CNP gets 20x demand as Asia shows depth, Allianz taps European fan base

French insurance firm CNP Assurances got a thumbs up from the Asian private banking and retail investor base on Tuesday, gathering around $6bn of orders from the region — in addition to $4bn from European buyers — for its inaugural dollar Reg S subordinated bond. Meanwhile, Germany’s Allianz tapped the euro market for a 30 non-call 10 deal.