SG brings dollar AT1 with punchy price thoughts

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SG brings dollar AT1 with punchy price thoughts

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Societe Generale employees chat outside the company's headquarters, in Paris La Defense, France, on August 4, 2005. Societe Generale SA, the third-biggest French bank, said profit in the second quarter rose 18 percent, helped by higher earnings from consumer lending outside France. Photo by Lucas Schifres/ABACAPRESS.COM | Pictobank/ABACA/PA Images

FIG bankers said that Société Générale had started with ‘aggressive’ price thoughts for a new dollar-denominated additional tier one deal on Wednesday, as the French bank looked to raise capital ahead of an upcoming call date.

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