Pechiney convertible buoys BNP Paribas

BNP Paribas consolidated its position in the equity-linked league table by jointly leading a €450m ($395.4m) convertible bond for Pechiney, the French aluminium products company, with JP Morgan.

The French bank was second in the league table of bookrunners of equity-linked issues at the end of the last quarter behind Goldman Sachs, according to Dealogic, the investment banking research firm.

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