BNPP attracts ‘diverse’ book for green deal

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By Frank Jackman
07 Oct 2020

BNP Paribas made use of a conducive backdrop this week to build a strong orderbook for a new green non-preferred senior deal.

The French borrower raised €750m off a €3.1bn orderbook, allowing it to slice more than 25bp off initial pricing thoughts.

“The book size speaks to the legitimacy of how well this deal went,” said a banker at one of the leads.

“There was a very strong ...

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