LOXAM SAS dual-tranche bond offer sees no stabilisation

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

BNP Paribas announced that no stabilisation was undertaken for the dual-tranche bond offer by LOXAM SAS. The securities consist of a 600 million euro five-year tranche and a 450 million euro six-year tranche, both priced at 100. The stabilisation managers were BNP Paribas, Deutsche Bank, Crédit Agricole CIB, and Natixis.

Impact on stocks 3

Financials▲ · 3 stocks
BNP Paribas SA
BNP
± MixedCapitalrelevance

BNP Paribas announced no stabilisation for the bond offer; neutral as it is a routine disclosure.

Off-coverage companies 2

LOXAM SASPrivate± Mixed
Capitalrelevance

LOXAM SAS issued dual-tranche bonds; no stabilisation indicates normal market conditions, no clear positive or negative.

NatixisPrivate± Mixed
relevance

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