Crédit Agricole Alpes Provence local units offer up to EUR 150 million of cooperative shares at EUR 1.5 each

Reuters2026/08/04 13:26

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Crédit Agricole Alpes Provence launched a public offering of cooperative “parts sociales” via its affiliated local branches, targeting EUR 150 million.
Subscriptions run from June 27, 2026 through June 26, 2027, with no allocation targets set at the local-branch level.
Issue price set at EUR 1.5 per unit, implying about 100,000,000 units.
Subscriptions range from 20 units (EUR 30) to 13,334 units (EUR 20,001) per investor, with a matching holding cap.
Units are redeemable at par plus accrued interest, subject to governance approvals and regulatory capital constraints, with payment deferrable up to five years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crédit Agricole Alpes Provence published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040925OMX_____CNEWS_FR_GNW1001256006_fr) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Crédit Agricole Alpes Provence local units offer up to EUR 150 million of cooperative shares at EUR 1.5 each

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