Old school rules for BPCE, Rabo roadshows new-style CoCa while Westpac and Goldman get big response

March 10, 2010 12:00 am

Investors rushed to invest in Westpac Securities New Zealand and Goldman Sachs’ seven year bonds, which were priced on Wednesday. The order books for the deals, which were for Eu750m and Eu1.25bn respectively, reached over Eu4bn. Meanwhile, France BPCE has surprised the market with an old-school hybrid tier one deal and Rabobank has emerged with its own take on contingent capital.

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