Obligation Crédit Agricole SA 1% ( FR0013421815 ) en EUR

Crédit Agricole SA

100 % ⇌

France

FR0013421815 ( en EUR )

1% par an ( paiement annuel )

03/07/2029

Prospectus brochure de l'obligation Crédit Agricole FR0013421815 en EUR 1%, échéance 03/07/2029

100 000 EUR

1 000 000 000 EUR

03/07/2026 ( Dans 241 jours )

Crédit Agricole est un groupe bancaire coopératif français, présent à l'international, structuré autour de caisses régionales et proposant une large gamme de services financiers.

L'Obligation émise par Crédit Agricole SA ( France ) , en EUR, avec le code ISIN FR0013421815, paye un coupon de 1% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 03/07/2029

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
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 24 May 2019

Crédit Agricole S.A.
acting through its London branch
Legal Entity Identifier of the Issuer is 969500TJ5KRTCJQWXH05
Euro 75,000,000,000
Euro Medium Term Note Programme

Series No: 556
Tranche No: 1
Issue of EUR 1,000,000,000 Senior Preferred Fixed Rate Notes due July 2029 (the "Notes")
Issued by: Crédit Agricole S.A. acting through its London branch (the "Issuer")

Lead Manager and Sole Bookrunner
CRÉDIT AGRICOLE CIB
Joint Lead Managers
COMMERZBANK
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL)
UNICREDIT BANK
Co-Lead Managers
BANCA AKROS S.P.A. GRUPPO BANCO BPM
BANCO DE SABADELL, S.A.
BANKHAUS LAMPE KG
BANKIA
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 Directive or supplement a prospectus pursuant to Article 16 of the Prospectus
Directive, 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 Directive" means Directive 2003/71/EC as amended (including by
Directive 2010/73/EU) and includes any relevant implementing measure in the relevant Member
State.

A38941804
2

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 10 April 2019
which has received visa no. 19-151 from the Autorité des marchés financiers (the "AMF") on
10 April 2019 and the supplement to it dated 23 May 2019 which has received visa no. 19-221 from
the AMF on 23 May 2019 and which together constitute a base prospectus for the purposes of the
Prospectus Directive (the "Base Prospectus"). This document constitutes the Final Terms of the
Notes described herein for the purposes of Article 5.4 of the Prospectus Directive 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/en/finance/finance), 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. acting through its
London branch
2.

(i)
Series Number:
556

(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 1,000,000,000

(ii)
Tranche:
EUR 1,000,000,000
5.

Issue Price:
99.627 per cent. of the Aggregate Nominal
Amount
6.

Specified Denomination:
EUR 100,000
7.

(i)
Issue Date:
28 May 2019

(ii)
Interest Commencement Date:
Issue Date
8.

Maturity Date:
3 July 2029
9.

Interest Basis:
1.000 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 per
cent. of their nominal amount
11.

Change of Interest Basis:
Not Applicable
12.

Put/Call Options:
Not Applicable
13.

Status:
Senior Preferred Notes

A38941804
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14.

Dates of the corporate authorisations for
issuance of the Notes:
Resolution of the Board of Directors of the
Issuer dated 13 February 2019 and the
décision d'émission dated 24 May 2019

Provisions Relating to Interest (if any) Payable
15.

Fixed Rate Note
Applicable

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

(ii)
Interest Payment Dates:
3 July in each year from and including 3 July
2020 up to, and including the Maturity Date

(iii)
Fixed Coupon Amount:
EUR 1,000 per Specified Denomination
payable on each Interest Payment Date,
except for the amount payable in respect of
the first long Interest Accrual Period
beginning on (and including) the Interest
Commencement Date and ending on (but
excluding) the Interest Payment Date falling
on 3 July 2020 which shall be the Broken
Amount.

(iv)
Broken Amount:
1,098.63 per Note of EUR 100,000 in
nominal amount, payable on the Interest
Payment Date failing on 3 July 2020

(v)
Day Count Fraction:
Actual/Actual-ICMA, not adjusted

(vi)
Determination Dates:
3 July 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
A38941804
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redeemed on the Maturity Date at 100 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

General Provisions Applicable to the Notes
27.
(i)
Form of Notes (Bearer Notes):
Dematerialised Notes

(ii)
Form of Dematerialised Notes:
Bearer dematerialised form (au porteur)

(iii)
Registration Agent:
Not Applicable

(iv)
Temporary Global Certificate:
Not Applicable
28.

Exclusion of the possibility to request
identification of a Noteholder as Provided
by Condition 1(a):
Not Applicable
29.

Financial Center:
TARGET
30.

Talons for future Coupons or Receipts to
be attached to Definitive Materialised
Bearer Notes (and dates on which such
Talons mature):
Not Applicable
31.

Details relating to Instalment Notes:

amount of each Instalment, date on

which each payment is to be made:
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
32.

Applicable tax regime:
Condition 8(a) and Condition 8(b) apply
33.

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
A38941804
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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 28 May 2019
(ii)
Estimate of total expenses

related to admission to trading:
EUR 7,575
2. RATINGS

The Notes to be issued have been rated:
Standard & Poor's: A+
Moody's: A1
Fitch: A+

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)
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. YIELD
Indication of yield:
1.039 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:

C
P=
(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.
A38941804
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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.
5. OPERATIONAL INFORMATION
(i)
ISIN:
FR0013421815
(ii) Common Code:
200263448
(iii) CFI:
Not Applicable
(iv) FSIN:
Not Applicable
(v) Any clearing system(s) other than
Euroclear Bank SA/NV and

Clearstream Banking Société

Anonyme and the relevant

identification number(s):
Euroclear France
(vi) Delivery:
Delivery against payment
(vii) Names and addresses of Paying
Agent(s) (including any additional
Paying Agent(s)):
CACEIS Corporate Trust
14 rue Rouget de Lisle
92862 Issy les Moulineaux
Cedex 9 France
6. DISTRIBUTION
1
Method of distribution:
Syndicated
2
If syndicated,

(i)
Names of Managers

(specifying Lead Manager):
Lead Manager and Sole Bookrunner
Crédit Agricole Corporate and Investment
Bank
Joint Lead Managers
Commerzbank Aktiengesellschaft
Skandinaviska Enskilda Banken AB (publ)
UniCredit Bank AG
Co-Lead Managers
Banca Akros SpA. Gruppo Banco BPM
Banco de Sabadell, S.A.
Bankhaus Lampe KG
Bankia, S.A.
DZ BANK AG Deutsche Zentral-
Genossenschaftsbank, Frankfurt am Main

(ii)
Date of Subscription

Agreement (if any):
24 May 2019
A38941804
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(iii)
Stabilisation Manager(s) (if
any):
Not Applicable
3
If non-syndicated, name of Dealer:
Not Applicable
4
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA not
applicable
5
Prohibition of Sales to EEA Retail
Investors:
Not Applicable
6
Additional Selling Restrictions:
Not Applicable

A38941804
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Document Outline

#3">PART A „ CONTRACTUAL TERMS
#7">PART B „ OTHER INFORMATION