06.06.2014 - Malaysia's Khazanah cancels $750 mln bond fundraising on unfavorable pricing-IFR
Malaysian state investor Khazanah Nasional Bhd has canceled plans to sell up to $750 million worth of U.S. dollar-denominated bonds, after failing to reach its price targets from two hours of book building, IFR reported. Khazanah, in a note to investors seen by Reuters, said it received solid market support for the bond with over 50 high-quality investors participating, but decided not to proceed with the deal as it missed specific pricing objectives...............................................Full Article: Source
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