BPCE pays up before AT1 steals show

By David Rothnie
11 Sep 2014

The US FIG market returned to normality after the deluge of the previous week’s supply subsided.

Away from the brace of headline grabbing additional tier one deals by HSBC and Crédit Agricole (see front cover), issuance slowed to a trickle with signs of investor fatigue.

BPCE appeared to suffer as a result of spread widening on Barclays’ tier two deal from the ...

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