Credit Agricole : LCL arranges the largest Green Euro PP*
February 22, 2018 at 04:32 am EST
Share
Foncière Inéa is a SIIC** specialising in new office real estate in the regions (€600 million in assets). The purpose of its first Green Euro PP operation, totalling €100 million, is to finance the acquisition of properties meeting the highest environmental standards and to continue its expansion plan. LCL, Foncière Inéa's principal bank, which acted as agent and coordinator for the initial €80 million syndicated loan, benefitted from Group synergies. In particular, Amundi, acting as lead investor, and four Regional Banks (Aquitaine, Centre-Est, Languedoc and Toulouse 31) subscribed to it, and CACEIS acted as financial agent for the bond issue.
* Euro Private Placement: medium- or long-term financing transactions, for listed or unlisted companies, with a small number of investors and based on ad-hoc documentation; it can be implemented as a bond issue or a loan.
** A listed real estate investment company
Crédit Agricole SA published this content on 22 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 February 2018 09:31:03 UTC.
Original documenthttps://www.credit-agricole.com/en/news-channels/the-channels/group-news/lcl-arranges-the-largest-green-euro-pp
Public permalinkhttp://www.publicnow.com/view/8CEC0E5F0CDCC78EF3325F01DFD4B8B4A6F7A2A8
Crédit Agricole S.A. is one of the leading European banking groups and is the leading financial backer of the French economy. Net Banking Product breaks down by activity as follows:
- retail banking (30.1%): activities in France (Crédit Lyonnais) and abroad. Furthermore, the group is present in France via its 39 regional networks of branches (making it the biggest French banking network);
- finance, investment and market banking (30.1%): standard and specialized bank financing activities (financing for acquisitions, projects, aeronautical and maritime assets, etc.), stock operations, consulting in mergers and acquisitions, investment capital, etc.;
- asset management, insurance and private banking (25.9%);
- specialized financial services (13.9%): consumer loan, leasing and factoring (No. 1 in France).
At the end of 2023, Crédit Agricole S.A. managed EUR 835 billion in current deposits and EUR 516.3 billion in current credits.
NBP is distributed geographically as follows: France (46%), Italy (20%), European Union (14.3%), Europe (7.2%), North America (6%), Japan (1.3%), Asia and Oceania (3 .5%), Africa and Middle East (1.3%), Central America and South America (0.4%).
CRÉDIT AGRICOLE S.A. 
