USD Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes
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CREDIT AGRICOLE SA : Achèvement du programme de rachat d’actions Crédit Agricole S.A.
Globenewswire· 2025-10-31 07:00
Core Points - Credit Agricole S.A. has announced the redemption of its outstanding USD Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes, which were issued on January 19, 2016 [1] Summary by Category Company Actions - The company is redeeming its USD Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes, indicating a strategic move to manage its capital structure [1] Financial Instruments - The notes being redeemed were issued in 2016, reflecting the company's ongoing adjustments to its financial instruments and obligations [1]
CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF its outstanding USD Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes issued on January 19, 2016 (ISIN: Rule 144A: US225313AJ46 and Regulation S: USF2R125CD54)
Globenewswire· 2025-10-30 07:00
Core Points - Crédit Agricole S.A. announced the redemption of its outstanding USD Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes, with a total nominal amount of USD 457,689,000 remaining after a previous tender offer [2][3] - The redemption will take effect on December 23, 2025, and the holders of the notes will receive the redemption amount along with any accrued interest [2][4] - The company previously repurchased USD 792,311,000 of the notes through a tender offer conducted on September 2, 2025 [3] Summary by Sections - **Redemption Announcement** - The redemption of the notes is pursuant to Condition 7.2 of the terms and conditions included in the prospectus dated January 13, 2016 [2] - The redemption amount will be due and payable on the redemption date, and interest will cease to accrue on that date [4] - **Tender Offer Details** - The tender offer allowed the repurchase of a significant portion of the notes, leaving a remaining balance of USD 457,689,000 [3] - **Communication and Legal Considerations** - The press release does not constitute an offer to buy or sell the notes in certain jurisdictions, and specific legal and regulatory restrictions may apply [5][6][8]
CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF its outstanding USD Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes issued on January 19, 2016 (ISIN: Rule 144A: US225313AJ46 and Regulation S: USF2R125CD54)
Globenewswire· 2025-10-30 07:00
Core Viewpoint - Crédit Agricole S.A. has announced the redemption of its outstanding USD Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes, with a total nominal amount of USD 457,689,000 remaining after a previous tender offer [2][3]. Group 1: Redemption Details - The redemption will take effect on December 23, 2025, and will include the outstanding nominal amount along with any accrued interest [2][4]. - The issuer previously repurchased USD 792,311,000 of the Notes through a tender offer conducted on September 2, 2025 [3]. Group 2: Terms and Conditions - On the redemption date, the redemption amount will be due and payable, and the Notes will cease to bear interest unless the redemption amount is improperly withheld [4]. - Holders of the Notes will receive formal notice of the redemption in accordance with the terms and conditions outlined in the original prospectus [4].