Aralco Postpones Debut

Aralco Postpones Debut

Brazil Bonds

Brazil’s Aralco has postponed the sale of a debut 7NC4 bond due to unfavorable market conditions, according to people familiar with the transaction. A weaker market and steep declines in secondary market trading activity for Brazilian high-yield peers like Marfrig and OGX led the company to postpone pricing efforts, say bankers following the deal. “Aralco Finance has decided to postpone its contemplated USD 144A/RegS transaction. The Aralco team would like to thank investors for their time and a

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