TDB Mongolia pulls deal after extended book build

By Morgan Davis
23 May 2019

The Trade and Development Bank of Mongolia (TDBM) postponed its proposed dollar bond on Thursday, after opening the order book for the three year notes on Tuesday.

On Thursday afternoon Hong Kong time, the bank said that it was pulling its deal but planned to return to the market in the near future. It said that it wanted to give investors more time to understand some of the turmoil surrounding the bank, as its chairman ...

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