Soc Gen pivots to pref senior, offers small premium

David Freitas

February 17, 2020 01:45 PM

SocGen_Adobe_575x375 — PARIS, FRANCE - MAY 10, 2015: View of Societe Generale headquarter (SG) in La Defense district, Paris. Societe Generale is a French multinational banking and financial services company. | Goodpics - stock.adobe.com

Société Générale was two times subscribed for a new €1.25bn preferred senior bond on Monday, showing that investors still have plenty of appetite for the lower-yielding asset class.

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Topics

Santander Senior Debt JP Morgan Europe France EMEA FIG Société Générale

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David Freitas