	nord est plans mln franc bond issue financial and industrial holding company nord est plans to make a convertible bond issue for a total of mln francs president gustave rambaud said he told a news conference nord est expected to receive approval from the bourse supervisory body cob in the next two week when terms would set according to market conditions he said the issue was meant to boost capital ahead of new investments rambaud said the company would pay a dividend of francs unchanged on parent company net profit last year rose to mln francs against mln in provisional consolidated profits were lower at mln francs compared with mln in of which mln against mln was attributable to the group he said the lower profit was mainly due to losses made by steel tube maker vallourec in which nord est has a pct stake rambaud said he forecast a parent company net profit before provisions of around mln francs reuter 
