Obligation Crédit Agricole Secteur Public SCF 0.125% ( FR0014006WB3 ) en EUR

Crédit Agricole Secteur Public SCF

100 % ⇌

France

FR0014006WB3 ( en EUR )

0.125% par an ( paiement annuel )

08/12/2031

Prospectus brochure de l'obligation Crédit Agricole Public Sector SCF FR0014006WB3 en EUR 0.125%, échéance 08/12/2031

100 000 EUR

500 000 000 EUR

08/12/2026 ( Dans 277 jours )

Crédit Agricole Public Sector SCF est une filiale du groupe Crédit Agricole spécialisée dans le financement et la gestion des risques pour les acteurs du secteur public.

L'Obligation émise par Crédit Agricole Secteur Public SCF ( France ) , en EUR, avec le code ISIN FR0014006WB3, paye un coupon de 0.125% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 08/12/2031

PRIIPs/IMPORTANT - PROHIBITION OF SALES TO EEA RETAIL INVESTORS  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 retail investor in the European Economic Area (EEA). For these
purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point
(11) of Article 4(1) of Directive 2014/65/EU (as amended, MiFID II); or (ii) a customer within the
meaning of Directive 2016/97/EU (as amended or superseded, the Insurance Distribution Directive),
where that customer would not qualify as a professional client as defined in point (10) of Article 4(1)
of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129, as amended (the
Prospectus Regulation). Consequently no key information document required by Regulation (EU) No
1286/2014 (as amended, the PRIIPs Regulation) for offering or selling the Notes or otherwise making
them available to retail investors in the EEA has been prepared and therefore offering or selling the
Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the
PRIIPs Regulation.
PRIIPs/IMPORTANT - PROHIBITION OF SALES TO UK RETAIL INVESTORS 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 retail investor in the United Kingdom (UK). For these purposes, a retail
investor means a person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2
of Regulation (EU) No 2017/565 as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 (EUWA); (ii) a customer within the meaning of the provisions of the Financial
Services and Markets Act 2000, as amended (FSMA) and any rules or regulations made under the
FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional
client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of UK
domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of the
Regulation (EU) 2017/1129 as it forms part of UK domestic law by virtue of the EUWA. Consequently,
no key information document required by Regulation (EU) No 1286/2014 as it forms part of UK
domestic law by virtue of the EUWA (the UK PRIIPs Regulation) for offering or selling the Notes or
otherwise making them available to retail investors in the UK has been prepared and therefore offering
or selling the Notes or otherwise making them available to any retail investor in the UK may be unlawful
under the UK PRIIPs Regulation.

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 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.

1

Final Terms dated 6 December 2021

Crédit Agricole Public Sector
(Issuer)

Issue of 500,000,000 0.125 per cent. Obligations Foncières due 8 December 2031 extendible as
Floating Rate Obligations Foncières up to 8 December 2032
under the 10,000,000,000 Euro Medium Term Note Programme

Issue Price: 98.836 per cent.

COMMERZBANK
CREDIT AGRICOLE CIB
HELABA
IMI-INTESA SANPAOLO
LANDESBANK BADEN -WÜRTTEMBERG
NATIXIS
as Joint Lead Managers
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
the Base Prospectus dated 29 October 2021 which received approval n°21-465 from the Autorité des
marchés financiers which constitutes a base prospectus (the Base Prospectus) for the purposes of
Regulation (EU) 2017/1129, as amended (the Prospectus Regulation).
This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4
of the Prospectus Regulation and must be read in conjunction with such Base Prospectus in order to
obtain all the relevant information. The Base Prospectus is available for viewing on the website of the
Autorité des marchés financiers (www.amf-france.org) during a period of 12 months from the date of
approval of the Base Prospectus and during normal business hours at the registered office of the Issuer
where copies may be obtained.

1.
Issuer:
Crédit Agricole Public Sector SCF
2.
(i)
Series Number:
8
(ii)
Tranche Number:
1
(iii)
Date on which the Notes will be
assimilated (assimilables) and
form a single Series:
Not Applicable
3.
Specified Currency:
Euro (EUR)
4.
Aggregate Nominal Amount of Notes:

(i)
Series:
EUR 500,000,000
(ii)
Tranche:
EUR 500,000,000
5.
Issue Price:
98.836 per cent of the Aggregate Nominal
Amount
6.
Specified Denomination(s):
EUR 100,000
7.
(i)
Issue Date:
8 December 2021
(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
8 December 2031
The Notes, having a soft bullet maturity in
accordance with Condition 7(a), will be
redeemed at the Maturity Date unless their
maturity is extended to the Extended Maturity
Date as specified below.
9.
Extended Maturity Date:
8 December 2032
3

The Maturity Date will be extended
automatically to the Extended Maturity Date if
the Final Redemption Amount is not paid by the
Issuer on the Maturity Date. In such case the
payment of such Final Redemption Amount shall
be automatically deferred and shall become due
and payable on the Extended Maturity Date,
provided that (i) any amount representing the
Final Redemption Amount, as specified below,
remaining unpaid on the Maturity Date may be
paid by the Issuer on any Specified Interest
Payment Date thereafter and (ii) interest will
continue to accrue on any unpaid amount during
such extended period at the relevant newly
applicable Rate of Interest and be payable on
each relevant Specified Interest Payment Date.
10.
Interest Basis/Rate of Interest:
0.125 per cent. Fixed Rate for the period from
and including the Interest Commencement Date
to but excluding the Maturity Date (further
particulars specified in paragraph 15 below).
EURIBOR 1 month + 0.02 per cent. Floating
Rate for the period from and including the
Maturity Date to but excluding the Extended
Maturity Date (further particulars specified in
paragraph 16 below).
11.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date or on any Specified Interest
Payment Date occurring thereafter up to and
including the Extended Maturity Date as the case
may be at 100 per cent. of their nominal amount.
12.
Change of Interest or
Applicable Fixed/Floating Rate Notes
Redemption/Payment Basis:

If the Maturity Date is extended, the Interest
Basis will automatically change from Fixed Rate
to Floating Rate from and including the Maturity
Date to but excluding the Extended Maturity
Date.
13.
Put/Call Option:
Not Applicable
14.
(i)
Status of the Notes:
Obligations Foncières
(ii)
Date of corporate authorisations Decision of the board of directors (Conseil
for issuance of Notes obtained:
d'administration) dated 17 September 2021
4

Issue Decision of Nadine Fedon dated
25 November 2021
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.
Fixed Rate Notes:
Applicable
(i)
Rate(s) of Interest:
0.125 per cent per annum payable annually in
arrear on each Interest Payment Date
(ii)
Interest Payment Date(s):
8 December in each year, from and including 8
December 2022 up to and including the Maturity
Date adjusted in accordance with the Following
Business Day Convention. For the avoidance of
doubt, the Interest Periods are not adjusted.
(iii)
Fixed Coupon Amount(s):
EUR 125 per EUR 100,000 in Specified
Denomination
(iv)
Broken Amount(s):
Not Applicable
(v)
Day Count Fraction:
Actual/Actual-ICMA
(vi)
Interest Determination Dates:
8 December in each year
16.
Floating Rate Notes:
Applicable
(i)
Interest Period(s):
The period from and including the Maturity Date
to but excluding the Extended Maturity Date.
(ii)
Specified Interest Payment The eighth day of every month from (and
Dates:
including) 8 January 2032 up to (and including)
the Extended Maturity Date, all such dates being
subject to adjustment in accordance with the
Business Day Convention specified below.
(iii)
First Interest Payment Date:
8 January 2032
(iv)
Interest Period Date:
Specified Interest Payment Dates
(v)
Business Day Convention:
Modified Following Business Day Convention
(vi)
Business Centre(s):
TARGET 2
(vii)
Manner in which the Rate(s) of Screen Rate Determination
Interest is/are to be determined:
(viii) Party responsible for calculating Not Applicable
the Rate(s) of Interest and/or
Interest Amount(s) (if not the
Fiscal Agent):
5

(ix)
Screen Rate Determination Applicable
(Condition 6(c)(iii)(C):
-
Reference Rate:
EURIBOR 1 month
-
Interest Determination Two (2) TARGET2 Business Days prior to the
Date(s):
first day of the relevant Interest Period
-
Relevant Screen Page:
BGC Screen EURIBOR01 Page
-
Relevant Screen Page 11:00 a.m. (Brussels Time)
Time:
-
Relevant Inter-Bank Euro-zone
Market:
(x)
FBF Determination:
Not Applicable
(xi)
ISDA Determination:
Not Applicable
(xii)
Margin(s):
+0.02 per cent per annum
(xiii) Minimum Rate of Interest:
Condition 6.(g)(ii) applies
(xiv)
Maximum Rate of Interest:
Not Applicable
(xv)
Day Count Fraction:
Actual/360
17.
Zero Coupon Notes:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
18.
Call Option:
Not Applicable
19.
Put Option:
Not Applicable
20.
Final Redemption Amount of each Note: EUR 100,000 per Note of EUR 100,000
Specified Denomination
21.
Early Redemption Amount:

Early Redemption Amount(s) of each As set out in the Conditions
Note:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
22.
Form of Notes:
Dematerialised Notes
(i)
Form of Dematerialised Notes:
Bearer form (au porteur)
(ii)
Registration Agent:
Not Applicable
6

(iii)
Temporary Global Certificate:
Not Applicable
23.
Financial Centre(s) or other special TARGET 2
provisions relating to payment dates for
the purposes of Condition 8(g):
Adjusted Payment Date (Condition The next following business day unless it would
8(g)):
thereby fall into the next calendar month, in
which such date shall be brought forward to the
immediately preceding business day.
24.
Talons for future Coupons or Receipts to Not Applicable
be attached to Definitive Materialised
Notes (and dates on which such Talons
mature):
25.
Redenomination, renominalisation and Not Applicable
reconventioning:
26.
Consolidation:
Not Applicable
27.
Representation of Noteholders Contractual Masse shall apply
(Condition 11):

Name and address of the Representative:
F&S Financial Services
8 rue du Mont Thabor
75001 Paris
France
Represented by Mr Vincent Fabié

The Representative will receive a remuneration
of EUR 425 (VAT excluded) per year
GENERAL
The aggregate principal amount of Notes issued Not Applicable
has been translated into Euro at the rate of [ ]
per cent producing a sum of:
PURPOSE OF FINAL TERMS
These Final Terms comprise the final terms required for the issue and admission to trading on Euronext
Paris of the Notes described herein pursuant to the 10,000,000,000 Euro Medium Term Note
Programme of Crédit Agricole Public Sector SCF.

7

RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of Crédit Agricole Public Sector SCF:
By:

Duly authorised signatory
8

PART B OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING

(i)
Listing(s):
Euronext Paris
(ii)
(a)
Admission to trading:
Application has been made by the Issuer (or on
its behalf) for the Notes to be admitted to trading
on Euronext Paris with effect from 8 December
2021.
(b)
Regulated Markets or Not Applicable
equivalent markets on
which, to the knowledge
of the Issuer, securities
of the same class of the
Notes to be admitted to
trading are already
admitted to trading:
(iii)
Estimate of total expenses EUR 8,900
related to admission to trading:
(iv)
Additional publication of Base Not Applicable
Prospectus and Final Terms:
2.
RATINGS

Ratings:
The Notes to be issued are expected to be rated
at Issue Date:

S & P Global Ratings Europe Limited (S&P):
AAA

Moody's France S.A.S. (Moody's): Aaa

Each of S&P and Moody's is established in the
European Union and is registered under
Regulation (EC) N° 1060/2009 (as amended)
(the CRA Regulation). Each of S&P and
Moody's are included in the list of credit rating
agencies published by the European Securities
and Markets Authority on its website
(www.esma.europa.eu/supervision/credit-rating-
agencies/risk) in accordance with the CRA
Regulation.
3.
SPECIFIC CONTROLLER
The specific controller (contrôleur spécifique) of the Issuer has certified that the value of the
assets of the Issuer will be greater than the value of its liabilities benefiting from the privilège
provided under article L.513-11 of the French Code monétaire et financier, after settlement of
9

this issue and of the issues which have been the subject of previous attestations and that the
coverage ratio of the Issuer is compliant with the minimum over-collateral ratio specified in
Article R.513-8 of the French Code monétaire et financier.
4.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for the fees payable to the Joint Lead Managers and 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.
In addition, certain of the Joint Lead Managers and their affiliates have engaged, and may in
the future engage, in financing, investment banking and/or commercial banking transactions
and may perform services for the Issuer and its affiliates in the ordinary course of business.
Certain of the Joint Lead Managers and their affiliates may have positions, deal or make
markets in the Notes issued under the Programme, related derivatives and reference obligations,
including (but not limited to) entering into hedging strategies on behalf of the Issuer and its
affiliates, investor clients, or as principal in order to manage their exposure, their general market
risk, or other trading activities. In addition, in the ordinary course of their business activities,
the Joint Lead Managers and their affiliates may make or hold a broad array of investments and
actively trade debt and equity securities (or related derivative securities) and financial
instruments (including bank loans) for their own account and for the accounts of their
customers. Such investments and securities activities may involve securities and/or instruments
of the Issuer or the Issuer's affiliates. Certain of the Joint Lead Managers or their affiliates that
have a lending relationship with the Issuer routinely hedge their credit exposure to the Issuer
consistent with their customary risk management policies. Typically, such Joint Lead Managers
and their affiliates would hedge such exposure by entering into transactions which consist of
either the purchase of credit default swaps or the creation of short positions in securities,
including potentially the Notes issued under the Programme. Any such positions could
adversely affect future trading prices of Notes issued under the Programme.
5.
REASONS FOR THE ISSUANCE, ESTIMATED NET PROCEEDS AND TOTAL
EXPENSES
Reasons for the issuance:
See "Use of Proceeds" wording in the Base
Prospectus
Estimated net proceeds:
EUR 492,555,000
6.
FIXED RATE NOTES ONLY YIELD
Indication of yield:
0.243 per cent. per annum
7.
INFORMATION ON FLOATING RATE NOTES
Historic interest rates:
Details of historic performance of
EURIBOR rates can be obtained, free of
charge, from BGC.
Benchmarks:
Amounts payable under the Notes will be
calculated by reference to EURIBOR
which is provided by EMMI. As at the date
10