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The latest update is out from BNP Paribas ( (FR:BNP) ).
BNP Paribas has announced the early redemption of its NOK 800,000,000 Floating Rate Subordinated Notes originally due in 2030. The redemption will occur on February 21, 2025, at a price of 100%, reflecting the company’s strategic financial management and potential impact on its liquidity and capital structure.
More about BNP Paribas
BNP Paribas is a leading global financial services firm providing a wide range of banking and financial solutions. The company operates in various sectors, including retail banking, corporate and institutional banking, and investment solutions, primarily focusing on markets across Europe and globally.
YTD Price Performance: 6.41%
Average Trading Volume: 1,328,880
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €71.13B
For a thorough assessment of BNP stock, go to TipRanks’ Stock Analysis page.