Tuesday, 26 June 2007

RPT-UPDATE 1-Arcelor postpones euro bond amid market volatility

(Reuters) - LONDON, June 26 - Arcelor Finance has put on hold
a planned two-part benchmark euro bond sale amid market
volatility related to worries about credit and the U.S. subprime
mortgage market, banks managing the sale said on Tuesday.




"Given the current volatility, Arcelor Finance have decided
to put their transaction on hold pending more stable market
conditions," one of the banks said.


Read more at Reuters.com Bonds News

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