La Banque Postale's €750 million 2.75% hybrid note issuance

Value:

€ 750 million

Dollar value:

$ 804.734 million

Status:

Completed

Date:

12/11/2015

French bank La Banque Postale successfully offered €750 million of 2.75% Tier 2 hybrid capital subordinated notes due on the 19th November 2027.
Barclays, BNP Paribas, Citigroup Global Markets, Crédit Agricole CIB and UBS acted as bookrunners.

John Crabb - Journalist

France

Convertible and hybrid securities

Capital markets : Debt

Banking

A&O Shearman

Party: La Banque Postale (Issuer)

Lawyer: Hervé Ekué

Linklaters

Party: Barclays (Bookrunner)

Party: BNP Paribas (Bookrunner)

Party: Citigroup (Bookrunner)

Party: Crédit Agricole Corporate and Investment Bank (Bookrunner)

Party: UBS (Bookrunner)