BNP Paribas preparing Australian dollar senior non-preferred transaction

Late in the Sydney day on 26 May, BNP Paribas (A+/Aa3/AA-) revealed plans for a new five-year, Australian dollar denominated, senior non-preferred transaction, offered in either or both fixed and floating-rate note formats. BNP Paribas, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank have been mandated as joint lead mangers.