Crédit Agricole rides senior unsecured demand in Sfr
Crédit Agricole joined Lloyds in yet another week where senior unsecured issuance dominated the Swiss franc sector. This type of paper — totalling Sfr2.075bn — has taken the market by storm over the past three weeks.
Moreover, the lack of any other issuance type is inevitably putting banks in the spotlight. As long as financial institutions get the pricing and maturities right, investors will follow, said bankers.
"Investors still buy senior unsecured notes because they can find the right maturity and pricing. But they have
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