Crédit Agricole: Issue of Senior Preferred Securities Confirmed

Crédit Agricole SA has announced the final amount of its Senior Preferred Notes offering. The bonds, with a fixed rate of 3.10% and paying quarterly interest, cover the period from March 2025 to March 2035. The offering totals €153,423,444, corresponding to 153,423,444 securities with a par value of €1 each. The Autorité des marchés financiers (AMF) approved the issue with a Visa No. 24-367 on August 14, 2024.

The initial amount was €50 million, with the possibility of extending it to €500 million. However, the issue ultimately raised €153 million. This transaction supports the group's financial ambitions while also establishing Crédit Agricole's solid reputation in the senior securities market.