This content is from: Innovation

BNP Paribas Offers $2B Debt

BNP Paribas has raised $2 billion through a senior bank note sale.

BNP Paribas has raised $2 billion through a senior bank note sale, The Wall Street Journal reports. The five-year senior unsecured notes have a coupon rate of 3.6%.

The debt has a spread of 135 basis points to yield 3.623% over Treasurys. BNP was the sole bookrunning manager for the offering.

Click here for the story from The Wall Street Journal.

Click here for the additional coverage from Reuters.

Related Content