Societe Generale: The General Meeting of the holders of the notes (isin fr0000585564) approved the modification of the terms ...
29 April 2021 - 6:16PM
Societe Generale: The General Meeting of the holders of the notes
(isin fr0000585564) approved the modification of the terms and
conditions of the notes
THE GENERAL MEETING OF
THE HOLDERS OF
THE NOTES (ISIN
FR0000585564) APPROVED
THE MODIFICATION OF THE TERMS AND
CONDITIONS OF THE
NOTESRegulated information
Paris, 29 April 2021
Société Générale announces today that the
general meeting of the holders of the €348,000,000 (FF.
2,280,000,000) Undated Deeply Subordinated Floating Rate Notes (of
which €61,906,801 is currently outstanding) (ISIN FR0000585564),
issued in June 1985 by Société Générale (the
"Notes"), which was held on Thursday, 29 April
2021 (the "General Meeting"), has approved all the
resolutions submitted to it.
The General Meeting has in particular approved
the modification of the terms and conditions of the Notes to insert
an option for Société Générale to early redeem the Notes at any
time at par plus accrued interest. The intention of Société
Générale is to redeem the Notes at any time from 1st July 2021.
The amended terms and conditions of the Notes
(in French language) are available on the website of Société
Générale (https://prospectus.socgen.com/).
As all of the resolutions have been adopted,
Société Générale will pay to each holder of Notes (whose Notes were
registered in a security account on 29 April 2021, 00:00 Paris
time) an amount denominated in Euros (the
« Resolution Fee ») of
0.05 % of the aggregate nominal amount of the Notes held by such
holder of Notes. Payment of the Resolution Fee is expected to take
place on or around 1st July 2021.
Press contacts:
Jean-Baptiste Froville_+33 1 58 98 68 00_
jean-baptiste.froville@socgen.comCorentin
Henry_+33 1 58 98 01
75_ corentin.henry@socgen.com
- Societe Generale_ General Meeting of Noteholders dated 29 April
2021
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