Fixed-income investors are beginning early preparation for a potential Additional Tier 1 bond from bnp paribas that they expect to emerge this autumn, after the bank agreed to pay a fine of almost US$9bn to US authorities. Although chief financial officer Lars Machenil told analysts on a conference call on Tuesday that there was "no rush" for AT1 funding, he added that that did "not mean that we might not do something opportunistically".
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