BNP Paribas joins Suez €2.4bn rights issue

Morgan Stanley, Calyon and BNP Paribas have been appointed joint global co-ordinators to a €2.4bn ($3bn) rights issue from French utility group Suez. Morgan Stanley and Calyon will be sole bookrunners.

The issue will help fund Suez's €11.4bn buy-out of the 49.9% it does not already own of Belgian utility Electrabel.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line