BNP Paribas Reportedly Gears Up for Another Panda Bond Sale, Targeting Up to 6 Billion Yuan

Deep News

08/28

According to individuals familiar with the matter, BNP Paribas SA is planning to issue panda bonds, with a maximum issuance amount of 6 billion yuan. The sources indicated that the bank intends to start marketing the bonds as early as September.

This bond issuance is slated to include three tranches: an initial maximum issuance of 1 billion yuan for the 3-year maturity, up to 4 billion yuan for the 5-year maturity, and a cap of 1 billion yuan for the 7-year maturity.

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