Bond Crédit Agricole SA 0.526% ( FR0013509718 ) in EUR

Issuer Crédit Agricole SA
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0013509718 ( in EUR )
Interest rate 0.526% per year ( payment 1 time a year)
Maturity 24/04/2025 - Bond has expired



Prospectus brochure of the bond Crédit Agricole FR0013509718 in EUR 0.526%, expired


Minimal amount /
Total amount /
Detailed description Crédit Agricole is a French multinational cooperative banking group with a global presence, offering a wide range of financial services including retail banking, investment banking, and asset management.

The Bond issued by Crédit Agricole SA ( France ) , in EUR, with the ISIN code FR0013509718, pays a coupon of 0.526% per year.
The coupons are paid 1 time per year and the Bond maturity is 24/04/2025







MIFID I product governance / Professional investors and ECPs only target market ­ Solely for
the purposes of each 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 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.










Final Terms dated 22 April 2020


Crédit Agricole S.A.
Legal Entity Identifier (LEI) of the Issuer is 969500TJ5KRTCJQWXH05

Euro 80,000,000,000
Euro Medium Term Note Programme

Series No.: 581
Tranche No: 1
Issue of EUR 500,000,000 Senior Preferred Fixed Rate Notes due 24 April 2025
(the "Notes")
Issued by: Crédit Agricole S.A. (the "Issuer")

Lead Manager
Crédit Agricole CIB

Co-Lead Managers
BayernLB
DZ BANK AG


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 any 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 any 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) 2017/1129.
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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 French Law Notes" in the base prospectus dated
9 April 2020 which has received approval no. 20-136 from the Autorité des marchés financiers
(the "AMF") on 9 April 2020 and which constitutes 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/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 Etats-Unis, 92127 Montrouge Cedex,
France.

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1.

Issuer:
Crédit Agricole S.A.
2.
(i)
Series Number:
581

(ii)
Tranche Number:
1

(iii)
Date on which the Notes
become fungible:
Not Applicable
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount:


(i)
Series:
EUR 500,000,000

(ii)
Tranche:
EUR 500,000,000
5.
Issue Price:
100.00 per cent. of the Aggregate
Nominal Amount
6.
Specified Denomination :
EUR 100,000
7.
(i)
Issue Date:
24 April 2020

(ii)
Interest Commencement Date: Issue Date
8.
Maturity Date:
24 April 2025
9.
Interest Basis:
0.526 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.

Put/Call Options:
Not Applicable
13.

Status:
Senior Preferred Notes
14.
Dates of the corporate authorisations for
issuance of the Notes:
Resolution of the Board of Directors of
the Issuer dated 13 February 2020 and
the décision d'émission dated 22 April
2020
Provisions Relating to Interest (if any) Payable

15.

Fixed Rate Note:
Applicable

(i)
Rate of Interest:
0.526 per cent. per annum payable
annually in arrear on each Interest
Payment Date

(ii)
Interest Payment Dates:
24 April in each year from (and
including) 24 April 2021 up to (and
including) the Maturity Date
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(iii)
Fixed Coupon Amount:
EUR 526 per Specified Denomination
payable on each Interest Payment Date

(iv)
Broken Amount:
Not Applicable

(v)
Day Count Fraction:
Actual/Actual (ICMA), Unadjusted

(vi)
Determination Dates:
24 April in each year

(vii)
Resettable:
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
(Call Option):
Not Applicable
21.

Clean-up Redemption Option:
Not Applicable
22.

Redemption
at
the
Option
of
Noteholders (Put Option):
Not Applicable
23.
(i)
MREL/TLAC
Disqualification
Event Call Option:
Not Applicable

(ii)
Early Redemption Amount:
Final Redemption Amount
24.

Final Redemption Amount of each Note: 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
outstanding principal amount
25.

Early Redemption Amount of each Note: EUR 100,000 per Note of EUR 100,000
Specified Denomination
26.
Make-Whole Redemption Amount:
Not Applicable
27.
Events of Default (option only available
for Senior Preferred Notes):

(i)
Non-Payment:
Not Applicable

(ii)
Breach of other obligations:
Not Applicable

(iii)
Insolvency (or other similar
proceeding):
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
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(iv)
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:
TARGET
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

(i) Instalment Amount(s):
Not Applicable

(ii) Instalment Date(s):
Not Applicable

(iii) Minimum Instalment Amount:
Not Applicable

(iv) Maximum Instalment Amount:
Not Applicable
33.

Applicable tax regime:
Condition 8(a) applies
34.

Representation of holders of French
Law Notes ­ Masse:
Contractual Masse shall apply
Primary Appointed Representative: as
per the Conditions ­ F&S Financial
Services, 8, rue du Mont Thabor, 75001
Paris, France
Alternate Appointed Representative: as
per the Conditions ­ Aether Financial
Services, 36, rue de Monceau, 75008
Paris, France
Remuneration: as per the Conditions ­
the remuneration of the Primary
Appointed Representative or, as the
case may be, the Alternate Appointed
Representative, will be equal to
EUR 400 per year (excluding taxes),
payable as per the Conditions.

Responsibility
I hereby accept responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer on 22 April 2020

Duly represented by: Aurélien Harff


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PART B ­ OTHER INFORMATION

1. LISTING AND ADMISSION TO TRADING
(i) Listing:
Application has been made for the Notes to be admitted
to trading on Euronext Paris with effect from 24 April
2020.

(ii) Estimate of total expenses
EUR 4,300.00 (without tax)

related to 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 or in the UK 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).
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.
4. REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDS
(i) Reasons for the offer:
The net proceeds wil be used for the Issuer's
general funding requirements
(ii) Estimated net proceeds:
EUR 499,750,000

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

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The yield in respect of this issue of Fixed Rate Notes
is
calculated on the basis of the Issue Price using the
following formula:
P=
C (1-(1+r)-n) + A(1+r)-n

r

where:
P
is the Issue Price of the Notes;
C
is the Interest Amount;
A
is the outstanding principal amount of Notes
due on redemption;
n
is time to maturity in years; and
r
is the yield.

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:
FR0013509718

(ii)
Common Code:
216296079

(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
CACEIS Corporate Trust

Paying Agent(s) (including
14, rue Rouget de Lisle
any additional Paying
92682 Issy Les Moulineaux
Cedex 9 France
Agent(s)):
7. DISTRIBUTION
1. Method of distribution:
Syndicated




2. If syndicated,


(i)
Names of Managers
Lead Manager

(specifying Lead
Crédit Agricole Corporate and Investment Bank
Manager):
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Co-Lead Managers
Bayerische Landesbank
DZ BANK AG Deutsche Zentral-
Genossenschaftsbank, Frankfurt am Main
(ii)
Date of Subscription


Agreement (if any):
22 April 2020
(iii)
Stabilisation
Crédit Agricole Corporate and Investment Bank

Manager(s) (if any):
3. If non-syndicated, name of


Dealer:
Not Applicable
4. Intermediary(ies) in secondary Not Applicable

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

Applicable
6. Prohibition of Sales to EEA
Not Applicable

and UK Retail Investors under
the PRIIPs Regulation:
7. Additional Selling Restrictions: Not Applicable

8. Specific Consent:
Not Applicable

9. General Consent:
Not Applicable


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