French convertible bond increases in size

A new convertible bond issue from Technip-Coflexip, a French engineering and construction contractor, was increased in size from €600m ($532m) to €690m after strong demand resulted in placement in just three and a half hours on Tuesday.

JP Morgan was global co-ordinator and a joint bookrunner of the issue with BNP Paribas. The transaction was oversubscribed 18 times, generating €11bn of demand.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump