BRIEF

on CREDIT COOPERATIF

Caisse des Dépôts Updates EMTN Programme Following S&P Rating Downgrade

Caisse des Dépôts et Consignations (“Caisse des Dépôts”) has published its first supplement to the €25 billion Euro Medium Term Notes Programme base prospectus. The supplement, dated 6 June 2024, and approved by the Autorité des marchés financiers (AMF), modifies the original base prospectus dated 8 April 2024.

Notably, the supplement addresses a rating downgrade by S&P Global Ratings Europe from AA to AA-. Ratings by Fitch and Moody's remain unchanged at AA- and Aa2, respectively. The changes reflect adjustments necessary to maintain investor clarity and compliance under the updated ratings atmosphere.

The updated prospectus and supplementary documents are accessible on Caisse des Dépôts' and AMF's websites. The amendment underscores the issuer’s commitment to transparent and timely updates concerning the programme’s conditions.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all CREDIT COOPERATIF news