Cleary Gottlieb Steen & Hamilton has won a mandate as deal counsel to BNP Paribas on its 4.3 billion euro ($6.3 billion) rights offering launched Tuesday. The Wall Street firm's Paris office fielded a team led by capital markets partners Pierre-Yves Chabert and John Brinitzer. The proceeds of the capital raising will be used to pay back a 5.1 billion euro ($7.4 billion) recapitalization the bank received from the French State during the financial crisis.
September 30, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Cleary Gottlieb Steen & Hamilton has won a mandate as deal counsel to BNP Paribas on its 4.3 billion euro ($6.3 billion) rights offering launched Tuesday.
The Wall Street firm’s Paris office fielded a team led by capital markets partners Pierre-Yves Chabert and John Brinitzer.
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