Société Générale issues EUR 30 million senior preferred notes due 2038
Société Générale issued EUR 30 million of senior preferred notes due Sept. 30, 2038, priced at 100% of nominal in EUR 1,000 denominations. The notes pay a 57.24% fixed interest amount in arrear at maturity, and Société Générale filed to list them on the Luxembourg Stock Exchange regulated market.
1. Note terms
Société Générale launched the notes under its Debt Instruments Issuance Programme. They include an issuer call option from Oct. 2, 2028, through Sept. 30, 2037, with redemption amounts stepping up by 4.77% per elapsed year.
