Société Générale issues EUR 30 million senior preferred notes due 2032
Société Générale priced EUR 30 million of senior preferred notes due Oct. 14, 2032, at 100% of face value. The notes carry fixed interest of 24% payable at maturity and include issuer call options from 2027 through 2031.
1. Note terms
The notes were issued in EUR 1,000 denominations under Société Générale’s Debt Instruments Issuance Programme and are unrated. Issuer call options allow early redemption from 2027 to 2031 at 104% to 120% of par; listing was sought on the Luxembourg Stock Exchange regulated market.
