CM Arkéa joins Covid-19 senior funding boom

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By David Freitas
04 Jun 2020

Crédit Mutuel Arkéa has joined a fast-growing list of banks marketing Covid-19 response funding in the bond market, raising €750m in non-preferred senior format on Thursday to finance projects through its social bond framework that tackle the effects of the pandemic

Crédit Mutuel Arkéa opened books early on Thursday for a nine year non-call eight year non-preferred senior deal, appearing in a quiet market ahead of the European Central Bank’s meeting taking place later on the same day.

Bookrunners ABN Amro, Crédit Agricole, Crédit Mutuel Arkéa,

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