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Emerging MarketsEM CEE

They think it's coal over: JSW bond postponed but KWSA remains

One of two Polish coal company deals on Tuesday disappeared off of screens as Jastrzębska Spółka Węglowa postponed its bond issue. That left Kompany Weglowa (KWSA) in the market with bankers away from the remaining deal apprehensive about the levels of demand. This was despite a banker on the deal saying the success of either company in the bond market would have no bearing on the other.

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