BNPP moves in for lowest ever dollar AT1 coupon
![BNPP_Adobe_575x375](https://assets.euromoneydigital.com/dims4/default/6ad1d43/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fc9%2F85%2F8b7a79688702f812326b7e0ce198%2Fbnpp-adobe-575x375.jpg)
BNP Paribas was guiding investors towards a coupon in the 4.75% area for a new additional tier one (AT1) on Tuesday, as it looked to price its deal at the lowest level ever acheived by a European bank in the dollar market.
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