SG brings dollar AT1 with punchy price thoughts

Tyler Davies

April 04, 2018 01:00 pm

Societe_Generale_PA_040418_230x150 — 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.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

Bank Capital Europe France EMEA FIG Société Générale

TD

Tyler Davies