The market for hybrids is open for business!
BPCE (A2/A/A) announced a benchmark USD RegS/144A dated Tier 2 transaction with IPTs of UST+230bps area. HSBC Bank Plc (Aa3/AA-/AA-) is expected to issue its inaugural multi-currency AT1 transaction this week following a global investor roadshow. Credit Agricole (A2/A/A) is holding investor meetings in the US and Europe starting from 8 September for a possible… Read More The market for hybrids is open for business!