AT1 evolution continues with Crédit Agricole dual currency deal

By Graham Bippart
03 Apr 2014

The still nascent additional tier one market moved toward maturity with the sale of Crédit Agricole’s dual currency transaction this week, a deal that broke new ground in several areas.

It was the first AT1 yet to be offered in two currencies, as well as the first time a non-UK financial has sold a benchmark sterling AT1.

After a three day roadshow ending on Monday, Crédit Agricole announced it was acting as its own global coordinator, sole advisor ...

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