Bond Crédit Agricole SA 0.5% ( FR0014005J14 ) in EUR

Crédit Agricole SA

100 % ⇌

France

FR0014005J14 ( in EUR )

0.5% per year ( payment 1 time a year)

21/09/2029

Prospectus brochure of the bond Crédit Agricole FR0014005J14 en EUR 0.5%, maturity 21/09/2029

100 000 EUR

1 000 000 000 EUR

21/09/2025 ( In 57 days )

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 FR0014005J14, pays a coupon of 0.5% per year.
The coupons are paid 1 time per year and the Bond maturity is 21/09/2029

MIFID II 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 (EU) 2014/65 (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.

Final Terms dated 17 September 2021
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: 605
Tranche No: 1
Issue of EUR 1,000,000,000 Senior Non-Preferred Fixed to Floating Rate Social Notes
due 21 September 2029 (the "Notes")
Issued by: Crédit Agricole S.A. (the "Issuer")
Lead Manager and Sole Bookrunner
CRÉDIT AGRICOLE CIB
Joint-Lead Managers
BANCO SABADELL
DEUTSCHE BANK
HELABA
RABOBANK
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL)
Co-Lead Manager
LA BANQUE POSTALE
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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) No 2017/1129, as amended.
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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
12 April 2021 which has received approval no. 21-101 from the Autorité des marchés
financiers (the "AMF") on 12 April 2021, the first supplement to it dated 27 May 2021 which
has received approval no. 21-185 from the AMF on 27 May 2021 and the second supplement
to it dated 23 August 2021 which has received approval no. 21-366 from the AMF on 23 August
2021 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/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:
605
(ii)
Tranche Number:
1
(iii)
Date on which the Notes
Not Applicable
become fungible:
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount:
(i)
Series:
EUR 1,000,000,000
(ii)
Tranche:
EUR 1,000,000,000
5.
Issue Price:
99.822 per cent. of the Aggregate Nominal
Amount
6.
Specified Denomination:
EUR 100,000
7.
(i)
Issue Date:
21 September 2021
(ii)
Interest Commencement
Issue Date
Date:
8.
Maturity Date:
The Specified Interest Payment Date
falling on or nearest to 21 September 2029
9.
Interest Basis:
Fixed/Floating Rate Notes
(further particulars specified in
paragraphs 15 and 16 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:
Applicable
From (and including) the Issue Date to (but
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excluding) 21 September 2028, the Notes
will bear interest at a fixed rate of interest
(further particulars specified in paragraph
15 below)
From (and including) 21 September 2028 to
(but excluding) the Maturity Date, the
Notes will bear interest at a floating rate of
interest unless previously redeemed on the
Optional Redemption Date
(further particulars specified in paragraph
16 below)
12.
Put/Call Options:
Issuer Call
(further particulars specified in paragraph
20 below)
13.
Status:
Senior Non-Preferred Notes
14.
Dates of the corporate
Resolution of the Board of Directors of the
authorisations for issuance of the
Issuer dated 10 February 2021 and the
Notes:
décision d'émission dated 17 September
2021
Provisions Relating to Interest (if any) Payable
15.
Fixed Rate Note:
Applicable from (and including) the Issue
Date to (but excluding) 21 September
2028
(i)
Rate of Interest:
0.50 per cent. per annum payable annually
in arrear from (and including) the Issue
Date to (but excluding) 21 September 2028
(ii)
Interest Payment Dates:
21 September in each year, from (and
including) 21 September 2022, up to (and
including) 21 September 2028
(iii)
Fixed Coupon Amount:
EUR 500 per Specified Denomination
payable on each Interest Payment Date
(iv)
Broken Amount:
Not Applicable
(v)
Day Count Fraction:
Actual/Actual-ICMA, not adjusted
(vi)
Determination Dates:
21 September in each year
(vii)
Resettable:
Not Applicable
16.
Floating Rate Note:
Applicable from (and including) 21
September 2028 to (but excluding) the
Maturity Date unless previously redeemed
on the Optional Redemption Date
(i)
Interest Period(s):
Each period from (and including) a
Specified Interest Payment Date to (but
excluding) the next subsequent Specified
Interest Payment Date save for the first
Interest Period which shall be the period
from (and including) 21 September 2028 to
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(but excluding) the First Interest Payment
Date
(ii)
Specified Interest
21 December 2028, 21 March 2029, 21
Payment Dates:
June 2029 and 21 September 2029, subject
to adjustment in accordance with the
Business Day Convention set out in (v)
below
(iii)
First Interest Payment
The Specified Interest Payment Date falling
Date:
on or nearest to 21 December 2028, subject
to adjustment in accordance with the
Business Day Convention set out in (v)
below
(iv)
Interest Period Date:
Not Applicable
(v)
Business Day Convention: Modified Following Business Day
Convention
(vi)
Business Center(s):
TARGET2
(vii)
Manner in which the
Screen Rate Determination
Rate(s) of Interest is/are to
be determined:
(viii)
Party responsible for
Not Applicable
calculating the Rate(s) of
Interest and Interest
Amount(s) (if not the
Calculation Agent):
(ix)
Screen Rate
Determination:
Applicable

Reference Rate:
3-month EURIBOR

Benchmark:
Not Applicable

Relevant Inter-
Euro-zone
Bank Market:

Relevant Screen
11:00 AM, Brussels time
Page Time:

Interest
The day falling two (2) TARGET2
Determination
Business Days prior to the first day in each
Date:
Interest Accrual Period

Relevant Screen
Reuters EURIBOR01
Page:

SOFR Rate Cut-
Not Applicable
Off Date:

SONIA Rate Cut-
Not Applicable
Off Date:

SARON Rate Cut-
Not Applicable
Off Date:

TONA Rate Cut-
Not Applicable
Off Date:
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Lookback Days:
Not Applicable

Observation Shift
Not Applicable
Days:

Relevant Number: Not Applicable

Interest Accrual
Not Applicable
Period End Dates:

Interest Payment
Not Applicable
Delay:

SOFR Index Start: Not Applicable

SOFR Index End:
Not Applicable

SAION Index
Not Applicable
Start:

SAION Index End: Not Applicable

SONIA Index
Not Applicable
Start:

SONIA Index End: Not Applicable
(x)
ISDA Determination:
Not Applicable
(xi)
FBF Determination:
Not Applicable
(xii)
Linear Interpolation:
Not Applicable
(xiii)
Margin(s):
+ 0.68 per cent. per annum
(xiv)
Minimum Rate of Interest: 0.00 per cent. Condition 5(i) shall apply
(xv)
Maximum Rate of
Not Applicable. Condition 5(i) shall apply
Interest:
(xvi)
Day Count Fraction:
Actual/360, adjusted
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
Applicable
Issuer (Call Option):
(i)
Optional Redemption
21 September 2028
Date(s):
(ii)
Optional Redemption
EUR 100,000 per Specified Denomination
Amount(s) of each Note
and method, if any, of
calculation of such
amount(s):
(iii)
If redeemable in part:
a) Minimum Redemption
Not Applicable
Amount:
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b) Maximum Redemption
Not Applicable
Amount:
(iv)
Notice Period:
As per Conditions
21.
Clean-up Redemption Option:
Not Applicable
22.
Redemption at the Option of
Not Applicable
Noteholders (Put Option):
23.
(i) MREL/TLAC
Applicable
Disqualification Event Call
Option:
(ii) Early Redemption Amount:
Final Redemption Amount
24.
Final Redemption Amount of each
Subject to any purchase and cancellation or
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
EUR 100,000 per Note of EUR 100,000
Note:
Specified Denomination
26.
Make-Whole Redemption Amount:
Not Applicable
General Provisions Applicable to the Notes
27.
(i)
Form of Notes (Bearer
Dematerialised Notes
Notes):
(ii)
Form of Dematerialised
Bearer dematerialised form (au porteur)
Notes:
(iii)
Registration Agent:
Not Applicable
(iv)
Temporary Global
Not Applicable
Certificate:
28.
Exclusion of the possibility to
Not Applicable
request identification of a
Noteholder as Provided by
Condition 1(a):
29.
Financial Center:
TARGET2
30.
Talons for future Coupons or
Not Applicable
Receipts to be attached to
Definitive Materialised Bearer
Notes (and dates on which such
Talons mature):
31.
Details relating to Instalment
Not Applicable
Notes:
32.
Applicable tax regime:
Condition 8(a) applies
33.
Representation of holders of French Contractual Masse shall apply
Law Notes Masse:
Primary Appointed Representative: as per
the Conditions F&S Financial Services, 8.
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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 17 September 2021
Duly represented by: Nadine Fedon
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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
21 September 2021
(ii) Estimate of total expenses related to
EUR 7,100 (without tax)
admission to trading:
2. RATINGS
The Notes to be issued have been rated:
Standard & Poor's: A-
Moody's: A3
Fitch: A+
Standard & Poor's, Moody's and Fitch are established
in the European Union or in the United Kingdom and
are registered under Regulation (EC) No 1060/2009
(the "CRA Regulation") or under the CRA
Regulation as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018
(the "EUWA"). 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, an "A" rating means
that the Issuer's capacity to meet its financial
commitment on the obligation is strong but somewhat
susceptible to adverse economic conditions. The
addition of a minus (-) sign shows relative standing
within that rating categories.
As defined by Moody's, obligations rated "A" by
Moody's are judged to be upper-medium grade and
are subject to low credit risk. The modifier 3 indicates
a ranking in the lower end of that generic rating
category.
As defined by Fitch, an "A" rating denotes
expectations of low default risk. The capacity for
payment of financial commitments is considered
strong. This capacity may, nevertheless, be more
vulnerable to adverse business or economic conditions
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