Obbligazione Crédit Agricole SA 4.278% ( FR001400GDG7 ) in EUR

Crédit Agricole SA

100 EUR ⇌

Francia

FR001400GDG7 ( in EUR )

4.278% per anno ( pagato 1 volta l'anno)

07/03/2025 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione Crédit Agricole FR001400GDG7 in EUR 4.278%, scaduta

100 000 EUR

1 750 000 000 EUR

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 FR001400GDG7, pays a coupon of 4.278% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 07/03/2025

DocuSign Envelope ID: E354496C-88D4-496B-BBCB-758766B36435
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.

DocuSign Envelope ID: E354496C-88D4-496B-BBCB-758766B36435

Final Terms dated 3 March 2023

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

Euro 100,000,000,000
Euro Medium Term Note Programme
Series No: 661
Tranche No: 1
Issue of EUR 1,750,000,000 Senior Preferred Floating Rate Notes due March 2025
(the "Notes")
Issued by: Crédit Agricole S.A. (the "Issuer")

Lead Manager and Sole Bookrunner
Crédit Agricole CIB

Joint Lead Managers
BANCO SABADELL
Société Générale Corporate & Investment Banking

Co-Lead Managers
ALPHA BANK
Banca Akros S.p.A. Gruppo BANCO BPM
Millennium BCP
Hauck Aufhäuser Lampe
KBC Bank
Scotiabank

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 Notes are not intended to be offered, sold or otherwise made available to, and should not
be offered, sold or otherwise made available to, any consumer (consument/consommateur)
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within the meaning of the Belgian Code of Economic Law (Wetboek van economisch
recht/Code de droit économique), as amended, in Belgium.
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 8 April
2022 which has received approval no. 22-090 from the Autorité des marchés financiers (the
"AMF") on 8 April 2022, the first supplement to it dated 17 May 2022 which has received
approval no. 22-158 from the AMF on 17 May 2022, the second supplement to it dated
27 June 2022 which has received approval no. 22-246 from the AMF on 27 June 2022, the third
supplement to it dated 17 August 2022 which has received approval no. 22-353 from the AMF
on 17 August 2022, the fourth supplement to it dated 18 November 2022 which has received
approval no. 22-455 from the AMF on 18 November 2022, the fifth supplement to it dated 2
January 2023 which has received approval no. 23-004 from the AMF on 2 January 2023 and
the sixth supplement to it dated 15 February 2023 which has received approval no. 23-036 from
the AMF on 15 February 2023, 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:
661

(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 1,750,000,000

(ii)
Tranche:
EUR 1,750,000,000
5.
Issue Price:
100.00 per cent. of the Aggregate Nominal
Amount
6.
Specified Denomination:
EUR 100,000
7.
(i)
Issue Date:
7 March 2023

(ii)
Interest Commencement

Date:
Issue Date
8.
Maturity Date:
The specified Interest Payment Date
falling in or nearest to March 2025
9.
Interest Basis:
3-month EURIBOR + 0.320 per cent. per
annum Floating Rate
(further particulars specified in paragraph
16 below)
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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
14.
Dates of the corporate

authorisations for issuance of the

Notes:
Resolution of the Board of Directors of the
Issuer dated 8 February 2023 and the
décision d'émission dated 3 March 2023
Provisions Relating to Interest (if any) Payable

15.

Fixed Rate Note:
Not Applicable
16.

Floating Rate Note:
Applicable

(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) the Interest
Commencement Date to (but excluding) the
First Interest Payment Date

(ii)
Specified Interest

Payment Dates:
7 March, 7 June, 7 September and 7
December in each year from (and
including) the First Interest Payment Date
to (and including) the Maturity Date,
subject to adjustment in accordance with
the Business Day Convention specified in
(v) below

(iii)
First Interest Payment

Date:
7 June 2023

(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

Rate(s) of Interest is/are to
be determined:
Screen Rate Determination

(viii)
Party responsible for

calculating the Rate(s) of

Interest and Interest

Amount(s) (if not the

Calculation Agent):
Not Applicable
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(ix)
Screen Rate

Determination:

Reference Rate:
3-month EURIBOR

Benchmark:
Not Applicable

Relevant Inter-

Bank Market:
Euro-Zone

Relevant Screen

Page Time:
11:00 a.m. (Brussels time)

Interest

Determination

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

Relevant Screen

Page:
Reuters EURIBOR01

Lookback Days:
Not Applicable

Observation Shift

Days:
Not Applicable

Relevant Number: Not Applicable

Interest Accrual

Period End Dates:
Not Applicable

(x)
ISDA Determination:
Not Applicable

(xi)
FBF Determination:
Not Applicable

(xii)
Linear Interpolation:
Not Applicable

(xiii)
Margin(s):
0.320 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
Not Applicable
Issuer (Issuer Call):
21.

Clean-up Redemption Option:
Applicable

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

(ii) Notice Period:
As per Conditions

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

(iv) Optional
Clean-up
Redemption Date(s) (solely if
the Clean-Up Percentage is
reached):
Any Interest Payment Date
22.

Redemption at the Option of

Noteholders (Noteholder Put):
Not Applicable
23.
(i) MREL/TLAC

Disqualification Event Call
Not Applicable
Option:

(ii) Early Redemption Amount:
Not Applicable
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:
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:
TARGET2
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

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Notes:
Not Applicable
33.

Applicable tax regime:
Condition 9(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,
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.
Responsibility
I hereby accept responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer on 3 March 2023

Duly represented by: Laurent Côte

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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
7 March 2023

(ii) Estimate of total expenses related
EUR 3,200 (without tax)

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 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, an "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, 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, an "AA" rating denotes
expectations of very low default risk. It indicates
very strong capacity for payment of financial
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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 for the fees payable to the Managers, so far as the Issuer is aware, no person involved in
the issue of the Notes has an interest material to the issue. The Managers and their affiliates
have engaged, and may in the future engage, in investment banking and/or commercial banking
transactions with, and may perform other services for, the Issuer and its affiliates in the
ordinary course of business.
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 1,747,900,000

5. PERFORMANCE OF RATES
Historic interest rate:
Details of performance of EURIBOR rates can be

obtained from Reuters
Benchmarks:
Amounts payable under the Notes will be calculated
by reference to EURIBOR which is provided by
European Money Markets Institute (EMMI). As at the
date of these Final Terms, EMMI appears on the
register of administrators and benchmarks established
and maintained by the European Securities and
Markets Authority pursuant to Article 36 of the
Benchmark Regulation (Regulation (EU) 2016/1011)
(the "Benchmark Regulation").
6. OPERATIONAL INFORMATION
(i)
ISIN:
FR001400GDG7

(ii)
Common Code:
259565847

(iii)
Any clearing system(s) other

than Euroclear Bank SA/NV

and Clearstream Banking

Société Anonyme and the
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