Scor’s Eu180m CB closes 15 times covered

24 Jun 2004

French reinsurance company Scor yesterday (Thursday) successfully completed a Eu180m convertible bond issue, which closed more than 15 times oversubscribed.

Lead managers BNP Paribas, Goldman Sachs and HSBC initially offered the bond with a conversion premium range of 58%-63%.

However, Scor was keen to ...

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