29 Oct 2025

Clifford Chance Advises Crédit Agricole S.A. on CAD 900 Million Tier 2 Subordinated Bond Issuance

"Clifford Chance advised Crédit Agricole S.A. on its issuance of CAD 900 million subordinated Tier 2 fixed-to-floating rate notes, maturing in 2035, aimed at qualified Canadian investors. The notes were registered with CDS Clearing and Depositary Services Inc. The Clifford Chance team provided guidance on French and English law, while Canadian legal aspects were handled by Blake, Cassels & Graydon LLP."

Clifford Chance advised Crédit Agricole S.A. on its issuance of subordinated Tier 2 fixed-to-floating rate notes, while Blake, Cassels & Graydon LLP provided counsel on Canadian law aspects for the same transaction. The transaction involved the issuance of CAD 900 million (4.186% 10NC5 Subordinated Fixed to Floating Rate Notes) due in 2035, aimed at qualified Canadian investors. The notes were deposited with the Canadian clearing system, CDS Clearing and Depositary Services Inc. The Clifford Chance team included Cédric Burford (Partner), Auriane Bijon (Counsel), Batoul Laanani (Senior Associate), and Sabrine Kadi (Lawyer). The specific lawyers from Blake, Cassels & Graydon LLP were not mentioned in the press release.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.