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Investing.com -- Credit Agricole SA (EPA:ACAP) has announced the results of its tender offers for USD and GBP notes, which both expired on Monday.
For the USD 8.125% Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes, the bank accepted $796,068,000 in principal amount at an offer price of $1,011.25 per note.
Following the completion of this offer, $453,932,000 in principal amount will remain outstanding.
In a separate tender offer for GBP Perpetual Notes, Credit Agricole accepted £310,115,000 in principal amount at an offer price of £1,023.50 per note. After this transaction, £86,569,000 in principal amount will remain outstanding.
Payment for both the accepted USD and GBP notes is expected to take place on Wednesday, September 11, 2025.
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