Groupama // 2021 Universal Registration Document

6 EARNINGS AND FINANCIAL POSITION Administrative, judicial, or arbitration proceedings

This is a bond issued by Groupama Assurances Mutuelles on 28 May 2014 in the form of an indefinite-term subordinated bond (TSDI) for a total nominal amount of €1.1 billion. This instrument was issued at a fixed rate of 6.375% for the first 10 years and then at a variable rate equal to the 3-month Euribor rate plus a margin of 5.77%. This bond includes a “10-year call” that allows the issuer to redeem the bond early as from the tenth year. On 31 December 2021, this TSDI was trading at 113.0%, compared with 115.1% on 31 December 2020.

6.4.2

EMPLOYMENT AND CASH

Interest paid on TSR by the Group in 2021 amounted to €71 million (€69 million in 2020).

6.5

ADMINISTRATIVE, JUDICIAL, OR ARBITRATION

PROCEEDINGS

Over the past twelve months, the Company has not been subject to any governmental, judicial, or arbitration proceedings, including any pending or threatened proceedings known to the Company, which might have had, or has had over the last 12 months, significant effects on its financial situation or profitability, or that of the Group.

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Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES