Crédit Ag and Axa do transition bond demo

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Crédit Ag and Axa do transition bond demo

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GXFMEK A logo sign outside of a facility occupied by AXA in Milan, Italy on September 3, 2016. | Alamy Stock Photo

Crédit Agricole CIB has issued the first transition bond to be structured according to Axa Investment Management’s guidelines for this embryonic product, published in June. The €100m private placement, bought by Axa Group, was designed to demonstrate how the market could work.

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