By Andrea Heisinger
New York, Jan. 12 - BNP Paribas SA priced $2 billion of 5% 10-year senior notes on Wednesday to yield Treasuries plus 175 basis points, a market source said late in the afternoon.
The notes (Aa2/AA/AA-) were sold at 99.233 to yield 5.099%. They are non-callable.
BNP Paribas Securities Corp. was the bookrunner.
The financial services company is based in Paris.
| Issuer: | BNP Paribas SA
|
| Issue: | Senior notes
|
| Amount: | $2 billion
|
| Maturity: | Jan. 15, 2021
|
| Bookrunner: | BNP Paribas Securities Corp.
|
| Coupon: | 5%
|
| Price: | 99.233
|
| Yield: | 5.099%
|
| Spread: | Treasuries plus 175 bps
|
| Call: | Non-callable
|
| Trade date: | Jan. 12
|
| Settlement date: | Jan. 18
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA
|
| Fitch: AA-
|
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