In 1st Scrapped Deal Of 2014, Trinidad Cement Shelves $325M High Yield Bond Offering |
| May 22, 2014 | May 2014 Bond Updates |
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First-time issuer Trinidad Cement's dual-currency offering of speculative-grade notes has been postponed to await more favorable market conditions, according to a company statement. The deal was intended to target refinancing efforts and support general corporate purposes, and terms on an oversubscribed order book were not consistent with the company's development strategies. |
| View more at: http://www.forbes.com/sites/spleverage/2014/05/21/in-1st-scrapped-deal-of-2014-trinidad-cement-shelves-325m-high-yield-bond-offering/ |
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