Obligation Crédit Agricole SA 0.267% ( FR0014005WO8 ) en EUR

Crédit Agricole SA

100 % ⇌

France

FR0014005WO8 ( en EUR )

0.267% par an ( paiement annuel )

11/10/2028 - Obligation échue

Prospectus brochure de l'obligation Crédit Agricole FR0014005WO8 en EUR 0.267%, échue

100 000 EUR

335 000 000 EUR

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 FR0014005WO8, paye un coupon de 0.267% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 11/10/2028

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 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.

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Final Terms dated 7 October 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: 608
Tranche No: 1
Issue of EUR 335,000,000 Senior Preferred Fixed Rate Notes due 11 October 2028 (the
"Notes")
Issued by: Crédit Agricole S.A. (the "Issuer")

Lead Manager and Sole Bookrunner
CRÉDIT AGRICOLE CIB

Co-Lead Managers
BAYERN LB
DZ BANK AG

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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:
608

(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 335,000,000

(ii)
Tranche:
EUR 335,000,000
5.
Issue Price:
100.00 per cent. of the Aggregate Nominal
Amount
6.
Specified Denomination:
EUR 100,000
7.
(i)
Issue Date:
11 October 2021

(ii)
Interest Commencement

Date:
Issue Date
8.
Maturity Date:
11 October 2028
9.
Interest Basis:
0.267 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
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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 10 February 2021 and the
décision d'émission dated 7 October 2021
Provisions Relating to Interest (if any) Payable

15.

Fixed Rate Note:
Applicable

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

(ii)
Interest Payment Dates:
11 October in each year, from (and
including) 11 October 2022, up to (and
including) the Maturity Date

(iii)
Fixed Coupon Amount:
EUR 267 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:
11 October 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
Not Applicable
Disqualification Event Call
Option:

(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
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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)
Temporary Global
Not Applicable
Certificate:
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

Notes:
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.
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Responsibility
I hereby accept responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer on 7 October 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
11 October 2021

(ii) Estimate of total expenses related to
EUR 6,200 (without tax)

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 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 plus (+) sign shows relative standing
within that rating categories.
As defined by Moody's, obligations rated "Aa3" are
judged to have a high-grade credit quality and thus
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 low default risk. It indicates very
strong capacity for payment of financial
commitments. This capacity is not significantly
vulnerable to foreseeable events. The modifier (-) is
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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 334,765,500

5. YIELD
Indication of yield:
0.267 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
(i)
ISIN:
FR0014005WO8

(ii)
Common Code:
239724639

(iii)
Any clearing system(s) other

than Euroclear Bank SA/NV and
Clearstream Banking Société

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Anonyme and the relevant
Euroclear France
identification number(s):
(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

Co-Lead Managers
Bayerische Landesbank
DZ BANK AG Deutsche Zentral-
Genossenschaftsbank, Frankfurt am Main
(ii)
Date of Subscription
7 October 2021

Agreement (if any):
(iii)
Stabilisation Manager(s) (if
Crédit Agricole Corporate and Investment Bank

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 Retail
Not Applicable

Investors under the PRIIPs
Regulation:
7. Prohibition of Sales to UK Retail
Not Applicable

Investors under the UK PRIIPs
Regulation:
8. Additional Selling Restrictions:
Not Applicable

9. Specific Consent:
Not Applicable

10. General Consent:
Not Applicable

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