Andrade Gutierrez cancels tender, plans revised deal

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Andrade Gutierrez cancels tender, plans revised deal

Brazil, cement, Votorantim Cimentos
Brazil wall. Grungy old brick wall with Brazilian flag on broken render surface | Eyematrix - Fotolia

Brazilian engineering and construction firm Andrade Gutierrez has cancelled the buy-back of its bond maturing in 2021 after failing to sell a new five year bond, saying it expects to announce a revised transaction soon.

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