Crédit Agricole

By Gerald Hayes
30 Jan 2014

Rating: A2/A/A

Amount: €1bn

Maturity: February 5, 2026

Issue/reoffer price: 99.635

Coupon: 3.125%

Spread at reoffer: mid-swaps plus 98bp

Launched: Wednesday January 29

Payment date: February 5

Joint books: Crédit Agricole, BayernLB, Standard Chartered

Bookrunners’ comment:

This trade was built on the back of strong reverse enquiry from French insurance companies. When the issuer marketed its additional tier ...

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