BPCE $2 billion triple tranche (4%, 4.625%, and FR) bond issue

30/9/2018
Investment grade bond/note issue

$ 2 billion

Announced

30/9/2018


Overview:

  • Banking group BPCE has issued three notes offerings for a total amount of $2 billion.
  • In the first offering 4.000% notes the value is $750 million and is due in 2023.
  • The second tranche was the issue of $500 million senior non-preferred floating rate notes due in 2023.
  • The final one was the issue of $750 million 4.625% senior non-preferred notes due in 2028.

Laura Mendes - Researcher

Jurisdiction:

France

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

France

Industry sectors:

Banking
Financial services


Firm: