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Banque France issues €500M notes

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Banque France issues €500M notes

PSA Banque France SA has issued €500 million of five-year fixed-rate senior unsecured notes set to mature in April 2023.

The notes carry an annual coupon of 0.75%. The issuance was nearly 2.5x oversubscribed.

CACIB, HSBC, ING and Santander acted as book runners for the issuance.