It may not have grabbed the headlines like a French Presidential tryst, but the love affair between the country’s investment grade banks and US investors hit fever pitch this week as a quartet of issuers took home $5.7bn.
BPCE kicked off proceedings on Monday, pricing a $1.5bn 10 year bullet. That deal came at 235bp over Treasuries — 12bp inside the initial price thoughts — on the back of a $6bn order book. Natixis, HSBC, ING, JP Morgan and Morgan Stanley were joint bookrunners for the
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