Obligation Crédit Agricole 0.837% ( FR001400IUQ6 ) en JPY

Crédit Agricole

100 % ▲

France

FR001400IUQ6 ( en JPY )

0.837% par an ( paiement annuel )

26/06/2028

Prospectus brochure de l'obligation Crédit Agricole FR001400IUQ6 en JPY 0.837%, échéance 26/06/2028

26/06/2024 ( Dans 43 jours )

L'Obligation émise par Crédit Agricole ( France ) , en JPY, avec le code ISIN FR001400IUQ6, paye un coupon de 0.837% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 26/06/2028

DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

MiFID II product governance / Professional investors and ECPs only target market Solely for the
purposes of each manufacturers' product approval process, the target market assessment in respect of the
Notes, taking into account the five categories referred to in item 18 of the Guidelines published by ESMA on
5 February 2018 has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and
professional clients only, each as defined in Directive 2014/65/EU (as amended, "MiFID II"); and (ii) all
channels for distribution of the Notes to eligible counterparties and professional clients are appropriate. Any
person subsequently offering, selling or recommending the Notes (a "distributor") should take into
consideration the manufacturers' target market assessment; however, a distributor subject to MiFID II is
responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or
refining the manufacturers' target market assessment) and determining appropriate distribution channels.

UK MiFIR product governance / Professional investors and ECPs only target market Solely for the
purposes of the manufacturer's product approval process, the target market assessment in respect of the Notes,
taking into account the five categories referred to in item 18 of the Guidelines published by ESMA on 5
February 2018 (in accordance with the FCA's policy statement entitled "Brexit our approach to EU non-
legislative materials"), has led to the conclusion that: (i) the target market for the Notes is only eligible
counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook ("COBS"), and professional
clients, as defined in Regulation (EU) No 600/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ("UK MiFIR"); and (ii) all channels for distribution of the Notes to
eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take into consideration the manufacturer's target market
assessment; however, a distributor subject to the FCA Handbook Product Intervention and Product Governance
Sourcebook (the "UK MiFIR Product Governance Rules") is responsible for undertaking its own target
market assessment in respect of the Notes (by either adopting or refining the manufacturer's target market
assessment) and determining appropriate distribution channels.

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DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

Final Terms dated 22 June 2023

Crédit Agricole S.A.
Legal Entity Identifier (LEI): 969500TJ5KRTCJQWXH05

Euro Medium Term Note Programme
Series No: 673
Tranche No: 1
Issue of JPY 5,000,000,000 Senior Preferred Fixed Rate Notes due 26 June 2028 (the "Notes")
Issued by: Crédit Agricole S.A. (the "Issuer")

Sole Bookrunner and Lead Manager
Crédit Agricole CIB

Any person making or intending to make an offer of the Notes may only do so in circumstances in
which no obligation arises for the Issuer or the Dealer to publish a prospectus pursuant to Article 3 of
the Prospectus Regulation or supplement a prospectus pursuant to Article 23 of the Prospectus
Regulation, in each case, in relation to such offer.
Neither the Issuer nor the Dealer has authorised, nor do they authorise, the making of any offer of Notes
in any other circumstances.
The expression "Prospectus Regulation" means Regulation (EU) No 2017/1129, as amended.

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DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

Part A -- Contractual Terms
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in
"Terms and Conditions of the Notes" in the base prospectus dated 6 April 2023 which has received
approval no. 23-102 from the Autorité des marchés financiers (the "AMF") on 6 April 2023 and the
first supplement to it dated 22 May 2023 which has received approval no. 23-172 from the AMF on 22
May 2023 and which together constitute a base prospectus for the purposes of the Prospectus Regulation
(the "Base Prospectus"). This document constitutes the Final Terms of the Notes described herein for
the purposes of Article 8 of the Prospectus Regulation and must be read in conjunction with the Base
Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of
the combination of these Final Terms and the Base Prospectus. The Base Prospectus is available for
viewing on the website of the Issuer (https://www.credit-agricole.com/finance/finance/dette-et-
notations/emissions-marche/credit-agricole-s.a.-emissions-marche), on the website of the AMF
(www.amf-france.org) and copies may be obtained from Crédit Agricole S.A., 12, Place des États-Unis,
92127 Montrouge Cedex, France.

1.

Issuer:
Crédit Agricole S.A.
2.
(i)
Series Number:
673

(ii)
Tranche Number:
1

(iii)
Date on which the Notes

become fungible:
Not Applicable
3.
Specified Currency or Currencies:
Japanese Yen ("JPY")
4.
Aggregate Nominal Amount:

(i)
Series:
JPY 5,000,000,000

(ii)
Tranche:
JPY 5,000,000,000
5.
Issue Price:
100.00 per cent. of the Aggregate Nominal
Amount
6.
Specified Denomination:
JPY 100,000,000
7.
(i)
Issue Date:
26 June 2023

(ii)
Interest Commencement

Date:
Issue Date
8.
Maturity Date:
26 June 2028
9.
Interest Basis:
0.837 per cent. Fixed Rate
(further particulars specified in paragraph 15
below)
10.
Redemption Basis:
Subject to any purchase and cancellation or
early redemption, the Notes will be redeemed
on the Maturity Date at 100.00 per cent. of their
nominal amount
11.

Change of Interest Basis:
Not Applicable

12.

Noteholder Put/Issuer Call:
Not Applicable

13.

Status:
Senior Preferred Notes

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DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

14.
Dates of the corporate authorisations
Resolution of the Board of Directors of the
for issuance of the Notes:
Issuer dated 8 February 2023 and the Final
Terms dated 22 June 2023 which constitute the
décision d'émission
Provisions Relating to Interest (if any) Payable

15.

Fixed Rate Note:
Applicable

(i)
Rate of Interest:
0.837 per cent. per annum payable semi-
annually in arrears on each Interest Payment
Date

(ii)
Interest Payment Dates:
26 June and 26 December in each year, from
(and including) 26 December 2023, up to (and
including) the Maturity Date, adjusted in
accordance with the Business Centre specified
in paragraph (iii) below

(iii) Business Centre:
Tokyo
(iv)
Fixed Coupon Amount:
JPY 418,500 per Note of JPY 100,000,000
Specified Denomination payable on each
Interest Payment Date from, and including, 26
December 2023 to, and including, the
Maturity Date

(v)
Broken Amount:
Not Applicable

(vi)
Day Count Fraction:
30/360, not adjusted

(vii)
Determination Dates:
Not Applicable

(viii)
Resettable Notes:
Not Applicable
16.

Floating Rate Note:
Not Applicable
17.

Zero Coupon Note:
Not Applicable
18.

CMS Linked Note:
Not Applicable
19.

Inflation Linked Notes:
Not Applicable

Provisions Relating to Redemption

20.

Redemption at the Option of the Issuer

(Issuer Call):
Not Applicable
21.

Clean-up Redemption Option:
Applicable

(i) Clean-up Percentage:
75 per cent.

(ii) Notice Period:
As per Conditions

(iii) Optional Redemption Amount(s) of
each Note and method, if any, of
calculation of such amount(s):
JPY 100,000,000 per Note of JPY 100,000,000
Specified Denomination

(iv) Optional Clean-up Redemption
Date(s) (solely if the Clean-up
Percentage is reached):
At any time
22.
Redemption
at
the
Option
of
Noteholders (Noteholder Put):
Not Applicable
23.

MREL/TLAC Disqualification Event

Call Option:
Not Applicable
24.

Final Redemption Amount of each
Subject to any purchase and cancellation or
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DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

Note:
early redemption, the Notes will be redeemed
on the Maturity Date at 100.00 per cent. of their
outstanding principal amount
25.
Early Redemption Amount of each
JPY 100,000,000 per Note of JPY 100,000,000
Note:
Specified Denomination
26.
Make-Whole Redemption Amount:
Not Applicable
27.
Events of Default:
Not Applicable
General Provisions Applicable to the Notes

28.
(i)
Form of Notes (Bearer

Notes):
Dematerialised Notes

(ii)
Form of Dematerialised

Notes:
Bearer dematerialised form (au porteur)

(iii)
Registration Agent:
Not Applicable

(iv)
Calculation Agent(s) (if not

the Fiscal Agent)
Not Applicable

(v)
Temporary Global

Certificate:
Not Applicable
29.

Exclusion of the possibility to request

identification of a Noteholder as

Provided by Condition 1(a):
Not Applicable
30.

Financial Center:
Tokyo
31.

Talons for future Coupons or Receipts

to be attached to Definitive

Materialised Bearer Notes (and dates

on which such Talons mature):
Not Applicable
32.

Details relating to Instalment Notes:
Not Applicable
33.

Applicable tax regime:
Condition 9(a) applies
34.

Representation of holders of Notes

Masse:
Contractual Masse shall apply

Primary Appointed Representative: as per the
Conditions F&S Financial Services, 13, rue
Oudinot, 75007 Paris, France

Alternate Appointed Representative: as per the
Conditions Aether Financial Services, 36, rue
de Monceau, 75008 Paris, France

The Primary Appointed Representative or, as
the case may be, the Alternate Appointed
Representative, will receive a remuneration of
EUR 300 per year (excluding taxes), payable as
per the Conditions
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DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

Responsibility
I hereby accept responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer on 22 June 2023

Duly represented by: Aurélien Harff

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DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

PART B OTHER INFORMATION

1. LISTING AND ADMISSION TO TRADING
(i) Listing:
Not Applicable

(ii) Estimate of total expenses related to
Not Applicable

admission to trading:

2. RATINGS

The Notes to be issued have been rated:

Standard & Poor's: A+
Moody's: Aa3
Fitch: AA-
Standard & Poor's, Moody's and Fitch are established in
the European Union and are registered under Regulation
(EC) No 1060/2009 (the "CRA Regulation"). As such,
Standard & Poor's, Moody's and Fitch are included in the
list of credit rating agencies published by the European
Securities and Market Authority on its website in
accordance
with
the
CRA
Regulation
(www.esma.europa.eu/supervision/credit-rating-
agencies/risk).

As
defined
by
Standard
&
Poor's
(www.standardandpoors.com), a "A" rating means that the
Issuer's capacity to meet its financial commitments on the
obligation is strong but somewhat susceptible to economic
conditions and changes in circumstances. The addition of a
plus (+) sign shows relative standing within that rating
categories.

As defined by Moody's (www.moodys.com.com),
obligations rated "Aa3" are judged to be of high quality and
are subject to very low credit risk. The modifier 3 indicates
a ranking in the lower end of that generic rating category.
As defined by Fitch (www.fitchratings.com)), an "AA"
rating denotes expectations of very low default risk. It
indicates very strong capacity for payment of financial
commitments. This capacity is not significantly vulnerable
to foreseeable events. The modifier (-) is appended to
denote relative status within this category.
3. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in "Subscription and Sale" in the Base Prospectus, so far as the Issuer is aware, no
person involved in the issue of the Notes has an interest material to the issue.
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DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

4. REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDS
(i)
Reasons for the offer:
The net proceeds will be used for the Issuer's general

funding requirements.
(ii)
Estimated net proceeds:
JPY 4,997,500,000

5. YIELD
Indication of yield:
0.837 per cent. per annum

As set out above, the yield is calculated at the Issue Date
on the basis of the Issue Price. It is not an indication of
future yield.
6. OPERATIONAL INFORMATION
(i)
ISIN:
FR001400IUQ6

(ii)
Common Code:
264178339

(iii)
Any clearing system(s) other

than Euroclear Bank SA/NV and
Clearstream Banking Société

Anonyme and the relevant

identification number(s):
Euroclear France
(iv)
Delivery:
Delivery against payment

(v)
Names and addresses of Paying

Agent(s) (including any

additional Paying Agent(s)):
Uptevia
89-91, rue Gabriel Péri
92120 Montrouge
France
7. DISTRIBUTION
1. Method of distribution:
Non-syndicated

2. If syndicated,

(i)
Names of Managers

(specifying Lead Manager):
Not Applicable

(ii)
Date of Subscription

Agreement (if any):
Not Applicable
(iii)
Stabilisation Manager(s) (if

any):
Not Applicable
3. If non-syndicated, name of Dealer:
Crédit Agricole Corporate and Investment Bank

4. Intermediary(ies) in secondary

trading
Not Applicable
5. U.S. Selling Restrictions
Reg. S Compliance Category 2; TEFRA Not Applicable

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DocuSign Envelope ID: AF54F862-285E-494C-BEB9-3E2AD0B18DAC

6. Prohibition of Sales to EEA Retail

Investors under the PRIIPs

Regulation:
Not Applicable
7. Prohibition of Sales to UK Retail

Investors under the UK PRIIPs

Regulation:
Not Applicable
8. Additional Selling Restrictions:
Not Applicable

9. Specific Consent:
Not Applicable

10. General Consent:
Not Applicable

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Document Outline

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