Updated: NagaCorp’s bond proves slippery as investors grapple with price
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Updated: NagaCorp’s bond proves slippery as investors grapple with price

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Dollar bond investors got their first taste of a Cambodian credit this week when casino operator NagaCorp grabbed $300m from its debut outing. But a huge tightening in the secondary market reflected the struggle in finding a fair price for the issuer. Morgan Davis reports.

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