Groupama Successfully Issues Subordinated Debt of EUR 500 Million

Author: Logan Wright Updated: 05-20-2025 06:30 AM

Groupama Completes EUR 500 Million Subordinated Debt Issue

Groupama has recently accomplished a significant financial milestone by issuing Euro-denominated fixed-rate subordinated notes amounting to EUR 500 million. This position not only underscores Groupama's confidence in the current market but also aims to enhance its capital structure effectively.

Key Details of the Subordinated Debt

The subordinated notes have been priced at MS+190, consequently leading to an attractive annual coupon rate of 4.375%. These notes are due in 2035 and have garnered considerable attention among institutional investors, resulting in an order book that exceeded expectations, being oversubscribed by more than five times.

Main Terms of the Issue

Here are the key specifics regarding the new issue:

Issuer: Groupama Assurances Mutuelles
Expected Rating: BBB+ by Fitch
Issue Amount: EUR 500 million
Pricing Date: May 19, 2025
Settlement Date: May 26, 2025
Annual Coupon: 4.375%
ISIN: FR001400ZUC0

Prominent Financial Institutions Involved

Several leading financial institutions played pivotal roles in this transaction. Natixis served as the global coordinator, with Barclays, BNP Paribas, Citigroup, J.P. Morgan, and Morgan Stanley participating as joint bookrunners. Such collaboration highlights the competitive interest and confidence from various quarters in this major financial issue.

Trading Information

These newly issued notes are set to be listed on Euronext Paris, allowing for trading and offering liquidity to investors keen on incorporating these assets into their portfolios.

Accessibility of the Prospectus

The prospectus associated with the new subordinated notes will be made available on Groupama's official website, allowing potential investors to review the terms in detail and assess the opportunities presented by this offering.

About Groupama Group

Groupama has been an integral part of mutual insurance in France for over a century. Its foundation rests on humanist values that prioritize community support and responsibility. With a presence in ten countries, the Group serves around 12 million members and customers, employing about 32,000 people. Additionally, the Groupama family includes two prominent brands, Groupama and Gan, and reported impressive premium income, highlighting its significant role in the insurance sector.

Frequently Asked Questions

What is the total amount raised in Groupama's recent debt issuance?

Groupama successfully raised EUR 500 million through its recent subordinated debt issuance.

What is the maturity period of the newly issued subordinated notes?

The subordinated notes are due in 2035, offering a long-term investment opportunity.

How oversubscribed was the order book for these notes?

The order book for the newly issued notes was oversubscribed by more than five times, reflecting strong investor interest.

Who were the primary financial institutions involved in this issue?

Natixis acted as the global coordinator, with Barclays, BNP Paribas, Citigroup, J.P. Morgan, and Morgan Stanley as joint bookrunners for the transaction.

Where can investors find the prospectus for the new notes?

The prospectus will be available on Groupama's official website, providing details for prospective investors.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

Contact Logan Wright privately here. Or send an email with ATTN: Logan Wright as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.