Sogecap announces the results of the tender offer on its undated subordinated notes

Following the recent launch of the tender offer for its undated fixed to fixed reset rate subordinated notes issued on 18 December 2014 (ISIN: FR0012383982) (the “Notes”), Sogecap, Societe Generale group life insurance company, is pleased to announce the success of its tender offer.

The tender offer expired at 4.00 p.m. Paris Time on 7 July 2025.

The results of the tender offer are the following:

• principal amount of the Notes validly tendered and accepted for purchase: EUR 557,800,000;
• no tender pro-rating factor will be applied;
• remaining outstanding amount of the Notes after the settlement date: EUR 242,200,000. 

The settlement date for the tender offer is expected to be on 10 July 2025. The Notes purchased by Sogecap pursuant to the tender offer will be cancelled by Sogecap.

The purpose of this transaction is to manage proactively the own funds of Sogecap.
 

Information about the tender offer
The terms and conditions of the tender offer are set out in the document entitled “Tender Offer Memorandum” dated 30 June 2025. 
Further information concerning the Tender Offer is available on: deals.is.kroll.com/sogecap. 

Disclaimer
The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions.