BNP Paribas CIB’s Post

OTP Bank has priced a EUR700 million green bond, which marked its largest MREL issuance to date with the lowest coupon and re-offer spread achieved for MREL funding by the bank.   The transaction was issued under OTP’s #Sustainable Finance Framework, under which it aims to be a regional leader in financing a fair and gradual transition to a low-carbon economy.    An amount equal to the net proceeds from the green bond will be used to #finance and/or refinance a portfolio of eligible loans including those related to green buildings, #renewable energy and clean #transportation projects.   OTP Group is a leading financial institution in Hungary and the Central and Eastern European region, providing financial services for its 17.4 million private and corporate clients in twelve countries.   BNP Paribas acted as Joint Bookrunner on the transaction. This follows the Bank’s lead role on OTP Bank’s previous Senior Preferred issuance in January 2024 and reaffirms its number 1 position in CEE MREL issuance for 2024 YTD.   #BNPP4clients Alexis Taffin de Tilques Borys Matiash Pierre Bonin Laurent BONNET Matt Doherty Alice Wilson Vikas Katyal Anne Besson-Imbert

BNP Paribas has advised a consortium led by Believe founder and CEO Denis Ladegaillerie, together with TCV and EQT X, on the launch of a tender offer for all outstanding shares in global #digital #music company Believe. The tender offer, which was unanimously approved by Believe’s Board of Directors in April, has led to 94.99% of its share capital owned by the consortium at closing. Consortium’s holding was increased to more than 96% in the following days.  .  Believe provides services, including marketing, artist development, production, publishing, branding, live and financing solutions to 1.35 million independent artists and labels. It has over 1,900 employees and operates in over 50 countries. BNP Paribas acted as financial advisor to the consortium, underlining its capacity to accompany growth and #technology companies in their international development. #BNPP4clients #musicindustry #recordlabels

Partnering with the Financial Times to showcase the success of our corporate and institutional clients – starting with the #EV charging revolution ⚡ 🚘 #ForThoseWhoMoveTheWorld Joachim Reinboth Melissa Paterson

How long will it take for #electricvehicles to reach price parity with Internal Combustion Engines (ICE)?   How are developments in #technology accelerating growth across the value chain?   And how fast can the global addressable #EV market grow?   Find more from our BNP Paribas Exane experts who project USD800 billion for the entire EV value chain by 2030: https://bnpp.lk/oD2n90   #BNPP4clients #innovation Chaoni Huang Stuart Pearson William Bratton Jason Yates Brian Mccappin Jean-Christophe Vallat Dorothee Cresswell Ken Quinn

Romania has issued a EUR dual tranche 8-year EUR1.842 billion and 13-year EUR1.4 billion transaction.   The issuance, which was coupled with a Switch and a Tender Offer targeting EUR notes due 2024/2025, reached a final orderbook of over EUR6.4 billion and represents the third offering in the public debt #markets from #Romania in 2024.   BNP Paribas acted as Bookrunner and Dealer Manager on the transaction.   #BNPP4clients Alexis Taffin de Tilques Borys Matiash Matt Doherty Stelios Manetas Iwona Cygan Alice Wilson Hannah Saint Thierry Tomizioli Marius Gherghel

Our 18th annual Global Official Institutions conference recently welcomed almost 200 clients, BNP Paribas and industry experts in Paris.   Speakers discussed a wide range of themes shaping the official institutions sector in a fast-changing landscape. This included the macroeconomic outlook, multilateral development bank reform agenda and #innovation in #finance structures. We dived into the currents of institutional asset allocation, #energy dynamics for Western economies and the low-carbon transition, as well as #ArtificalIntelligence and trends in #technology.   Thank you to everyone who joined us – see you next year!   #BNPP4clients Andrew Cross Orlando Ferreira Laurent Leveque Chrisdèle M'bemba Monica Hanson Sabina Veksler Jean-Paul Debrinski Jean-Christophe Magdelaine Florence Lubineau-Henric Trang Nguyen Marcelo Carvalho Marc Lacoin Luigi Speranza Nicolas Rydarowicz Cenk Öner Alexis Taffin de Tilques Sandrine Ferdane Tony Howes Borys Matiash Théo Garnier Victor Villemann Jamie Stirling Agnes Gourc Antonio Gómez-Chaparro de Luna Johanna Lasker Kate Scrafton Deborah Lennard Stephanie Hoare Youmna Noujaim Mia Trinephi Patricia Lembrouck

With #regulation, #digital treasury and funding challenges transforming the landscape, treasurers need to continuously adapt to corporations’ evolving needs.   How can treasurers optimise operations and the cash cycle in a changing world? Which challenges and opportunities will arise from #artificialintelligence? And how can corporates benefit from innovative payment solutions?   Hear insights from our BNP Paribas CIB and BNP Paribas Cash Management & Trade Solutions experts at the recent EACT - European Association of Corporate Treasurers Summit: https://bnpp.lk/EyVXdo   #BNPP4clients #Treasury Aurelia Normand Pierre Fersztand

Investors are increasingly turning to quantitative strategies to help navigate the complexities of financial #markets.   The QIS Lab at BNP Paribas has released a new white paper, providing an in-depth analysis of dispersion and its implications.   The paper touches upon the importance of understanding dispersion to make informed #investment decisions. It examines ways to access dispersion and the expectation of premiums remaining positive in the future.   Read more: https://bnpp.lk/b84lab   #BNPP4clients #BNPPGM Julien Turc Jérôme Gava, Ph.D.

Around the world, our BNP Paribas CIB colleagues have been celebrating #Pride month, and the rich diversity of people and identities that make up our business.   From transgender parenting, to intersectionality and intergenerational challenges, our teams embraced honest, thought-provoking conversations around the challenges, stigma and discrimination still faced by the LGBT+ community today.   A big thank you to our allies, role models, colleagues and the BNP Paribas PRIDE network for all you do to keep the conversation alive all year round.   #BNPP4diversity #PrideMonth