News

Credit Agricole sets rate

Wednesday 19th of December 2007
The French bank has raised $250 million through its offer and the notes will begin trading on the NZDX tomorrow.

The initial interest rate for the first five years is 10.035%, reflecting the margin of 1.90% over the five year swap rate. The interest rate for a further five years will be reset on 19 December 2012 at the 1.90% margin over the prevailing swap rate. From 19 December 2017 the int...

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