BNP Paribas returns to Yankee bond market
BNP Paribas took advantage Friday of a US investor rush for European bank securities, returning to the Yankee bond market for the first time in 16 months with a US$1.25bn five-year offering.
BNP Paribas upgraded Indian engineering and construction firm Larsen & Toubro to ``buy'' from ``hold'', saying a recent price correction offers an attractive entry point.