Crédit Agricole $1.75 billion US MTN issue

10/6/2015

Investment grade bond/note issue

Value:

$ 1.75 billion

Status:

Completed

Date:

10/6/2015

Overview:

French bank Crédit Agricole offered two tranches of senior secured unsecured notes in the United States as part of its $20 billion US MTN programme.
The issue comprised $1.25 billion 2.75% notes due 2020 and $500 million floating rate notes due 2020.
The notes were offered under rule 144A in the US, and managed by Credit Agricole Securities, BMO, JPMorgan and Wells Fargo.

John Crabb - Journalist

Jurisdiction:

France

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

France

Industry sector:

Banking

Firm:

Cleary Gottlieb Steen & Hamilton

Party: Crédit Agricole (Issuer)

Lawyers: Andrew Bernstein, Valérie Lemaitre

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