By Laura Contemori – ROME (Econostream) – French banking group BPCE SA on Tuesday priced a CHF170 million senior preferred bond.
The bond carries a 1.5175% coupon and will mature on September 25, 2034.
The deal was priced at SARON mid-swaps plus 90bp and offered at par, for a yield to maturity of 1.5175%.
Settlement is scheduled for September 25, 2026.
Deutsche Bank, BNP Paribas, Natixis and Zürcher Kantonalbank acted as lead managers.