Ardshinbank postpones deal after roadshow
Armenian bank Ardshinbank has postponed a RegS/144A five year dollar loan participation note after a week on the road.
Ba3/B+ rated Ardshinbank mandated Citi and Renaissance Capital as joint bookrunners last week. One day after finishing a roadshow that took in Zurich, Frankfurt, London, New York and Boston, the issuer thanked investors “for their credit work and the interest expressed” and postponed the trade.One investor who ...
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