BNP Paribas is raising a total of €1.25 billion in a bond sale.
BNP Paribas is raising a total of €1.25 billion in a bond sale, Reuters reports. The French bank’s notes, which carry a coupon rate of 3.4%, will mature on March 7, 2016.
The offering is expected to close on March, 7, 2011. BNP Paribas is the sole lead managers for the sale.