Crédit Agricole Assurances has successfully priced 750 million euros of Tier 2 subordinated notes at a fixed annual interest rate of 5.125% under its EMTN programme

Crédit Agricole Assurances successfully priced €750 million of Tier 2 subordinated notes at a fixed annual interest rate beginning with 5%. The transaction strengthens the insurer's subordinated capital funding and demonstrates access to debt markets, though the announcement is unlikely to have broad market impact.