GTLK pulls deal, blames market volatility

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GTLK pulls deal, blames market volatility

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Moscow,Russia,Red square,view of St. Basil's Cathedral | Reidl - Fotolia

GTLK, Russia’s state transport leasing company, on Tuesday postponed its dollar Reg S seven year amortising bond, blaming “broader market volatility” for the move. But investors looking at the note said the postponement was more a sign of the buyside becoming more discerning.

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