Coface 10 year tier two ‘captures the imagination’
![Exterior view of the head office building of Coface (French Insurance Company for Foreign Trade)](https://assets.euromoneydigital.com/dims4/default/f7badca/2147483647/strip/true/crop/5521x3681+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F4f%2F27%2F7eb49d614d769b8739f52903eba3%2F2fwgpdx.jpg)
◆ French insurers offer the two most desired elements in FIG ◆ Deal prices with 10bp NIP and large oversubscription ◆ More subordinated issuance may follow as market is very strong
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