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EUR 168.66 For Business Accounts Only

Moody's assigns (P)Baa2 to Credit Agricole S.A.'s junior senior unsecured debt programmes

London, 12 December 2016-- Moody's Investors Service today assigned Baa2 ratings to the long-term senior non-preferred note programmes of Credit Agricole S.A.. This rating action follows the enactment of the French law "Sapin II", whose Article 151 creates a new category of senior debt. The senior non-preferred notes, referred to as "junior senior" unsecured notes by Moody's, will be issued under CASA's EUR75 billion Euro Medium Term Note Programme and USD20 billion Global Medium...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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