BNP Paribas has raised $2 billion in a sale of senior bank notes, Reuters reports. The French bank was the sole bookrunning manager for the deal. The notes carry a coupon rate of 5% and are due to mature on Jan. 15, 2021. The issue was made with a risk premium of 175 basis points over Treasurys, directly in line with preliminary price guidance.

Click here for the story from Reuters.