Credit Agricole Prices EUR1.25B 4% 2025 Covered Bond At 99.967

5th Jul 2010 14:53

LONDON (Dow Jones)--French bank Credit Agricole SA (ACA.FR) has priced its EUR1.25 billion, 15-year, covered bond at 77 basis points over midswaps, one of the banks running the sale said Monday. Barclays PLC, Credit Agricole CIB, Landesbank Baden-Wuerttemberg, WestLB AG and UBS AG were lead managers on the deal, which has the following terms: Amount: EUR1.25 billion Maturity: July 16, 2025 Coupon: 4% Reoffer Price: 99.967 Payment Date: July 16, 2010 Spread: 77 basis points over midswaps Debt Ratings: Aaa (Moody's) AAA (Standard & Poor's) AAA (Fitch) Denominations: EUR50,000 and EUR50,000 thereafter Listing: Luxembourg -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (END) Dow Jones Newswires July 05, 2010 09:53 ET (13:53 GMT)