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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
ACAFP
Credit Agricole SA€1,000
1EMEA
Aug 17, 2026
currency
EUR
size (m)
1,000.000
maturity
Feb 24, 2033
type
Fixed to Floating
tenor
6.500
call
5.50
registration
Reg S Only
benchmark
Swaps
ranking
Senior Non-Preferred
moody's
A3
s&p
A-
fitch
A+
size description
-
re-open/tap
No
ipt
MS+110-115
ipt-pxd
-27.5
guidance
STL
spread
85
coupon
3.875%
spread set
-
price
99.74600
yield
3.931%
book size (m)
3,000
peak book (m)
3,000
x-covered
3
book attrition
0.00%
nic
0
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,000
peak book (m)
3,000
x-covered
3
book attrition
0.00%
nic
0
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3000; First Pay: 2027-02-24; Redemption: 2032-02-24; Registration: Reg S Only; Comments: DBR 1.7 08/32 + 97.9 bps, 93.218% (HR: 93.4%). Clean-Up Call: 75%. Tax Call: Yes. LEI: 969500TJ5KRTCJQWXH05;
Use of Proceeds
To finance and/or re-finance in whole or in part Eligible Social Assets of Credit Agricole Group and its subsidiaries
Relative Value

Social Senior Non-Preferred
6.5NC5.5 

6.5yr (Feb 2033) @ MS+110-115

Implied Spread for fresh 6.5yr @ MS+85

Priced at MS+85
NIC of 0


COMPS

Ticker

Ranking

Ratings (M/S/F)

Amount (€mn)

Coupon

Maturity

Call Date

Years to call

I+ Bid

ACAFP

SNP

A3/A-/A+

1250

3.25

25-Aug-32

25-Aug-31

5

76