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CREDIT SUPPLY: Financials Primary Updates incl Strong TPEIR Cover

CREDIT SUPPLY
  • Bank of New Zealand (BZLNZ: A1/AA-/A+) books above EUR1bn (for benchmark)
  • CNP Assurances (CNPFP: A1/A/A) books above EUR1bn (for EUR500m issue)
  • La Mondiale (LAMON: BBB+) books above EUR1bn (for EUR500m issue)
  • Piraeus Bank (TPEIR: Ba2 pos/B+/BB- pos) final terms 4.625% coupon (we had FV at 4.6%) and book above EUR3.25bn (for EUR650m issue).
     

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