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Ferrexpo postpones planned Eurobond issue

Ferrexpo postpones planned Eurobond issue

22 July 2010

Ferrexpo decided to delay its planned Eurobond issue until fall, Debtwire reported yesterday. Ferrexpo held a roadshow last week and was seeking to place USD 300-500 mln in new external debt. According to undisclosed sources interviewed by local media, the company did not want to pay a yield of more than 10%.

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