SG follows French peers with 20 year dollar T2

Societe_Generale_PA_220221_575x375
By Tyler Davies
22 Feb 2021

Société Générale tapped into strong demand for 20 year tier two debt in the dollar market this week, following examples set by BNP Paribas and Crédit Agricole earlier in the year.

The French issuer(A1/A/A-) opened books for a March 2041 tier two during Asia hours on Monday, having registered its deal in the 144A/Reg S format.

It hired Bank of America, Citi, JP Morgan, Société Générale and TD Securities as joint bookrunners.

They started marketing the transaction at ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options