Crédit Agricole Assurances announces the success of its Tender Offer, the Final Acceptance Amount and the results of its Offer

Core Viewpoint - Crédit Agricole Assurances successfully completed its Tender Offer for two series of subordinated fixed rate resettable notes, with a total valid tender amount of €861,400,000 [1][5]. Group 1: Tender Offer Details - The Tender Offer was launched on January 8, 2026, targeting subordinated fixed rate resettable notes issued in 2016 and 2018, with an outstanding principal amount of €1,000 million each [2]. - The Tender Offer expired on January 15, 2026, at 4:00 p.m. Central European Time, and no notes tendered after this time were accepted [3]. - The final acceptance amount for the Tender Offer was set at €749,900,000, with €221,900,000 for the 4.75% notes and €528,000,000 for the 2.625% notes [5]. Group 2: Financial Implications - The Tender Offer will allow Crédit Agricole Assurances to spread the maturity profile of its debt, aligning with its active capital management policy [2]. - Holders of the validly tendered notes will receive cash equal to the tender price multiplied by the aggregate principal amount of the notes accepted for purchase, plus accrued interest [6]. - The settlement of the Tender Offer is expected to occur on January 20, 2026, with payments processed through Euroclear, Clearstream, or Euroclear France [7]. Group 3: Cancellation of Notes - The existing notes that were validly tendered and accepted will be cancelled immediately following the settlement of the Tender Offer [8].