Ardshinbank postpones deal after roadshow

Armenia abobe 230x150
By Ross Lancaster
21 Nov 2019

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 ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

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.