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Credit Agricole SA prices $1.75 billion notes


Friday, 17 Jan 2014 03:15am EST 

Credit Agricole SA:Says to have priced on Jan. 15 its offering of $1.75 billion Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes.Says the Notes have no fixed maturity date and will bear a fixed interest rate of 7.875 percent per annum for the first 10 years, after which the rate will be reset.Says the Notes will be subject to optional redemption by the issuer on Jan. 23, 2024 and each interest reset date thereafter with the prior approval of the regulator and subject to certain conditions.Says the Notes were sold to institutional investors in Europe, the United States and Asia. 

Company Quote

11.375
0.21 +1.88%
17 Apr 2014