offer to purchase, or the solicitation of an offer to sell, the Notes in
No communication or information relating to the redemption of the Notes may be distributed to the public in any jurisdiction in which registration or approval is required. No action has been or will be taken in any jurisdiction where such action would be required. The redemption of the Notes may be subject to specific legal and regulatory restrictions in certain jurisdictions; Crédit
This press release is a communication for advertising purposes; and neither this press release nor any notice or other document made public and/or delivered, or which may be made public and/or delivered to holders of the Notes in connection with the redemption of the Notes is or is intended to be a prospectus for the purposes of Regulation (EU) 2017/1129 of the
This press release does not and shall not under any circumstances constitute an offer of the Notes to the public by Crédit
*The ISIN number is included solely for the convenience of the holders of the Notes. No warranty is given as to the accuracy or correctness of the ISIN number as printed on the Notes or as contained herein and a holder may rely only on the identification numbers, if any, printed on its own Note.
PRESS CONTACTS FOR CRÉDIT AGRICOLE S.A.
Olivier Tassain+ 33 1 43 23 25 41 olivier.tassain@credit-agricole-sa.fr
Pauline Vasselle+ 33 1 43 23 07 31 pauline.vasselle@credit-agricole-sa.fr
Find our press release on: www.credit-agricole.com - www.creditagricole.info
Crédit Agricole | Crédit | créditagricole_sa |
Attachment
- CASA Press Release VA (Final))
© OMX, source