BNP Paribas raises 1 bln euros from senior unsecured bond - lead manager
LONDON, April 4 (Reuters) - BNP Paribas raised 1 billion euros ($1.09 billion) from a senior unsecured bond on Tuesday, according to a lead manager memo seen by Reuters.
The deal comes as debt sales by banks resurface following upheaval in March after Credit Suisse wiped out holders of its AT1 bonds, a type of subordinated debt, as part of its rescue by UBS.
Demand for the new eight-year green bond exceeded 1.85 billion euros, the memo said.
The deal priced for a yield of 4.358%, according to the memo. ($1 = 0.9179 euros) (Reporting by Yoruk Bahceli; editing by Chiara Elisei)