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Update: Market Chatter: Crédit Agricole Explores Credit Risk Transfer on EUR1 Billion in Car Dealer Loans
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05:00 AM EDT, 10/13/2026 (MT Newswires) -- (Updates with Crédit Agricole International Banking and Services' statement) Crédit Agricole (ACA.PA) is weighing a credit risk transfer tied to 1 billion euros in floorplan financing facilities for European car dealers, Bloomberg reported Monday, citing people familiar with the matter. The French bank is testing investor interest for the transaction, which may target insurers. The facilities include Stage 2 loans, which are classified as having experienced a significant increase in credit risk since they were issued. Crédit Agricole's International Banking and Services unit told MT Newswires it does not comment on market rumors or speculations. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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