Obbligazione Crédit Agricole SA 0.375% ( FR0014003182 ) in EUR

Crédit Agricole SA

100 EUR ▲

Francia

FR0014003182 ( in EUR )

0.375% per anno ( pagato 1 volta l'anno)

20/04/2028

Prospetto opuscolo dell'obbligazione Crédit Agricole FR0014003182 en EUR 0.375%, scadenza 20/04/2028

100 000 EUR

1 000 000 000 EUR

20/04/2026 ( In 166 giorni )

Crédit Agricole è un gruppo bancario francese leader nel settore dell'agricoltura e del credito cooperativo.

The Obbligazione issued by Crédit Agricole SA ( France ) , in EUR, with the ISIN code FR0014003182, pays a coupon of 0.375% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 20/04/2028

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 manufacturers' 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 manufacturers'
target market assessment) and determining appropriate distribution channels.

Final Terms dated 16 April 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: 601
Tranche No: 1
Issue of EUR 1,000,000,000 Senior Non-Preferred Fixed Rate Notes due 20 April 2028
(the "Notes")
Issued by: Crédit Agricole S.A. (the "Issuer")
Lead Manager and Sole Bookrunner
Crédit Agricole CIB
Joint-Lead Managers
Bankinter
Bayern LB
Erste Group
Handelsbanken Capital Markets
Co-Lead Managers
Banca Akros SpA Gruppo Banco BPM
Bankhaus Lampe KG
DZ BANK AG
Desjardins Capital Markets

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 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.
1.
Issuer:
Crédit Agricole S.A.
2.
(i)
Series Number:
601
(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:
99.265 per cent. of the Aggregate Nominal
Amount
6.
Specified Denomination:
EUR 100,000
7.
(i)
Issue Date:
20 April 2021
(ii)
Interest Commencement
Issue Date
Date:
8.
Maturity Date:
20 April 2028
9.
Interest Basis:
0.375 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 Non-Preferred Notes
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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 16 April 2021
Provisions Relating to Interest (if any) Payable
15.
Fixed Rate Note:
Applicable
(i)
Rate of Interest:
0.375 per cent. per annum payable annually
in arrear on each Interest Payment Date
(ii)
Interest Payment Dates:
20 April in each year, from (and including)
20 April 2022, up to (and including) the
Maturity Date
(iii)
Fixed Coupon Amount:
EUR 375 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:
20 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
Not Applicable
Issuer (Call Option):
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)
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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:
(i)
Instalment Amount(s):
Not Applicable
(ii)
Instalment Date(s):
Not Applicable
(iii)
Minimum Instalment
Not Applicable
Amount:
(iv)
Maximum Instalment
Not Applicable
Amount:
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
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.
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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
20 April 2021
(ii) Estimate of total expenses related to
EUR 6,400 (without tax)
admission to trading:
2. RATINGS
The Notes to be issued have been rated:
Standard & Poor's: A-
Moody's: Baa1
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 "baa" are
judged to have medium-grade credit quality and thus
subject to moderate credit risk. The modifier 1
indicates that the obligations rank in the higher end of
that generic assessment category.
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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
than is the case for higher ratings. 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.
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:
EUR 989,650,000
5. YIELD
Indication of yield:
0.482 per cent. per annum
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
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(i)
ISIN:
FR0014003182
(ii)
Common Code:
233323926
(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
CACEIS Corporate Trust
Agent(s) (including any
14. rue Rouget de Lisle
additional Paying Agent(s)):
92682 Issy Les Moulineaux
Cedex 9 France
7. DISTRIBUTION
1. Method of distribution:
Syndicated
2. If syndicated,
(i)
Names of Managers
Lead Manager and Sole Bookrunner
(specifying Lead Manager):
Crédit Agricole Corporate and Investment Bank
Joint-Lead Managers
Bankinter, S.A.
Bayerische Landesbank
Erste Group Bank AG
Svenska Handelsbanken AB (publ)
Co-Lead Managers
Banca Akros SpA Gruppo Banco BPM
Bankhaus Lampe KG
DZ BANK AG Deutsche Zentral-
Genossenschaftsbank, Frankfurt am Main
Desjardins Securities Inc.
(ii)
Date of Subscription
16 April 2021
Agreement (if any):
(iii)
Stabilisation Manager(s) (if
Crédit Agricole Corporate and Investment Bank
any):
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