Soc Gen follows green trend with blowout non-pref deal
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 ...