BPCE taps into rising demand for pref senior

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BPCE taps into rising demand for pref senior

Tyler Davies
April 20, 2020 01:00 pm
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A boy with a French flag sits on his father's lap on a bench near the Pitié Salpêtriére Hospital in Paris, France, on April 1, 2020. (Photo by Daniel Brown/Sipa USA) | Daniel Brown/SIPA USA/PA Images

BPCE seized an opportunity to launch €1.5bn of preferred senior funding this week — an asset class that has outperformed all other bank funding products in the market in recent trading sessions.

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CoronavirusSenior DebtBNP ParibasNatixisUBSUKEuropeFranceEMEAFIGDBS
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Tyler Davies
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