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Maurel & Prom drills for Eu259m CB

30 Jun 2009

French investors seemingly cannot get enough from the convertible bond market, helping the Eu259m issue by oil explorer Etablissements Maurel & Prom at the start of the week. The company simultaneously launched a buyback for its outstanding Eu375m convert. Can the market absorb more issues before the summer slowdown? Turn to EuroWeek on Friday.

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30 Jun 2009