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Updated rating reports on Credit Agricole AT1 and T2 securities
Scope Ratings has updated its analysis on Credit Agricole’s AT1 and T2 securities. Ratings were also assigned to the 8.125% USD 1.25bn AT1 securities issued in January 2016.
The analysis assesses the impact of the latest regulatory capital requirements. In addition, we consider the potential implications of the group’s simplification project which will somewhat change the business mix of the issuer, Credit Agricole SA.