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Societe Generale prices $1.75bn additional tier 1 at 7.875 percent-Reuters

Tuesday, 10 Dec 2013 07:00pm EST 

Societe Generale:Societe Generale priced a $1.75 billion perpetual non-call 10-year Additional Tier 1 with a coupon of 7.875 percent Dec. 11-Reuters.The deal attracted $17.5 billion of demand.The final coupon was at the tight end of the 7.875 percent-8 percent guidance.Societe Generale is the bookrunner with JP Morgan and Morgan Stanley as joint lead managers. 

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0.0301 +0.30%
11 Jul 2014