CrÃ©dit Agricole - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
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Credit Agricole SA Plans Two-Part Bond Sale-DJ
Dow Jones reported that Credit Agricole SA was planning a two-part bond sale. The bank will issue a new five-year, euro-denominated bond. The deal was set to price at 85-90 basis points over the midswap rate. The issuer was also increasing the size of its existing bond that matures in January 2015. Price guidance on the tap of the floating rate note was set in the low 30s over midswaps. Credit Agricole is the sole lead manager on the transaction.
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