BNP Paribas SFH Prices EUR1 Billion 3.125% Covered Bond Maturing 2022
March 15 2012 - 10:32AM
Dow Jones News
BNP Paribas Home Loan SFH (BNP.FR), the French lender's covered
bond issuing unit, priced a EUR1 billion, 10-year deal, one of the
banks running the transaction said Thursday.
ABN Amro, BNP Paribas SA, Commerzbank AG and Natixis were the
lead managers on the deal, which has the following terms:
Amount: EUR1 billion
Maturity: March 22, 2022
Coupon: 3.125%
Reoffer Price: 99.341
Payment Date: March 22, 2012
Spread: 85 basis points over midswaps
Debt Ratings: Aaa (Moody's)
AAA (Standard & Poor's)
AAA (Fitch)
Denominations: EUR100,000
Listing: Paris
-By Ben Edwards, Dow Jones Newswires, 44 20 7842 9287;
ben.edwards@dowjones.com