Crédit Agricole in $4.2 Billion of Yankee Bond Offerings

Cleary Gottlieb represented Crédit Agricole in three offerings of Notes in the United States under its $20 billion US Medium Term Note Program, for a total principal amount of $4.2 billion:

• An offering of $3 billion of three tranches of Senior Unsecured Notes ($1.25 billion 2.500% Notes due 2019, $500 million Floating Rate Notes due 2019 and $1.25 billion 2.875% Notes due 2024). The Notes were offered for sale in the United States under Rule 144A and Regulation S under the 1933 Securities Act. The transaction, which closed on April 15, 2014, was managed by BofA Merrill Lynch, Crédit Agricole CIB, Citigroup, Morgan Stanley and RBC.
• An offering of $300 million Floating Rate Notes due 2017. The Notes were offered for sale in the United States under Rule 144A under the 1933 Securities Act. The transaction, which closed on June 2, 2014, was managed by BofA Merrill Lynch.
• An offering of $900 million Floating Rate Notes due 2017. The Notes were offered for sale in the United States under Rule 144A under the 1933 Securities Act. The transaction, which closed on June 12, 2017, was managed by Goldman Sachs.

Crédit Agricole is the lead bank of the Crédit Agricole Group, which is the largest banking group in France, and one of the largest in the world.