CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF £400,000,000 Undated Deeply Subordinated Fixed to Floating Rate Notes issued on...
02 Décembre 2019 - 8:30AM
CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF £400,000,000 Undated
Deeply Subordinated Fixed to Floating Rate Notes issued on January
30, 2008 (ISIN: FR0010575654 / Common Code: 034273103)
CREDIT AGRICOLE S.A. ANNOUNCES
REDEMPTION OF
£400,000,000 Undated Deeply Subordinated
Fixed to Floating Rate Notes issued on January 30, 2008 (ISIN:
FR0010575654 / Common Code: 034273103)
On December 2, 2019, Crédit Agricole S.A. (the
“Issuer”) notified the holders of all of its
outstanding £400,000,000 Undated Deeply Subordinated Fixed to
Floating Rate Notes originally issued on January 30, 2008 (the
“Notes”) that the Issuer will redeem such Notes
pursuant to Condition 6.2(a) (“General Call Option”) of the Terms
and Conditions of the Notes included in the prospectus dated
January 28, 2008 (the “Redemption”) on January 30,
2020 (the “Redemption Date”) at the outstanding
principal amount thereof, together with any amounts outstanding
thereon, including accrued and unpaid interest up to, but
excluding, the Redemption Date (the “Redemption
Price”).
On the Redemption Date, the Redemption Price
shall become due and payable and, unless the Issuer defaults in
making the redemption payment, interest on the Notes shall cease to
accrue on and after the Redemption Date. Payment of the Redemption
Price shall be made in accordance with Condition 7 (“Payments and
Calculations”) of the Terms and Conditions applicable to the Notes
included in the prospectus dated January 28, 2008.
- CASA - Press Release redemption of FR0010575654