Créd Ag defies choppy senior to land magic 3% on 12 year

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Créd Ag defies choppy senior to land magic 3% on 12 year

Crédit Agricole will go down as the only bank bold enough to print this week, as senior unsecured issuance was hampered by fears of an emerging market crisis. But its long benchmark showed just why others were wary, as it widened after pricing.

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