Salt began a roadshow in London for a four tranche bond in three currencies on Tuesday, but postponed the deal on Friday morning. Several market sources blamed the bonds' covenant package, which was deemed to be "aggressive" and "off-market".
"I'd say some people are behaving in the most aggressive ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
