BPCE, BNPP stand out with popular green deals
Groupe BPCE and BNP Paribas issued green bonds this week, attracting strong levels of demand for such a late stage in the year.
BNP Paribas issued what was perhaps the stand-out transaction. It raised €750m on Wednesday, after clocking up more than €3.25bn of orders.
It had gone out with initial price thoughts in the 95bp area over mid-swaps for a 6.5 non-call 5.5 year non-preferred senior bond.But the momentum ...
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