BNP Paribas Offers $2B Debt

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.