(Reuters) - KARACHI/HONG KONG, Aug 3 - Pakistani textile and
fertiliser maker Azgard Nine has postponed its
international bond issue due to poor market conditions, sources
familiar with the deal said on Friday, with other pending high
yield issues from Asia also seen as vulnerable.
Azgard Nine said in May its debut international bond,
sponsored by Citigroup , would be worth up to $260 million,
and have a tenor of between seven and 10 years.
Read more at Reuters.com Bonds News
fertiliser maker Azgard Nine has postponed its
international bond issue due to poor market conditions, sources
familiar with the deal said on Friday, with other pending high
yield issues from Asia also seen as vulnerable.
Azgard Nine said in May its debut international bond,
sponsored by Citigroup , would be worth up to $260 million,
and have a tenor of between seven and 10 years.
Read more at Reuters.com Bonds News
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