Crédit Agricole's C$400m tier one bond a golden first for Canada's Maple market

August 04, 2006 12:00 am

The Maple market reached a milestone in its development this week with its first tier one transaction. Crédit Agricole's C$400m perpetual non-call 10 trade, via Merrill Lynch, was also the sector's first deal from a French financial institution.

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