Crédit Agricole
-
The veteran banker has been in several leadership positions at the bank -
Germany agency deal limps over the line as long duration euros remain a tough sell
-
-
Others are not expected to follow after cool reception
-
Range of trades on offer including rare floater and much delayed green euro debut
-
With Tuesday’s deal, Crédit Agricole will have fulfilled slightly more than 60% of its funding plan for 2022
-
SSA issuers line up new bonds in a market that has been tepid towards the sector
-
Spread widening has helped to keep new issue premiums down for senior sales
-
Short dated deal attracts rare insurance and corporate investors
-
Hopes that trade could encourage other ECB ineligible issuers to come
-
Market looks to defensive structures as it digests ECB announcement
-
UBS and Crédit Agricole pay elevated premiums for three year debt
