FIG market takes courage from strong deal dynamics post-Easter

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By Tyler Davies
06 Apr 2021

Three banks jumped into the euro senior market after the Easter break on Tuesday, benefitting from stable demand and printing with low new issue concessions.

BNP Paribas (Aa3/A+/AA-) had the slimmest subscription on the day, but it also issued the largest transaction.

The French firm opened order books for a six year non-call five deal in non-preferred senior format, using its own investment bank as the sole bookrunner.

It was able to tighten ...

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