By Cristal Cody
Chicago, Nov. 29 – BNP Paribas SA priced $2 billion of 5.894% notes due 2034 (Aa3/A+) on Tuesday, according to a market source.
The notes priced at Treasuries plus 155 basis points.
There are 10 years of call protection.
BNP Paribas was the bookrunner for the Rule 144A and Regulation S deal.
The financial services company is based in Paris.
| Issuer: | BNP Paribas SA
|
| Amount: | $2 billion
|
| Issue: | Notes
|
| Maturity: | Dec. 5, 2034
|
| Bookrunners: | BNP Paribas
|
| Coupon: | 5.894%
|
| Spread: | Treasuries plus 155 bps
|
| Trade date: | Nov. 28
|
| Ratings: | Moody’s: Aa3
|
| S&P: A+
|
| Distribution: | Rule 144A and Regulation S
|
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