Intesa, BNPP build blowout books for SRI senior deals

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By David Freitas
27 Nov 2019

Intesa Sanpaolo and BNP Paribas hurried to make use of strong market conditions this week, building blowout order books for a pair of new senior deals in socially responsible formats.

Intesa Sanpaolo on Wednesday opened books for a five year preferred senior bond in a sustainability format, while BNP Paribas was marketing a 6.5 year non-call 5.5 non-preferred senior paper in green format.

The Italian lender, which had run investor meetings to gauge appetite for its ...

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