Page 7 - Social Notes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>Nasdaq (Nasdaq: NDAQ) today announced that Cr&eacute;dit Agricole CIB has listed its first structured product under a Social Bond Framework on the Nasdaq&rsquo;s Sustainable Debt Market. The listing marks the first Social Structured Product listed on Nasdaq's markets. The instruments are arranged by Garantum, and based on Cr&eacute;dit Agricole&rsquo;s Social Notes Framework.</span></p>

85.27% No consent fee will be paid to Holders of Notes in connection with the Consent Solicitation. Having received the Requisite Consents, the Company is authorized to amend the terms of the Class A Notes and the Indenture to (i) reduce the coupon on the Class A Notes from 2.60% per annum (the "Original Class A Notes Coupon") to 2.25% per annum (the "Modified Class A Notes Coupon"); and (ii) issue a new series of interest only notes (the "Class A2 Notes") paying an amount per annum equal to (x) the Original Class A Notes Coupon, minus (y) the Modified Class A Notes Coupon.