Credit Agricole completes tender offers for USD and GBP notes

Published 09/09/2025, 10:50
© Reuters.

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.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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