Crédit Agricole’s $1.75bn perpetual non-call 10 Additional Tier 1 transaction in January got the CoCo market off to a pioneering start for 2014. Neil Day spoke to Bernard Delpit, Crédit Agricole Group CFO, and Olivier ...
Crédit Agricole points to AT1 future
Case Studies
With standardisation of contingent capital structures such as Crédit Agricole’s AT1 still some way off, pricing the new instruments is by no means easy. Here, Michel Baud, portfolio manager at BNP Paribas AM, shares his ...
CoCos: View from the buy-side
Case Studies
Crédit Agricole’s AT1 transaction carried new structural features and targeted multiple investor bases. Neil Day spoke to Vincent Hoarau, managing director, head of FIG syndicate, Crédit Agricole CIB, about the ...
CASA hits target with dual-trigger
Case Studies, From CACIB