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CNP Assurances announces the successful issue of the first Tier 3 euro-denominated subordinated bonds

The bonds, issued in an amount of €1 billion, are non-callable bullet bonds and will mature in 6 years. They are rated BBB+ by Standard & Poor’s, rank pari passu with the previously issued Tier 2 subordinated notes, and pay a 1.875% fixed rate of interest until October 2022.

13 October 2016, by Next Finance

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