Soc Gen follows green trend with blowout non-pref deal

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By David Freitas
15 Sep 2020

Société Générale has added to the recent trend for green deals in the FIG market by launching a €1bn 'positive impact' bond, backed by €5bn of demand.

The French bank acted as sole bookrunner for the eight year non-call seven trade, which came in non-preferred senior format.

It kicked off with price thoughts in the 155bp/160bp over mid-swaps on Tuesday morning.

Books had reached over €2bn of orders just before 10am. Société Générale then drove ...

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