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Pernod Ricard issues fourth French convertible bond of 2002

Pernod Ricard, the drinks company, has continued the stream of equity-linked issuance from France this year as JP Morgan and SG sold a €425m ($370m) convertible bond.

The only European convertible issue from outside France this year has been the €1bn deal from Infineon Technologies, the German semiconductor manufacturer, last month.

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