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France names banks for 30-year OAT syndication
May 15, 2017 / 10:44 AM / 7 months ago

France names banks for 30-year OAT syndication

LONDON, May 15 (IFR) - The Republic of France has mandated BNP Paribas, Citigroup, HSBC, JP Morgan and Societe Generale for a 30-year euro-denominated OAT benchmark, according to a lead.

The transaction will be launched by syndication in the near future and have a May 25 2048 maturity. All other primary dealers in the Republic of France government bond market will be invited into the syndicate.

The issuer is rated Aa2/AA/AA/AAA, all with stable outlooks. (Reporting by Robert Hogg, Editing by Helene Durand)

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