trending Market Intelligence /marketintelligence/en/news-insights/trending/fd2ONo9jEGsB8kQn4Uz2aA2 content esgSubNav
In This List

SocGen issues €1B senior nonpreferred bond

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade

Blog

Middle East Africa MA by the Numbers: Q3 2021

Blog

Banking Essentials Newsletter: November Edition 2021 - Part 2


SocGen issues €1B senior nonpreferred bond

Société Générale SA on Dec. 14 placed a €1 billion bond, Cbonds reported Dec. 15.

The notes, with an initial issue price of 99.781%, carry a coupon of 1%. The bond will mature April 1, 2022.

Société Générale acted as book runner for the issuance, the report added.

The issuance was the first by SocGen of new senior nonpreferred debt, Thomson Reuters' IFR wrote Dec. 16. Crédit Agricole SA on Dec. 13 priced €1.50 billion in senior nonpreferred notes, becoming the first lender to issue bonds in the new debt class.