Arkéa takes ‘cautious’ stance to complete tier two funding
![Bordeaux , France - 03 12 2024 : credit mutuel arkea french office store sign text and brand bank logo signage on building agency facade in street](https://assets.euromoneydigital.com/dims4/default/0065eaa/2147483647/strip/true/crop/5414x3609+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F7e%2F0c%2F6d36decc44b98a012b1537fe53fa%2F2wtpf0f.jpg)
◆ French bank pulled its €500m capital funding in early January amid crowded market ◆ New deal offers some call premium compared to the earlier bullet note ◆ Clears with up to 5bp-10bp new issue premium
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