Commentary & Deal Flow

La Poste (ticker: "FRPTT", country: FR) rated A (Stable) / A+ (Stable) by S&P/Fitch, has mandated Crédit Agricole, Commerzbank, HSBC (B&D), ING, La Banque Postale, and Mizuho as active joint bookrunners.

An expected EUR 500m exp, Reg S, Senior, Unsecured 5yr offering will follow, subject to market conditions.

• Issuer: La Poste
• Ticker: FRPTT
• Country: FR
• Ratings: A (Stable) / A+ (Stable) (S&P/Fitch)
• Format: Reg S Bearer Dematerialised Notes
• Size: EUR 500m exp
• Ranking: Senior, Unsecured
• Active Joint Bookrunners: Crédit Agricole, Commerzbank, HSBC (B&D), ING, La Banque Postale and Mizuho
• Listing: Euronext Paris
• Denominations: 100k+100k
• Governing Law: French law
• UoP: GCP
• Programme: Launched off the issuer's EMTN programme
• Target Market: Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients (all distribution channels) only. No PRIIPs key information document (KID) has been prepared as not available to retail in EEA or in the UK
• H1 2026 results presentation: https://www.lapostegroupe.com/assets/media/le-groupe-laposte/r7cfhNqw-Vb4DsO2_La_Poste_Groupe_H1_2026_results_slideshow_vfin.pdf
• Further details: https://www.lapostegroupe.com/en/finance/hub-finance