Clashes over Cashes as bondholders fight BNPP (Updated)

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Clashes over Cashes as bondholders fight BNPP (Updated)

Issue: Daily News - 30 January 2012

BNP Paribas held firm on Friday amid a bondholder rebellion as investors spurned a cash tender offer it made earlier in the week for €3bn of Fortis Bank convertible and hybrid equity-linked securities (Cashes). ..

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