Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

SocGen Said to Seek as Much as 2 Billion Euros From Note Sale

Don't Miss Out —
Follow us on:

Feb. 21 (Bloomberg) -- Societe Generale SA will raise as much as 2 billion euros from its two-part sale of senior unsecured bonds, according to a person with knowledge of the transaction.

The offering includes an 18-month floating-rate note portion of as much as 1 billion euros that may be priced at 88 to 90 basis points more than Euribor, the person said. A five-year fixed-rate tranche of up to 1 billion euros may yield 222 to 225 basis points more than the benchmark mid-swap rate, the person said.

Link to Company News:{GLE FP <Equity> CN <GO>}

To contact the reporter on this story: Hannah Benjamin in London at hbenjamin1@bloomberg.net

To contact the editor responsible for this story: Andrew Reierson at areierson1@bloomberg.net