BPCE to redeem €350 million subordinated fixed-to-floaters on Feb. 1

By Wendy Van Sickle

Columbus, Ohio, Dec. 4 – BPCE SA called €350 million of its deeply subordinated fixed-to-floating rate notes.

The notes will be redeemed at par plus accrued interest on the first call date of Feb. 1, according to a notice.

Deutsche Bank AG, London Branch is the fiscal agent, principal paying agent and calculation agent. Other paying agents are Deutsche Bank Luxembourg, SA and Deutsche Bank AG, Paris Branch.

The financial services company is based in Paris.

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