
Press release
La Banque Postale: Successful €750m Senior Non-Preferred Notes Issue
In an environment shaped by the public health and economic crisis, La Banque Postale has successfully raised €750 million through a new Senior Non-Preferred Notes issue. The 6-year notes pay interest at 0.50% for the first five years and then at a variable rate if the buyback option is not exercised in the fifth year. The issue is in line with La Banque Postale’s strategy to increase its funding eligible for inclusion in the MREL.