BNP Paribas

Greece drew 3 billion euros from the issue of a new 30-year bond on Wednesday, securing considerable demand for the issue that came on the back of the unexpected upgrading of the country's credit outlook to "Positive" by Standard & Poor's last Friday.

Armed by the surprise move from Standard & Poor's last Friday, upgrading Greece's outlook to "Positive," the Public Debt Management Agency is on Wednesday set to make its second major market foray for 2024, with a new 30-year bond.

Mytilineos Energy & Metals on Wednesday announced it has reached financial close with lenders BNP Paribas, Intesa San Paolo, Sumitomo Mitsubishi Banking Corporation, Rabobank and Santander Chile, on a 588 MWp non-recourse solar portfolio.

French and US authorities have launched an investigation into Cypriot brokerage TCR International Ltd in conjunction with a branch of BNP Paribas, following suspicions of "aggravated money laundering." The transactions in question, exceeding €220 million, occurred between 2019 and 2021, as reported by French daily Le Monde.

A Cypriot brokerage firm caught up in an investigation by French prosecutors probing financial transfers possibly tied to Yevgeny Prigozhin on Wednesday denied it had ever had direct relations with the late Wagner mercenary chief.

Greece on Tuesday raised 3.5 billion euros in cash and bonds from a new 15-year bond issue, its debt agency said, marking the nation's first bond sale since June's national election.

Investor demand topped 13 billion euros and the final pricing was set at mid-swaps plus 125 basis points, a yield of about 4.42%, the Public Debt Management Agency said in a filing.

The book-building process on a 15-year syndicated bond issue has attracted very strong investment demand, with bids exceeding 11 billion euros pushing the interest rate of the issue from 4.5% initially to 4.45%. 

Climate activists are using shareholder meetings to turn up the heat on corporations about their carbon footprints, from flooding them with questions to more colorful tactics like singing or throwing cake at executives.

The European Bank for Reconstruction and Development (EBRD) provided $50 million in trade finance to the Türk Ekonomi Bankası (TEB).

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The facility, aiming to boost support for exporters and importers, will be channeled under the EBRD's Trade Facilitation Programme (TFP), according to a statement by the bank.

Ljubljana – Slovenia is presenting the framework for its first sustainability bond to investors in a global call on Monday, to be followed by one-on-one calls with interested investors on Tuesday, the Finance Ministry has announced. The issue will depend on the market situation.