BPCE in $2 Billion of Offerings

September 19, 2018

Cleary Gottlieb represented BPCE in the offering of $750 million 4.000 percent senior non-preferred notes due 2023, $500 million senior non-preferred floating-rate notes due 2023, and $750 million 4.625 percent senior non-preferred notes due 2028 under BPCE’s U.S. medium-term notes program.

The transaction, which closed on September 12, 2018, was managed by Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Natixis Securities Americas LLC, and Wells Fargo Securities, LLC for the Dealers.

BPCE is the central body of Groupe BPCE, one of the largest banking groups in France. Groupe BPCE includes 30 regional banks, 14 in the Banque Populaire retail banking network, and 16 in the Caisse d’Epargne retail banking network, as well as BPCE and its subsidiaries and affiliates.