Crédit Agricole
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Others are not expected to follow after cool reception
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Range of trades on offer including rare floater and much delayed green euro debut
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With Tuesday’s deal, Crédit Agricole will have fulfilled slightly more than 60% of its funding plan for 2022
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SSA issuers line up new bonds in a market that has been tepid towards the sector
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Spread widening has helped to keep new issue premiums down for senior sales
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Short dated deal attracts rare insurance and corporate investors
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Hopes that trade could encourage other ECB ineligible issuers to come
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Market looks to defensive structures as it digests ECB announcement
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UBS and Crédit Agricole pay elevated premiums for three year debt
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Issuers enjoy strong reception as whipsawing sentiment keeps market on its toes
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The lithium battery material maker is making its debut at a tricky time for markets