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CREDIT SUPPLY: Credit Agricole: Priced, Books Have Held Well, Positive For FR

CREDIT SUPPLY

Credit Agricole (ACAFP: A3/A-/A+) has now priced its social SNP; books were above EUR4bn and these have held through to pricing, even at 5x coverage level. Positive indicator for French bank credit in the wake of recent political turmoil there.

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