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BPCE completes a buyback operation concerning 4 series of bonds

On March 16, BPCE completed a senior debt cash buyback operation concerning four series of bonds maturing between November 27, 2012 and October 29, 2013. Bonds were repurchased for a total of 822 million euros.

This operation forms part of Groupe BPCE’s debt redemption management policy aimed at extending the average maturity of its debt in view of the new regulatory constraints to be imposed on banking institutions.

This buyback operation was managed by Natixis.