BPCE launches five-year senior-preferred transaction
- Tuesday, 26 May 2020
On 26 May, Groupe BPCE (A+/A1/A+) launched a new five-year, Australian dollar denominated, senior-preferred transaction, offered in either or both fixed and floating-rate note formats. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 165-170 basis points area over swap benchmarks. National Australia Bank, Natixis, Nomura and TD Securities are leading.
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