Crédit Agricole chooses Swiss senior preferred

Credit Agricole from corp media gallery copyright Xavier Isaac 230x150
By Silas Brown
21 Sep 2017

Crédit Agricole issued a six and a half year Swiss franc bond on Thursday, opting for senior preferred in a bid to diversify towards Swiss investors.

Leads Crédit Agricole and Credit Suisse opened order books for the trade on Thursday morning, Zurich time.

Crédit Agricole is a regular issuer in Swiss francs, with natural funding needs in the currency.The bank printed a Sfr100m ($102.8m) seven year senior non-preferred bond in June, and ...

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