Créd Ag sets out green bond plans

Jasper Cox

November 21, 2018 01:30 PM

credag3_PA_230x150 — Moody's ratings agency said Wednesday Sept. 14, 2011, it had downgraded by one notch top French banks Societe Generale and Credit Agricole while leaving BNP Paribas on negative watch. Credit Agricole's rating slid from Aa1 to Aa2 while Societe Generale was cut from Aa2 to Aa3. Shares in all three banks have plummeted in recent weeks on exposure to Greek sovereign debt and turbulence caused by the eurozone debt crisis. File picture : A Credit Agricole credit card is pictured in a Credit Agricole ATM, in Paris, France, on November 28, 2002. Photo by Lucas Schifres/ABACA. | Schifres Lucas/ABACA/PA Images

Crédit Agricole is the latest bank to speak to investors about issuing a green bond, at a time when other European names have been marketing deals in the format.

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Topics

Senior Debt Europe Crédit Agricole EMEA SRI FIG

JC

Jasper Cox