Credit Agricole Italy announces that it placed a green bond on Monday from 500 million euro. Good demand: the coverage ratio exceeded 1,5, with requests exceeding the quota 750 million. The maturity of the security is a 12 years.
Lo spread it was set at 9 points above the midswap rate, one point lower than the initial guidance. The bonds will pay a annual coupon.
The auction was managed by a pool of banks made up of Credit Agricole Cib, IMI-Intesa Sanpaolo, Natixis, UniCredit Bank and Raiffeisen Bank International Ag.
